Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Dominican Republic - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Dominican Republic (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Dominican Republic (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Dominican Republic
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Dominican Republic
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Dominican Republic (CIF) - 2022
In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $5.3 per unit, waning by -41.6% against the previous year. Over the period under review, the import price showed a drastic downturn. The pace of growth appeared the most rapid in 2020 an increase of 46%. Over the period under review, average import prices reached the maximum at $22 per unit in 2017; however, from 2018 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 the United States ($18 per unit), while the price for Japan ($4.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+29.5%), 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 the Dominican Republic (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $250 per unit in 2022, leveling off at the previous year. Over the period under review, the export price showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $500 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +8.0% per year.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Dominican Republic
In 2022, the amount of pocket watches and other watches, including stop-watches; battery or accumulator powereds imported into the Dominican Republic dropped markedly to 1.7K units, with a decrease of -63.6% against 2021 figures. In general, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1,436% against the previous year. As a result, imports reached the peak of 4.7K units, and then dropped dramatically in the following year.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds fell markedly to $9.2K in 2022. Over the period under review, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 633%. Imports peaked at $54K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.3 | 0.2 | 1.0 | 5.5 | 163.7% |
| China | 33.1 | 1.0 | 25.3 | 2.3 | -58.9% |
| United States | 5.7 | 0.2 | 0.5 | 1.4 | -37.4% |
| Spain | 3.8 | 0.8 | 2.3 | N/A | -22.2% |
| Switzerland | 0.8 | 0.2 | 0.6 | N/A | -13.4% |
| Others | 10.1 | 3.5 | 13.4 | N/A | 15.2% |
| Total | 53.7 | 5.9 | 43.0 | 9.2 | -44.5% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to the Dominican Republic in 2022:
- Japan (1292.0 units)
- China (344.0 units)
- United States (82.0 units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Dominican Republic
Exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds from the Dominican Republic amounted to 1 units in 2022, standing approx. at 2021. Over the period under review, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $250 in 2022. Overall, exports saw a dramatic slump. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the maximum at $500 in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 500 | N/A | 250 | -29.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 500 | N/A | 250 | -29.3% | |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from the Dominican Republic in 2022:
- United States (1.0 units)
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