Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Colombia - 2022
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Colombia (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Colombia (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Colombia
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Colombia
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Colombia (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $891 per unit in 2022, picking up by 11% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2014 an increase of 29%. The import price peaked at $1,799 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Switzerland ($1,154 per unit), while the price for Taiwan (Chinese) ($49 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 (+7.5%), while the prices for the other major suppliers experienced a decline.
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Colombia (FOB) - 2022
In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $1,832 per unit, waning by -15.8% against the previous year. Over the period under review, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 an increase of 148%. The export price peaked at $2,176 per unit in 2021, and then dropped significantly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,338 per unit), while the average price for exports to Panama ($96 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Colombia
In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings imported into Colombia fell to 22K units, declining by -14.8% against 2021. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 31%. As a result, imports attained the peak of 26K units, and then shrank in the following year.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings dropped to $20M in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports reached the peak of $21M, and then shrank in the following year.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 14.6 | 14.5 | 19.8 | 19.0 | 9.2% |
| China | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Japan | N/A | N/A | N/A | 0.2 | 0% |
| Peru | N/A | N/A | 0.1 | N/A | 0% |
| United States | 1.4 | 1.3 | 0.4 | N/A | -46.5% |
| Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | 0.3 | N/A | 73.2% |
| Total | 16.2 | 16.1 | 20.7 | 19.6 | 6.6% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Colombia in 2022:
- Switzerland (16.4K units)
- Japan (3.8K units)
- China (1.1K units)
- Taiwan (Chinese) (0.5K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Colombia
In 2022, shipments abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings decreased by -42.9% to 113 units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 218%. As a result, the exports attained the peak of 554 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings reduced sharply to $207K in 2022. In general, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 264%. As a result, the exports reached the peak of $501K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 15.5 | 112 | N/A | 132 | 104.2% |
| United States | 117 | 220 | 428 | 74.8 | -13.9% |
| Spain | 1.8 | N/A | N/A | N/A | 0% |
| Hong Kong SAR | N/A | 166 | N/A | N/A | 0% |
| Others | 3.1 | 3.5 | 2.5 | 0.1 | -68.2% |
| Total | 138 | 501 | 431 | 207 | 14.5% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Colombia in 2022:
- Switzerland (80.0 units)
- United States (32.0 units)
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