Price for Watch Cases and Parts Thereof in Ethiopia - 2022
Contents:
- Price for Watch Cases and Parts Thereof in Ethiopia (CIF) - 2022
- Imports of Watch Cases and Parts Thereof in Ethiopia
Price for Watch Cases and Parts Thereof in Ethiopia (CIF) - 2022
The average import price for watch cases and parts thereoves stood at $6.7 per unit in 2022, waning by -8% against the previous year. In general, the import price showed a abrupt downturn. The pace of growth was the most pronounced in 2018 an increase of 2,560%. As a result, import price reached the peak level of $200 per unit. From 2019 to 2022, the average import prices remained at a somewhat 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 -15.9% per year.
Imports of Watch Cases and Parts Thereof in Ethiopia
In 2022, purchases abroad of watch cases and parts thereoves increased by 16% to 281 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a dramatic contraction. Over the period under review, imports hit record highs at 892 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, watch cases and parts thereof imports stood at $1.9K in 2022. In general, imports, however, recorded a significant decrease. Imports peaked at $6.8K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Watch Cases and Parts Thereof in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.8 | 4.1 | 1.8 | 1.9 | -34.6% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 6.8 | 4.1 | 1.8 | 1.9 | -34.6% |
Top Suppliers of Watch Cases and Parts Thereof to Ethiopia in 2022:
- China (281.0 units)
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