Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Azerbaijan - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Azerbaijan (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Azerbaijan (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Azerbaijan
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Azerbaijan
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Azerbaijan (CIF) - 2022
In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $2,075 per unit, rising by 22% against the previous year. In general, the import price showed a significant expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 133%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($2,618 per unit), while the price for Turkey ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+28.9%), 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 Azerbaijan (FOB) - 2022
The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $767 per unit in 2022, which is down by -79.7% against the previous year. Overall, the export price continues to indicate a precipitous slump. The most prominent rate of growth was recorded in 2016 an increase of 69% against the previous year. Over the period under review, the average export prices hit record highs at $20,705 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($770 per unit), while the average price for exports to Uzbekistan stood at $725 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (-16.3%).
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Azerbaijan
In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings imported into Azerbaijan rose modestly to 2.2K units, with an increase of 2.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings surged to $4.5M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +73.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 2.8 | 2.5 | 3.5 | 4.4 | 16.3% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| China | N/A | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 2.9 | 2.6 | 3.6 | 4.5 | 15.8% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Azerbaijan in 2022:
- Switzerland (1695.0 units)
- China (338.0 units)
- Japan (68.0 units)
- Turkey (49.0 units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Azerbaijan
In 2022, overseas shipments of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were finally on the rise to reach 164 units after two years of decline. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings soared to $126K in 2022. Over the period under review, exports enjoyed a noticeable expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 118 | 0% |
| Uzbekistan | N/A | N/A | N/A | 8.0 | 0% |
| Switzerland | 90.0 | 49.2 | 41.7 | N/A | -31.9% |
| Netherlands | N/A | 61.1 | N/A | N/A | 0% |
| Others | 28.5 | N/A | 7.3 | N/A | -49.4% |
| Total | 118 | 110 | 49.1 | 126 | 2.2% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Azerbaijan in 2022:
- Russia (153.0 units)
- Uzbekistan (11.0 units)
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