Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Angola - 2022
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Angola (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Angola (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Angola
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Angola
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Angola (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $1,332 per unit in 2022, picking up by 7.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 13%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.
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 Portugal ($1,280 per unit), while the price for Hong Kong SAR ($69 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+56.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Angola (FOB) - 2022
The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $2,406 per unit in 2022, with a decrease of -13% against the previous year. Over the period under review, the export price saw a deep setback. The growth pace was the most rapid in 2021 an increase of 29% against the previous year. The export price peaked at $4,478 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($2,979 per unit), while the average price for exports to Germany stood at $114 per unit.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+11.3%).
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Angola
In 2022, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into Angola skyrocketed to 102 units, picking up by 48% compared with 2021. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings skyrocketed to $136K in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 66%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 28.5 | 44.3 | 70.4 | 61.5 | 29.2% |
| Switzerland | N/A | N/A | 7.9 | 44.5 | 463.3% |
| Germany | 0.6 | N/A | 0.1 | 6.6 | 122.4% |
| China | 6.5 | 1.1 | 3.1 | 2.3 | -29.3% |
| United Arab Emirates | N/A | N/A | 2.5 | 2.1 | -16.0% |
| United States | 17.4 | 2.1 | 0.8 | 0.5 | -69.4% |
| Singapore | 0.2 | N/A | N/A | 0.4 | 26.0% |
| Hong Kong SAR | N/A | N/A | N/A | 0.1 | 0% |
| United Kingdom | N/A | 56.9 | N/A | N/A | 0% |
| South Africa | 11.7 | 3.1 | N/A | N/A | -73.5% |
| Others | 0.4 | 0.9 | 1.0 | 17.7 | 253.7% |
| Total | 65.3 | 108 | 85.8 | 136 | 27.7% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Angola in 2022:
- Portugal (48.0 units)
- Switzerland (35.0 units)
- Germany (7.0 units)
- China (4.0 units)
- Singapore (2.0 units)
- United Arab Emirates (2.0 units)
- Hong Kong SAR (2.0 units)
- United States (1.0 units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Angola
Exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings from Angola totaled 5 units in 2022, almost unchanged from the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings fell to $12K in 2022. The total export value increased at an average annual rate of +6.1% over the period from 2020 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 29%. As a result, the exports attained the peak of $14K, and then dropped in the following year.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Portugal | 10.4 | 13.8 | 11.9 | 7.0% | |
| Germany | N/A | N/A | 0.1 | 0% | |
| Namibia | 0.1 | N/A | N/A | 0% | |
| United Arab Emirates | 0.2 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 10.7 | 13.8 | 12.0 | 5.9% | |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Angola in 2022:
- Portugal (4.0 units)
- Germany (1.0 units)
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