Price for Watch Cases and Parts Thereof in Kazakhstan - 2021

Price for Watch Cases and Parts Thereof in Kazakhstan (CIF) - 2022

In 2022, the average import price for watch cases and parts thereoves amounted to $14 per unit, declining by -27.6% against the previous year. Over the period under review, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 138% against the previous year. As a result, import price attained the peak level of $43 per unit. From 2014 to 2022, the average import prices remained at a 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 Sweden ($98 per unit), while the price for China stood at $11 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+86.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Watch Cases and Parts Thereof in Kazakhstan (FOB) - 2022

The average export price for watch cases and parts thereoves stood at $68 per unit in 2022, with a decrease of -41.6% against the previous year. In general, the export price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 an increase of 401% against the previous year. As a result, the export price attained the peak level of $117 per unit, and then shrank remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +9.1% per year.

Imports of Watch Cases and Parts Thereof in Kazakhstan

In 2022, approx. 17K units of watch cases and parts thereoves were imported into Kazakhstan; rising by 172% on the previous year's figure. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,832%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, watch cases and parts thereof imports surged to $235K in 2022. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 3,352% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Watch Cases and Parts Thereof in Kazakhstan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1.0	1.7	46.9	182	466.7%
Sweden	N/A	N/A	27.4	40.4	47.4%
Russia	5.3	0.1	9.5	4.6	-4.6%
Others	3.0	1.6	35.3	7.7	36.9%
Total	9.2	3.5	119	235	194.5%

Top Suppliers of Watch Cases and Parts Thereof to Kazakhstan in 2022:

China (16.2K units)
Sweden (0.4K units)
Russia (0.1K units)

Exports of Watch Cases and Parts Thereof in Kazakhstan

In 2022, approx. 3.4K units of watch cases and parts thereoves were exported from Kazakhstan; growing by 167% against 2021 figures. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 950%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, watch cases and parts thereof exports surged to $233K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 5,160%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.