Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Russia - 2022
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Russia (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Russia (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Russia
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Russia
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Russia (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $2.1 per unit in 2022, which is down by -32.5% against the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 151%. The import price peaked at $12 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Belarus amounted to -2.7% per year.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Russia (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $31 per unit in 2022, growing by 38% against the previous year. Overall, the export price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 262% against the previous year. As a result, the export price attained the peak level of $54 per unit. From 2018 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($23 per unit), while the average price for exports to Kyrgyzstan totaled $5.6 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-7.7%), while the prices for the other major destinations experienced a decline.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Russia
In 2022, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds into Russia skyrocketed to 162K units, rising by 38% against the previous year. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +26.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 86%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds reduced to $342K in 2022. Overall, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, imports attained the peak of $463K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 160 | 291 | 201 | 309 | 24.5% |
Germany | 34.9 | 39.1 | 29.1 | 17.4 | -20.7% |
Others | 205 | 132 | 137 | 16.0 | -57.3% |
Total | 400 | 463 | 367 | 342 | -5.1% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Russia in 2022:
- China (160.6K units)
- Germany (1.0K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Russia
After three years of growth, shipments abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds decreased by -88.8% to 322 units in 2022. In general, exports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 114%. As a result, the exports reached the peak of 2.9K units, and then fell dramatically in the following year.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds shrank markedly to $9.9K in 2022. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 183% against the previous year. As a result, the exports attained the peak of $64K, and then dropped dramatically in the following year.
Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 7.4 | 3.9 | 17.6 | 5.8 | -7.8% |
Latvia | N/A | 2.2 | 6.2 | 1.7 | -12.1% |
Kyrgyzstan | 0.2 | 8.4 | 0.3 | 0.3 | 14.5% |
Belarus | 10.4 | 3.3 | 15.1 | N/A | 20.5% |
Canada | N/A | N/A | 22.6 | N/A | 0% |
Others | 0.6 | 4.8 | 2.2 | 2.2 | 54.2% |
Total | 18.6 | 22.6 | 64.0 | 9.9 | -19.0% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Russia in 2022:
- Kazakhstan (255.0 units)
- Kyrgyzstan (59.0 units)
- Latvia (2.0 units)
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