Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Azerbaijan - 2023
Contents:
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Azerbaijan (CIF) - 2022
- Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Azerbaijan
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Azerbaijan (CIF) - 2022
In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $81 per unit, falling by -41.5% against the previous year. Over the period under review, the import price, however, showed measured growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 63% against the previous year. Over the period under review, average import prices attained the peak figure at $139 per unit in 2021, and then dropped sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($146 per unit), while the price for India ($24 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+14.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Azerbaijan
In 2022, the amount of watch cases; of base metal, whether or not gold-plated or silver-plated imported into Azerbaijan surged to 18 units, jumping by 125% against 2021. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated surged to $1.5K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 40% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 838 | 593 | 137 | 808 | -1.2% |
| Hong Kong SAR | 151 | 203 | 445 | 584 | 57.0% |
| India | N/A | N/A | N/A | 71.0 | 0% |
| Switzerland | N/A | N/A | 529 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 989 | 796 | 1,111 | 1,463 | 13.9% |
Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to Azerbaijan in 2022:
- China (11.0 units)
- Hong Kong SAR (4.0 units)
- India (3.0 units)
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