Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Chile - 2024

Contents:

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

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

The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $70 per unit in 2022, picking up by 78% against the previous year. Overall, the import price, however, recorded a slight contraction. The import price peaked at $175 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 Switzerland ($2,078 per unit), while the price for China ($19 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 (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $4,242 per unit, declining by -11.8% against the previous year. Over the period under review, the export price, however, posted temperate growth. The most prominent rate of growth was recorded in 2020 an increase of 57% against the previous year. As a result, the export price attained the peak level of $5,852 per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($6,570 per unit), while the average price for exports to Peru ($216 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 (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings, when their volume decreased by -47.9% to 196K units. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 152%. As a result, imports attained the peak of 376K units, and then fell dramatically in the following year.

In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings declined to $14M in 2022. Over the period under review, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 159%. As a result, imports reached the peak of $15M, and then reduced in the following year.

Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland6.33.47.79.113.0%
China0.61.34.73.376.5%
United States0.60.61.50.810.1%
Hong Kong SAR0.80.10.20.1-50.0%
RomaniaN/AN/AN/AN/A0%
Others0.40.20.70.40.0%
Total8.65.714.713.716.8%

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

  1. China (175.3K units)
  2. United States (8.8K units)
  3. Switzerland (4.4K units)
  4. Hong Kong SAR (0.9K units)

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

Exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings from Chile reduced remarkably to 149 units in 2022, shrinking by -30.4% on the previous year's figure. In general, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 146% against the previous year. The exports peaked at 852 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings declined significantly to $632K in 2022. Over the period under review, exports recorded a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 102%. The exports peaked at $3.2M 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 Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States28936865848919.2%
Hong Kong SAR93638.011274.8-56.9%
Switzerland1,05560.717132.9-68.5%
Argentina20515.415.0N/A-72.9%
Singapore19822.9N/AN/A-88.4%
Others4843.972.735.1-58.3%
Total3,1675091,029632-41.6%

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

  1. United States (120.0 units)
  2. Hong Kong SAR (19.0 units)
  3. Switzerland (5.0 units)

Source: IndexBox Market Intelligence Platform

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