Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Panama - 2022
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Panama (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Panama (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Panama
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Panama
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Panama (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $20 per unit in 2022, leveling off at the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds increased by +54.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 49%. The import price peaked at $25 per unit in 2014; however, from 2015 to 2022, 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 ($62 per unit), while the price for China ($3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Panama (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $54 per unit in 2022, standing approx. at the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 41% against the previous year. As a result, the export price attained the peak level of $64 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($181 per unit), while the average price for exports to Costa Rica ($19 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 El Salvador (+15.7%), 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 Panama
In 2022, approx. 39K units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were imported into Panama; increasing by 28% on 2021 figures. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 2,562% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds skyrocketed to $788K in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,629% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 0.6 | 0.6 | 266 | 781 | 991.9% |
| China | 26.9 | N/A | 0.3 | 3.6 | -48.8% |
| Japan | 94.7 | 17.6 | 272 | N/A | 69.5% |
| Germany | 22.7 | 2.6 | 43.7 | N/A | 38.7% |
| Others | 15.4 | 1.6 | 29.4 | 3.6 | -38.4% |
| Total | 160 | 22.4 | 611 | 788 | 70.1% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Panama in 2022:
- Free Zones (37.6K units)
- China (1.2K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Panama
For the third consecutive year, Panama recorded decline in overseas shipments of pocket watches and other watches, including stop-watches; battery or accumulator powereds, which decreased by 0% to 816 units in 2022. In general, exports faced a sharp slump. The smallest decline of -85.9% was in 2020. Over the period under review, the exports of attained the peak figure at 11K 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 stood at $44K in 2022. Over the period under review, exports continue to indicate a dramatic downturn. The smallest decline of -83.5% was in 2020. The exports peaked at $534K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 35.4 | 35.7 | N/A | 13.5 | -27.5% |
| Mexico | 46.4 | 15.2 | N/A | 5.9 | -49.7% |
| Colombia | 20.1 | 6.9 | N/A | 2.9 | -47.6% |
| Trinidad and Tobago | 14.6 | 8.4 | N/A | 2.7 | -43.0% |
| Guatemala | 10.8 | 0.1 | N/A | 2.4 | -39.4% |
| Spain | 25.5 | 0.7 | N/A | 1.8 | -58.7% |
| Ecuador | 22.8 | 6.1 | N/A | 1.6 | -58.8% |
| Free Zones | 156 | N/A | N/A | N/A | 0% |
| Brazil | 69.8 | N/A | N/A | N/A | 0% |
| Others | 132 | 14.8 | N/A | 13.2 | -53.6% |
| Total | 534 | 87.9 | N/A | 44.0 | -56.5% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Panama in 2022:
- Chile (461.0 units)
- Mexico (104.0 units)
- Trinidad and Tobago (47.0 units)
- Guatemala (42.0 units)
- Colombia (38.0 units)
- Spain (33.0 units)
- Ecuador (28.0 units)
164
This report provides an in-depth analysis of the market for plastic or non-precious metal watch in Panama.
147
This report provides an in-depth analysis of the watch market in Panama.
120
This report provides an in-depth analysis of the propylene oxide market in Panama.
126
This report provides an in-depth analysis of the market for spices except pepper or ginger in Panama.
223
This report provides an in-depth analysis of the global market for plastic or non-precious metal watch.
2641
This report provides an in-depth analysis of the global watch market.
936
This report provides an in-depth analysis of the global propylene oxide market.
74
This report provides an in-depth analysis of the global market for spices except pepper or ginger.
164
This report provides an in-depth analysis of the market for plastic or non-precious metal watch in Panama.
223
This report provides an in-depth analysis of the global market for plastic or non-precious metal watch.
255
Explore the top import markets for plastic or non-precious metal watches in the world. Discover key statistics and import values of these markets. Learn how the demand for affordable and stylish watches drives the global import market.
350
Explore the top import markets for watches worldwide, including Hong Kong SAR, the United States, China, France, Germany, Japan, Singapore, Switzerland, the United Kingdom, and the United Arab Emirates. Discover key statistics and market insights.
1720
The continued rise in popularity of smartwatches is having a major impact on the watch market.
3106
In value terms, wrist-watches, pocket-watches, stop-watches and other watches imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value decre...
879
In value terms, watch movements imports totaled $X in 2016. Overall, watch movements imports continue to indicate a relatively flat trend pattern. Global watch movements import peaked of $X in X>
789
In value terms, complete, unassembled watch and clock movements imports stood at $X in 2016. Overall, it indicated a temperate expansion from 2007 to 2016: the total imports value increased at an a...
697
In value terms, watch cases and parts thereof imports totaled $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports value increased at an average annual rate ...
634
In value terms, watch straps, watch bands, watch bracelets and parts thereof imports totaled $X in 2016. Overall, it indicated a remarkable expansion from 2007 to 2016: the total imports value decrea...
685
In value terms, wrist-watches, pocket-watches, stop-watches and other watches exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value decreased a...
740
In value terms, watch movements exports stood at $X in 2016. Overall, it indicated a conspicuous growth from 2007 to 2016: the total exports value decreased at an average annual rate of -X% over ...
