Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Pakistan - 2023
Contents:
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Pakistan (CIF) - 2022
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Pakistan (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Pakistan
- Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Pakistan
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Pakistan (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $3.2 per unit, surging by 55% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices reached the peak figure at $4.4 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3.4 per unit), while the price for Hong Kong SAR amounted to $1.2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Pakistan (FOB) - 2022
The average export price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $4.3 per unit in 2022, reducing by -88.2% against the previous year. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 467%. The export price peaked at $49 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2013 to 2022, the rate of growth in terms of prices for the UK amounted to -1.6% per year.
Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Pakistan
After two years of decline, purchases abroad of watch movements; complete and assembled, not automatic winding or electrically operateds increased by 63% to 6K units in 2022. Over the period under review, imports, however, showed a abrupt decrease. Imports peaked at 9.5K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds soared to $19K in 2022. Overall, imports, however, recorded a sharp decrease. Over the period under review, imports of reached the maximum at $42K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 33.1 | 9.0 | 2.7 | 19.0 | -16.9% |
| Hong Kong SAR | 0.5 | 0.3 | 0.2 | 0.4 | -7.2% |
| Switzerland | 1.5 | 1.0 | 0.7 | N/A | -31.7% |
| United States | 6.3 | 5.1 | 3.9 | N/A | -21.3% |
| Others | 0.4 | 0.2 | 0.1 | N/A | -50.0% |
| Total | 41.8 | 15.7 | 7.7 | 19.4 | -22.6% |
Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Pakistan in 2022:
- China (5.6K units)
- Hong Kong SAR (0.3K units)
Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Pakistan
In 2022, the amount of watch movements; complete and assembled, not automatic winding or electrically operateds exported from Pakistan surged to 2.3K units, jumping by 1,771% on 2021. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds soared to $9.9K in 2022. Overall, exports, however, faced a deep downturn. Over the period under review, the exports of reached the maximum at $15K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Canada | N/A | N/A | 9.9 | 0% | |
| United Kingdom | 2.9 | 1.8 | N/A | -37.9% | |
| Others | 12.2 | 2.7 | N/A | -77.9% | |
| Total | 15.2 | 4.5 | 9.9 | -19.3% | |
Top Export Markets for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated from Pakistan in 2022:
- Canada (2.3K units)
335
This report provides an in-depth analysis of the assembled watch movements market in Pakistan.
395
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
335
This report provides an in-depth analysis of the assembled watch movements market in Pakistan.
395
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
Nothing found. Please try again.
