Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Panama - 2023
Contents:
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Panama (CIF) - 2022
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Panama (FOB) - 2022
- Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Panama
- Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Panama
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Panama (CIF) - 2022
In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $27 per unit, rising by 5.4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 6.6% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($64 per unit), while the price for Switzerland ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Panama (FOB) - 2022
The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $1,260 per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2013 an increase of 224% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($2,503 per unit), while the average price for exports to Costa Rica stood at $17 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+61.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Panama
Imports of watch cases; of base metal, whether or not gold-plated or silver-plated into Panama shrank to 91 units in 2022, waning by -5.2% compared with the year before. In general, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 153%. Imports peaked at 429 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated dropped modestly to $2.4K in 2022. Over the period under review, imports faced a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 169% against the previous year. Over the period under review, imports of reached the maximum at $10K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 6.9 | 0.9 | N/A | 1.0 | -47.5% |
| China | 1.4 | N/A | 0.2 | 0.6 | -24.6% |
| Switzerland | 0.8 | N/A | 1.6 | 0.5 | -14.5% |
| United States | 1.1 | N/A | 0.6 | 0.4 | -28.6% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 10.3 | 0.9 | 2.4 | 2.4 | -38.5% |
Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to Panama in 2022:
- Free Zones (50.0 units)
- Switzerland (25.0 units)
- China (10.0 units)
- United States (6.0 units)
Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Panama
In 2022, shipments abroad of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by 0% to 2 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a dramatic shrinkage. The smallest decline of 99.9% was in 2020. The exports peaked at 37 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated totaled $2.5K in 2022. Overall, exports enjoyed a resilient increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | N/A | 2.5 | 0% |
| Ecuador | 0.1 | N/A | N/A | N/A | 0% |
| Hong Kong SAR | 2.0 | N/A | N/A | N/A | 0% |
| Costa Rica | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.1 | N/A | N/A | 2.5 | 6.0% |
Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from Panama in 2022:
- Switzerland (1.0 units)
- Costa Rica (1.0 units)
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