Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Costa Rica - 2022
Contents:
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Costa Rica (CIF) - 2022
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Costa Rica (FOB) - 2022
- Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Costa Rica
- Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Costa Rica
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Costa Rica (CIF) - 2022
In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $153 per unit, with an increase of 24% against the previous year. Over the period under review, the import price posted a strong increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 81%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($205 per unit), while the price for China ($68 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Costa Rica (FOB) - 2022
The average export price for watches; complete movements, unassembled or partly assembled (movement sets) stood at $68 per unit in 2022, reducing by -49.6% against the previous year. Overall, the export price recorded a precipitous decline. The export price peaked at $135 per unit in 2021, and then contracted dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2021 to 2022, the rate of growth in terms of prices for France amounted to 0.0% per year.
Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Costa Rica
In 2022, supplies from abroad of watches; complete movements, unassembled or partly assembled (movement sets) was finally on the rise to reach 33 units after two years of decline. Overall, imports, however, continue to indicate a sharp contraction. Over the period under review, imports of reached the peak figure at 106 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) soared to $5.1K in 2022. Over the period under review, imports, however, showed a dramatic decrease. Imports peaked at $12K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.9 | 0.1 | 0.4 | 4.8 | 74.7% |
| Spain | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| China | 4.8 | 1.4 | N/A | 0.1 | -72.5% |
| Switzerland | 3.1 | 1.9 | 1.3 | N/A | -35.2% |
| France | 1.2 | N/A | N/A | N/A | 0% |
| Italy | 1.2 | 0.5 | 0.4 | N/A | -42.3% |
| Others | 0.4 | 0.2 | 0.3 | N/A | -13.4% |
| Total | 11.7 | 4.2 | 2.5 | 5.1 | -24.2% |
Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Costa Rica in 2022:
- United States (31.0 units)
- China (1.0 units)
- Spain (1.0 units)
Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Costa Rica
Exports of watches; complete movements, unassembled or partly assembled (movement sets) from Costa Rica was estimated at 1 units in 2022, leveling off at the previous year. Over the period under review, exports showed a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of watches; complete movements, unassembled or partly assembled (movement sets) reduced rapidly to $68 in 2022. In general, exports faced a precipitous contraction. Over the period under review, the exports of attained the maximum at $135 in 2021, and then shrank notably in the following year.
| Export of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Costa Rica (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Germany | N/A | 68.0 | 0% | ||
| France | 135 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 135 | 68.0 | -49.6% | ||
Top Export Markets for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) from Costa Rica in 2022:
- Germany (1.0 units)
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