Price for Watches; Incomplete Movements, Assembled in Pakistan - 2022

Price for Watches; Incomplete Movements, Assembled in Pakistan (CIF) - 2022

The average watches; incomplete movements, assembled import price stood at $4.9 per unit in 2022, leveling off at the previous year. In general, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 3,108%. As a result, import price attained the peak level of $68 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

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

Imports of Watches; Incomplete Movements, Assembled in Pakistan

After two years of decline, supplies from abroad of watches; incomplete movements, assembleds decreased by 0% to 673 units in 2022. In general, imports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, watches; incomplete movements, assembled imports totaled $3.3K in 2022. Overall, imports recorded significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.