Price for Watch Cases and Parts Thereof in Argentina - 2023
Contents:
- Price for Watch Cases and Parts Thereof in Argentina (CIF) - 2022
- Price for Watch Cases and Parts Thereof in Argentina (FOB) - 2022
- Imports of Watch Cases and Parts Thereof in Argentina
- Exports of Watch Cases and Parts Thereof in Argentina
Price for Watch Cases and Parts Thereof in Argentina (CIF) - 2022
The average import price for watch cases and parts thereoves stood at $5 per unit in 2022, reducing by -33.2% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, watch cases and parts thereof import price decreased by -41.5% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 66% against the previous year. The import price peaked at $8.6 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($27 per unit), while the price for China ($2.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Watch Cases and Parts Thereof in Argentina (FOB) - 2022
The average export price for watch cases and parts thereoves stood at $10 per unit in 2022, rising by 5.8% against the previous year. Overall, the export price, however, continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 207%. The export price peaked at $60 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($20 per unit), while the average price for exports to Spain ($4.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Watch Cases and Parts Thereof in Argentina
In 2022, the amount of watch cases and parts thereoves imported into Argentina expanded rapidly to 3K units, rising by 9.7% against 2021 figures. Over the period under review, imports enjoyed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 239% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, watch cases and parts thereof imports dropped significantly to $15K in 2022. In general, imports, however, continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2021 with an increase of 197% against the previous year. As a result, imports reached the peak of $20K, and then dropped dramatically in the following year.
Import of Watch Cases and Parts Thereof in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 1.9 | 0.3 | 7.4 | 6.9 | 53.7% |
China | 5.1 | 1.7 | 3.8 | 5.8 | 4.4% |
Switzerland | 0.4 | 0.1 | 0.1 | 2.0 | 71.0% |
Hong Kong SAR | 3.9 | 2.8 | 6.7 | N/A | 31.1% |
Others | 5.1 | 1.9 | 2.4 | 0.2 | -66.0% |
Total | 16.4 | 6.9 | 20.4 | 14.9 | -3.1% |
Top Suppliers of Watch Cases and Parts Thereof to Argentina in 2022:
- China (2521.0 units)
- Taiwan (Chinese) (254.0 units)
- Switzerland (182.0 units)
Exports of Watch Cases and Parts Thereof in Argentina
After three years of growth, shipments abroad of watch cases and parts thereoves decreased by -44.8% to 387 units in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 383% against the previous year. As a result, the exports reached the peak of 701 units, and then declined significantly in the following year.
In value terms, watch cases and parts thereof exports fell markedly to $4K in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 499%. As a result, the exports reached the peak of $6.8K, and then shrank dramatically in the following year.
Export of Watch Cases and Parts Thereof in Argentina (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 174 | 426 | 2,344 | 1,097 | 84.7% |
Switzerland | 47.0 | 11.0 | 2,262 | 1,058 | 182.4% |
Spain | 54.0 | 116 | 483 | 246 | 65.8% |
Netherlands | 54.0 | 134 | 193 | 93.0 | 19.9% |
France | 46.0 | 81.0 | 186 | 87.0 | 23.7% |
Poland | N/A | 80.0 | 70.0 | N/A | -12.5% |
Turkey | N/A | N/A | 80.0 | N/A | 0% |
Others | 55.0 | 292 | 1,212 | 1,404 | 194.4% |
Total | 430 | 1,140 | 6,830 | 3,985 | 110.0% |
Top Export Markets for Watch Cases and Parts Thereof from Argentina in 2022:
- Chile (102.0 units)
- Switzerland (54.0 units)
- Spain (50.0 units)
- Netherlands (12.0 units)
- France (9.0 units)
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