Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Pakistan - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Pakistan (CIF) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Pakistan
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Pakistan (CIF) - 2022
In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $3.3 per unit, waning by -3.5% against the previous year. Over the period under review, the import price, however, recorded a temperate increase. The pace of growth was the most pronounced in 2015 an increase of 134%. Over the period under review, average import prices attained the maximum at $21 per unit in 2016; however, from 2017 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 the UK amounted to +51.0% per year.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Pakistan
Imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds into Pakistan dropped significantly to 612 units in 2022, falling by -92.1% against 2021. Overall, imports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 693%. As a result, imports reached the peak of 7.7K units, and then fell remarkably in the following year.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds shrank notably to $2K in 2022. In general, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 931%. As a result, imports reached the peak of $26K, and then contracted significantly in the following year.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.2 | 0.7 | 16.5 | 2.0 | -46.7% |
| Singapore | N/A | N/A | 9.7 | N/A | 0% |
| United Arab Emirates | 8.2 | 0.6 | N/A | N/A | -92.7% |
| Others | 1.0 | 1.2 | N/A | N/A | 20.0% |
| Total | 22.4 | 2.5 | 26.2 | 2.0 | -55.3% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Pakistan in 2022:
- China (612.0 units)
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