Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kazakhstan - 2022
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kazakhstan (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kazakhstan (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kazakhstan
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kazakhstan
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kazakhstan (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $241 per unit in 2022, which is down by -49.5% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 10% against the previous year. Over the period under review, average import prices attained the peak figure at $798 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 ($1,625 per unit), while the price for China ($56 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kazakhstan (FOB) - 2022
In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $2,109 per unit, with a decrease of -30.2% against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth appeared the most rapid in 2020 an increase of 138% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,269 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Switzerland ($2,323 per unit), while the average price for exports to Tajikistan ($391 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 Russia (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kazakhstan
For the fourth consecutive year, Kazakhstan recorded growth in overseas purchases of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings, which increased by 60% to 73K units in 2022. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 77%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings reduced rapidly to $18M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.7% 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 +29.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. As a result, imports reached the peak of $22M, and then shrank notably in the following year.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kazakhstan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 12.1 | 6.8 | 13.7 | 13.4 | 3.5% |
| China | 0.1 | 0.1 | 0.2 | 3.5 | 227.1% |
| Russia | 2.3 | 1.3 | 1.4 | 0.3 | -49.3% |
| Malaysia | N/A | N/A | 0.3 | N/A | 0% |
| Others | 0.5 | 5.5 | 6.4 | 0.5 | 0.0% |
| Total | 15.0 | 13.7 | 22.0 | 17.7 | 5.7% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Kazakhstan in 2022:
- China (63.2K units)
- Switzerland (8.2K units)
- Russia (0.6K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kazakhstan
After three years of growth, overseas shipments of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings decreased by -83.1% to 20 units in 2022. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 372%. As a result, the exports reached the peak of 118 units, and then declined notably in the following year.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings dropped sharply to $42K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 643%. The exports peaked at $356K in 2021, and then contracted rapidly in the following year.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.5 | 9.8 | 72.8 | 18.6 | 233.8% |
| Russia | 0.8 | 10.8 | 86.8 | 15.0 | 165.7% |
| Austria | 0.5 | 5.1 | 33.1 | 8.2 | 154.1% |
| Tajikistan | 0.2 | 1.0 | 4.1 | 0.4 | 26.0% |
| Hong Kong SAR | 7.6 | 43.0 | 156 | N/A | 353.1% |
| France | 0.1 | 0.7 | 3.3 | N/A | 474.5% |
| Singapore | N/A | 0.4 | N/A | N/A | 0% |
| Turkey | N/A | N/A | 0.3 | N/A | 0% |
| Others | N/A | 1.4 | N/A | N/A | 0% |
| Total | 9.7 | 72.1 | 356 | 42.2 | 63.2% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Kazakhstan in 2022:
- Switzerland (8.0 units)
- Russia (7.0 units)
- Austria (4.0 units)
- Tajikistan (1.0 units)
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