Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Colombia - 2022
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Colombia (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Colombia (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Colombia
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Colombia
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Colombia (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $1.2 per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, saw a deep setback. The pace of growth was the most pronounced in 2018 an increase of 79% against the previous year. Over the period under review, average import prices reached the maximum at $3 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.2% per year.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Colombia (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $16 per unit, approximately reflecting the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 266%. Over the period under review, the average export prices attained the peak figure at $20 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($27 per unit), while the average price for exports to Chile ($14 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 Bolivia (+10.2%), 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 Colombia
In 2022, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds into Colombia skyrocketed to 467K units, growing by 185% on the year before. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds surged to $544K in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 72.8 | 231 | 149 | 509 | 91.2% |
| Others | 84.2 | 72.3 | 40.9 | 35.4 | -25.1% |
| Total | 157 | 303 | 190 | 544 | 51.3% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Colombia in 2022:
- China (461.0K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Colombia
Exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds from Colombia shrank sharply to 4.4K units in 2022, waning by -49.3% compared with 2021 figures. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 96,900%. As a result, the exports attained the peak of 8.7K units, and then contracted significantly in the following year.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds contracted rapidly to $71K in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 355,390%. As a result, the exports reached the peak of $142K, and then declined markedly in the following year.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 0.1 | N/A | 91.8 | 49.0 | 688.4% |
| Ecuador | N/A | N/A | 39.4 | 16.6 | -57.9% |
| Costa Rica | N/A | N/A | 4.0 | 1.9 | -52.5% |
| Curacao | N/A | N/A | 0.4 | N/A | 0% |
| Others | N/A | N/A | 6.7 | 3.7 | -44.8% |
| Total | 0.1 | N/A | 142 | 71.1 | 792.5% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Colombia in 2022:
- Chile (3.6K units)
- Ecuador (0.6K units)
- Costa Rica (0.1K units)
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