Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Myanmar - 2022

Contents:

  1. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Myanmar (CIF) - 2022
  2. Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Myanmar

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Myanmar (CIF) - 2022

The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $1.4 per unit in 2022, which is down by -93.4% against the previous year. In general, the import price recorded a precipitous decrease. The most prominent rate of growth was recorded in 2017 an increase of 2,513%. As a result, import price reached the peak level of $25 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.0% per year.

Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Myanmar

For the fourth consecutive year, Myanmar recorded growth in purchases abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds, which increased by 2,942% to 1.5K units in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds surged to $2K in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 184%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Myanmar (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/A1,0122,044102.0%
ChinaN/A53612.0N/A-97.8%
Others189N/AN/AN/A0%
Total1895361,0242,044121.1%

Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Myanmar in 2022:

  1. Thailand (1.5K units)

Source: IndexBox Market Intelligence Platform

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