Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Dominican Republic - 2023
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Dominican Republic (CIF) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Dominican Republic
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Dominican Republic (CIF) - 2022
In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $22 per unit, rising by 269% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($27 per unit), while the price for China totaled $4.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Dominican Republic
In 2022, purchases abroad of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds decreased by -81.8% to 180 units, falling for the second year in a row after two years of growth. Overall, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year. As a result, imports attained the peak of 1.2K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds fell significantly to $4K in 2022. Over the period under review, imports saw a noticeable contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 37%. As a result, imports reached the peak of $6.3K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.2 | 0.7 | 0.1 | 3.9 | 169.2% |
| China | 2.6 | 2.6 | 2.8 | 0.2 | -57.5% |
| Spain | 0.3 | 0.6 | 0.8 | N/A | 63.3% |
| Panama | 0.4 | 0.4 | 0.5 | N/A | 11.8% |
| Mexico | 0.8 | 1.0 | 1.8 | N/A | 50.0% |
| Portugal | N/A | 0.3 | N/A | N/A | 0% |
| Brazil | N/A | 0.6 | N/A | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 4.6 | 6.3 | 6.0 | 4.0 | -4.6% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to the Dominican Republic in 2022:
- United States (142.0 units)
- China (38.0 units)
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