Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Argentina - 2023

Contents:

  1. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Argentina (CIF) - 2022
  2. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Argentina (FOB) - 2022
  3. Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Argentina
  4. Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Argentina

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Argentina (CIF) - 2022

In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $737 per unit, picking up by 21% against the previous year. Over the period under review, the import price, however, saw a noticeable setback. The import price peaked at $1,199 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Switzerland ($1,390 per unit), while the price for Japan ($41 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Argentina (FOB) - 2022

The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $1,458 per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a deep downturn. The growth pace was the most rapid in 2019 an increase of 1,554%. The export price peaked at $5,515 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($2,863 per unit), while the average price for exports to Peru ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+15.2%), while the prices for the other major destinations experienced a decline.

Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Argentina

In 2022, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into Argentina totaled 19K units, rising by 3.8% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings surged to $14M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland9.38.810.113.613.5%
China0.30.10.20.30.0%
JapanN/AN/A0.10.2100.0%
Hong Kong SAR0.10.10.10.10.0%
United States0.91.00.7N/A-11.8%
Others0.30.10.2N/A-18.4%
Total10.910.111.314.29.2%

Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Argentina in 2022:

  1. Switzerland (9.8K units)
  2. Japan (4.5K units)
  3. China (3.0K units)
  4. Hong Kong SAR (1.9K units)

Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Argentina

In 2022, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings from Argentina amounted to 97 units, stabilizing at the previous year. Overall, exports recorded a sharp decline. The smallest decline of -50.3% was in 2020. Over the period under review, the exports of reached the peak figure at 322 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $141K in 2022. In general, exports faced a sharp curtailment. The smallest decline of -71.3% was in 2020. Over the period under review, the exports of reached the peak figure at $985K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay559158N/A86.4-46.3%
United States23661.2N/A28.5-50.6%
Paraguay71.922.5N/A15.2-40.4%
Panama64.416.3N/A7.2-51.8%
Switzerland23.517.6N/A1.1-64.0%
Others31.07.7N/A3.0-54.1%
Total985283N/A141-47.7%

Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Argentina in 2022:

  1. Uruguay (32.0 units)
  2. Panama (24.0 units)
  3. United States (13.0 units)
  4. Paraguay (12.0 units)
  5. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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