Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Uruguay - 2023

Contents:

  1. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Uruguay (CIF) - 2022
  2. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Uruguay (FOB) - 2022
  3. Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Uruguay
  4. Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Uruguay

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Uruguay (CIF) - 2022

The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $2.9 per unit in 2022, declining by -7.2% against the previous year. Over the period under review, the import price, however, posted resilient growth. The growth pace was the most rapid in 2021 when the average import price increased by 66% against the previous year. The import price peaked at $3.6 per unit in 2015; however, from 2016 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 China amounted to +12.1% per year.

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Uruguay (FOB) - 2022

In 2020, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $2,519 per unit, rising by 460% against the previous year. Overall, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2019 an increase of 1,054% against the previous year. Over the period under review, the average export prices hit record highs in 2020 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,500 per unit), while the average price for exports to Germany stood at $29 per unit.

From 2017 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-2.7%).

Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Uruguay

Imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds into Uruguay surged to 12K units in 2022, growing by 203% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a deep downturn. Imports peaked at 33K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds surged to $36K in 2022. Overall, imports posted a resilient expansion. Imports peaked at $61K in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.041.43.832.933.0%
Chile7.2N/AN/AN/A0%
Argentina4.59.04.3N/A-2.2%
Others4.911.04.52.6-19.0%
Total30.661.412.635.55.1%

Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Uruguay in 2022:

  1. China (12.0K units)

Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Uruguay

In 2020, approx. 3 units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were exported from Uruguay; increasing by 50% on the previous year. Over the period under review, total exports indicated a significant expansion from 2019 to 2020: its volume increased at an average annual rate of +50.0% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds soared to $7.6K in 2020. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Uruguay (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
United StatesN/A7.50%
GermanyN/A0.10%
Panama0.9N/A0%
OthersN/AN/A0%
Total0.97.6744.4%

Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Uruguay in 2022:

  1. Germany (2.0 units)
  2. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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