Price for Watch Cases and Parts Thereof in Costa Rica - 2022
Contents:
- Price for Watch Cases and Parts Thereof in Costa Rica (CIF) - 2022
- Price for Watch Cases and Parts Thereof in Costa Rica (FOB) - 2022
- Imports of Watch Cases and Parts Thereof in Costa Rica
- Exports of Watch Cases and Parts Thereof in Costa Rica
Price for Watch Cases and Parts Thereof in Costa Rica (CIF) - 2022
In 2022, the average import price for watch cases and parts thereoves amounted to $87 per unit, increasing by 38% against the previous year. Overall, the import price showed buoyant growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 151% against the previous year. The import price peaked at $249 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
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 ($266 per unit), while the price for Hong Kong SAR ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+84.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Cases and Parts Thereof in Costa Rica (FOB) - 2022
The average export price for watch cases and parts thereoves stood at $70 per unit in 2022, flattening at the previous year. In general, the export price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 61%. As a result, the export price reached the peak level of $84 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($132 per unit), while the average price for exports to Panama totaled $56 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+38.3%).
Imports of Watch Cases and Parts Thereof in Costa Rica
In 2022, supplies from abroad of watch cases and parts thereoves was finally on the rise to reach 188 units after two years of decline. In general, imports, however, saw a deep contraction. Over the period under review, imports reached the maximum at 250 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, watch cases and parts thereof imports soared to $16K in 2022. Over the period under review, imports enjoyed perceptible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Watch Cases and Parts Thereof in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 0.1 | 0.6 | 2.5 | 9.2 | 351.4% |
| United States | 5.8 | 0.9 | 1.8 | 3.7 | -13.9% |
| Switzerland | 1.8 | 3.5 | 0.4 | 2.6 | 13.0% |
| Hong Kong SAR | 0.2 | 0.4 | 0.3 | 0.2 | 0.0% |
| China | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Bulgaria | 5.1 | N/A | N/A | N/A | 0% |
| Germany | 1.1 | N/A | N/A | N/A | 0% |
| Canada | N/A | 4.3 | N/A | N/A | 0% |
| Others | 0.3 | 0.3 | 0.2 | 0.5 | 18.6% |
| Total | 14.7 | 10.2 | 5.3 | 16.3 | 3.5% |
Top Suppliers of Watch Cases and Parts Thereof to Costa Rica in 2022:
- Panama (144.0 units)
- Switzerland (16.0 units)
- United States (14.0 units)
- Hong Kong SAR (8.0 units)
- China (3.0 units)
Exports of Watch Cases and Parts Thereof in Costa Rica
In 2022, the amount of watch cases and parts thereoves exported from Costa Rica contracted remarkably to 27 units, with a decrease of -40% on the year before. Overall, exports faced a precipitous setback. The smallest decline of -8.2% was in 2021. The exports peaked at 102 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, watch cases and parts thereof exports dropped dramatically to $1.9K in 2022. Over the period under review, exports continue to indicate a dramatic downturn. The smallest decline of -22.7% was in 2020. Over the period under review, the exports reached the maximum at $5.3K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Watch Cases and Parts Thereof in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 1.5 | 0.3 | 1.2 | 1.2 | -7.2% |
| Nicaragua | N/A | N/A | N/A | 0.7 | 0% |
| United States | 3.8 | 3.8 | 2.0 | N/A | -27.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.3 | 4.1 | 3.2 | 1.9 | -29.0% |
Top Export Markets for Watch Cases and Parts Thereof from Costa Rica in 2022:
- Panama (22.0 units)
- Nicaragua (5.0 units)
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