Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Chile - 2024

Contents:

  1. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Chile (CIF) - 2022
  2. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Chile (FOB) - 2022
  3. Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Chile
  4. Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Chile

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Chile (CIF) - 2022

The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $4.9 per unit in 2022, shrinking by -6.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 153% against the previous year. As a result, import price reached the peak level of $8.1 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

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 Colombia ($7.6 per unit), while the price for China totaled $4.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the prices for the other major suppliers experienced a decline.

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Chile (FOB) - 2022

The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $90 per unit in 2022, surging by 25% against the previous year. In general, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 354%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($140 per unit), while the average price for exports to Argentina ($61 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 Hong Kong SAR (+49.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Chile

In 2022, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds into Chile plummeted to 82K units, dropping by -33.4% against 2021 figures. Overall, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 49%. As a result, imports reached the peak of 123K units, and then dropped remarkably in the following year.

In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds contracted remarkably to $402K in 2022. Over the period under review, imports showed a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year. Imports peaked at $929K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23318113132011.2%
ColombiaN/AN/AN/A12.90%
Hong Kong SAR4890.712.33.4-80.9%
Panama46.0157187N/A101.6%
Others16114531366.5-25.5%
Total929484644402-24.4%

Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Chile in 2022:

  1. China (77.4K units)
  2. Colombia (1.7K units)
  3. Hong Kong SAR (0.1K units)

Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Chile

In 2022, overseas shipments of pocket watches and other watches, including stop-watches; battery or accumulator powereds were finally on the rise to reach 3 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a significant curtailment. The exports peaked at 918 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds soared to $271 in 2022. In general, exports, however, faced a precipitous curtailment. Over the period under review, the exports of reached the maximum at $31K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay15.3N/A0.10.1-81.3%
PeruN/A1.0N/A0.1-68.4%
ArgentinaN/AN/AN/A0.10%
Hong Kong SAR4.8N/AN/AN/A0%
Paraguay1.6N/AN/AN/A0%
United States2.1N/AN/AN/A0%
Others7.4N/AN/AN/A0%
Total31.21.00.10.3-78.7%

Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Chile in 2022:

  1. Argentina (1.0 units)
  2. Peru (1.0 units)
  3. Uruguay (1.0 units)

Source: IndexBox Market Intelligence Platform

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