Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Nepal - 2022
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Nepal (CIF) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Nepal
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Nepal (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $561 per unit in 2022, dropping by -56.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $1,277 per unit, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($1,401 per unit), while the price for Israel ($4.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+9.0%), while the prices for the other major suppliers experienced a decline.
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Nepal
In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings imported into Nepal soared to 7.2K units, jumping by 188% on 2021. Over the period under review, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings skyrocketed to $4M in 2022. Overall, imports posted a pronounced expansion. The pace of growth appeared the most rapid in 2021 with an increase of 194%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 3,365 | 1,076 | 3,004 | 3,975 | 5.7% |
| China | N/A | N/A | N/A | 44.3 | 0% |
| Japan | 7.6 | 5.1 | 29.1 | 9.5 | 7.7% |
| Qatar | N/A | N/A | N/A | 3.1 | 0% |
| Hong Kong SAR | 30.0 | 3.9 | 9.5 | 1.7 | -61.6% |
| Australia | N/A | N/A | 0.6 | 1.1 | 83.3% |
| Israel | N/A | N/A | N/A | 1.0 | 0% |
| Others | 99.5 | 2.4 | 152 | 8.3 | -56.3% |
| Total | 3,502 | 1,087 | 3,195 | 4,043 | 4.9% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Nepal in 2022:
- Switzerland (2838.0 units)
- China (2287.0 units)
- Japan (1010.0 units)
- Qatar (368.0 units)
- Israel (212.0 units)
- Australia (123.0 units)
- Hong Kong SAR (22.0 units)
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