Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Tanzania - 2022

Contents:

  1. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Tanzania (CIF) - 2022
  2. Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Tanzania

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Tanzania (CIF) - 2022

The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $208 per unit in 2022, reducing by -59.4% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2021 an increase of 437% against the previous year. Over the period under review, average import prices reached the peak figure at $1,539 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($223 per unit), while the price for Germany ($109 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-4.6%), 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 Tanzania

In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings imported into Tanzania shrank rapidly to 5 units, waning by -98.5% on the previous year's figure. Over the period under review, imports continue to indicate a dramatic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 531%. As a result, imports reached the peak of 341 units, and then shrank sharply in the following year.

In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings declined sharply to $1K in 2022. Overall, imports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 3,291% against the previous year. As a result, imports attained the peak of $175K, and then reduced notably in the following year.

Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A0.40%
GermanyN/AN/AN/A0.20%
China44.61.1N/A0.2-83.5%
SwitzerlandN/A1.6169N/A10462.5%
United Arab Emirates1.62.46.1N/A95.3%
NamibiaN/A0.1N/AN/A0%
OthersN/AN/AN/A0.20%
Total46.25.21751.0-72.1%

Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Tanzania in 2022:

  1. United States (2.0 units)
  2. Germany (2.0 units)
  3. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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