Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ethiopia - 2022
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ethiopia (CIF) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ethiopia
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ethiopia (CIF) - 2022
In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $1,676 per unit, jumping by 39% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 55%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,028 per unit), while the price for Switzerland amounted to $1,338 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.0%).
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ethiopia
In 2022, overseas purchases of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were finally on the rise to reach 416 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a pronounced contraction. Imports peaked at 481 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings surged to $697K in 2022. Over the period under review, imports, however, showed a perceptible slump. Over the period under review, imports of reached the peak figure at $802K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 363 | 304 | 229 | 517 | 12.5% |
China | 198 | 16.2 | 4.3 | 181 | -2.9% |
Japan | 200 | 198 | 202 | N/A | 0.5% |
Others | 40.5 | 22.0 | 15.7 | N/A | -37.7% |
Total | 802 | 540 | 451 | 697 | -4.6% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Ethiopia in 2022:
- Switzerland (386.0 units)
- China (30.0 units)
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