Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Costa Rica - 2022
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Costa Rica (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Costa Rica (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Costa Rica
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Costa Rica
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Costa Rica (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $1,755 per unit in 2022, declining by -14.9% against the previous year. In general, the import price, however, recorded a notable increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 33% against the previous year. As a result, import price reached the peak level of $2,062 per unit, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($2,296 per unit), while the price for Panama ($213 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+0.6%), 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 Costa Rica (FOB) - 2022
The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $2,625 per unit in 2022, with an increase of 2.6% against the previous year. Overall, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 533%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
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 ($2,658 per unit), while the average price for exports to Switzerland stood at $1,511 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+22.5%), 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 Costa Rica
In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings imported into Costa Rica fell markedly to 1.7K units, waning by -27.3% on 2021. Over the period under review, imports saw a deep reduction. The smallest decline of -5% was in 2021. Imports peaked at 2.9K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings dropped rapidly to $3M in 2022. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports attained the peak of $4.9M, and then reduced sharply in the following year.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 2,948 | 2,611 | 4,228 | 2,792 | -1.8% |
| United States | 321 | 444 | 243 | 118 | -28.4% |
| Hong Kong SAR | 461 | 116 | 17.5 | 43.6 | -54.4% |
| China | 266 | 139 | 140 | 21.2 | -57.0% |
| Others | 338 | 529 | 224 | 27.5 | -56.7% |
| Total | 4,333 | 3,838 | 4,852 | 3,002 | -11.5% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Costa Rica in 2022:
- Switzerland (1216.0 units)
- United States (272.0 units)
- Hong Kong SAR (150.0 units)
- China (22.0 units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Costa Rica
In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings exported from Costa Rica expanded notably to 190 units, with an increase of 9.8% on the year before. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 65%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings expanded sharply to $499K in 2022. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 70%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 204 | 192 | 399 | 497 | 34.6% |
| Switzerland | 54.5 | 39.0 | 9.6 | 1.5 | -69.8% |
| Hong Kong SAR | 36.6 | 29.1 | 33.1 | N/A | -4.9% |
| Others | 0.4 | 0.3 | 0.6 | 0.2 | -20.6% |
| Total | 295 | 261 | 442 | 499 | 19.1% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Costa Rica in 2022:
- United States (187.0 units)
- Switzerland (1.0 units)
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