Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Mexico - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Mexico (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Mexico (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Mexico
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Mexico
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Mexico (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $2 per unit in 2022, reducing by -35.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 23% against the previous year. The import price peaked at $3.8 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($2.1 per unit), while the price for China amounted to $2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.0%).
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Mexico (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $35 per unit, growing by 8.1% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds decreased by -21.8% against 2014 indices. The most prominent rate of growth was recorded in 2014 an increase of 157% against the previous year. As a result, the export price attained the peak level of $45 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +12.4% per year.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Mexico
Imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds into Mexico soared to 92K units in 2022, growing by 30% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. Imports peaked at 273K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds declined rapidly to $185K in 2022. Overall, imports, however, continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, imports of attained the peak figure at $948K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 637 | 145 | 214 | 171 | -35.5% |
| Japan | 7.0 | 7.1 | N/A | 9.9 | 12.2% |
| Hong Kong SAR | 55.3 | 31.2 | N/A | N/A | -43.6% |
| Others | 249 | 5.8 | 6.2 | 4.9 | -73.0% |
| Total | 948 | 189 | 220 | 185 | -42.0% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Mexico in 2022:
- China (87.4K units)
- Japan (4.8K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Mexico
After two years of decline, shipments abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds increased by 480% to 29 units in 2022. In general, exports, however, recorded a dramatic shrinkage. The exports peaked at 72 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds surged to $1K in 2022. Over the period under review, exports, however, saw a precipitous setback. Over the period under review, the exports of attained the maximum at $2.7K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.7 | 1.9 | 0.2 | 1.0 | -28.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.7 | 1.9 | 0.2 | 1.0 | -28.2% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Mexico in 2022:
- United States (29.0 units)
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