Price for Watch Cases and Parts Thereof in Tanzania - 2022

Contents:

1. Price for Watch Cases and Parts Thereof in Tanzania (CIF) - 2022
2. Price for Watch Cases and Parts Thereof in Tanzania (FOB) - 2022
3. Imports of Watch Cases and Parts Thereof in Tanzania
4. Exports of Watch Cases and Parts Thereof in Tanzania

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

The average import price for watch cases and parts thereoves stood at $27 per unit in 2022, jumping by 765% against the previous year. In general, the import price recorded significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Kenya ($30 per unit), while the price for the UK ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+751.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2020, the average export price for watch cases and parts thereoves amounted to $110 per unit, growing by 1,367% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2016 to 2020, the rate of growth in terms of prices for Belgium amounted to 0.0% per year.

Imports of Watch Cases and Parts Thereof in Tanzania

In 2022, overseas purchases of watch cases and parts thereoves decreased by -86.5% to 21 units, falling for the second consecutive year after two years of growth. In general, imports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 59% against the previous year. As a result, imports attained the peak of 535 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, watch cases and parts thereof imports surged to $571 in 2022. Over the period under review, imports recorded a deep setback. The growth pace was the most rapid in 2020 when imports increased by 113%. As a result, imports attained the peak of $2K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

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

1. Kenya (18.0 units)
2. United States (1.0 units)
3. China (1.0 units)
4. United Kingdom (1.0 units)

Exports of Watch Cases and Parts Thereof in Tanzania

Watch cases and parts thereof exports from Tanzania declined dramatically to 1 units in 2020, waning by -50% against 2019 figures. Overall, exports continue to indicate a sharp downturn. Over the period under review, the exports reached the peak figure at 2 units in 2019, and then dropped remarkably in the following year.

In value terms, watch cases and parts thereof exports soared to $110 in 2020. Over the period under review, exports, however, recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Watch Cases and Parts Thereof from Tanzania in 2022:

1. Belgium (1.0 units)

Source: IndexBox Market Intelligence Platform