Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Uruguay - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Uruguay (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Uruguay (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Uruguay
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Uruguay
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Uruguay (CIF) - 2022
In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $277 per unit, rising by 11% against the previous year. Overall, the import price, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2014 an increase of 87%. The import price peaked at $415 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($1,862 per unit), while the price for South Korea ($2.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+7.6%), 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 Uruguay (FOB) - 2022
In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $1,850 per unit, increasing by 22% against the previous year. Overall, the export price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2019 an increase of 163% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,200 per unit), while the average price for exports to the UK amounted to $1,500 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Uruguay
For the third year in a row, Uruguay recorded decline in supplies from abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings, which decreased by -94.5% to 3.6K units in 2022. Overall, imports recorded a precipitous shrinkage. The smallest decline of -6.1% was in 2020. Imports peaked at 97K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings reduced remarkably to $1M in 2022. Over the period under review, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 15%. Imports peaked at $16M in 2021, and then declined notably in the following year.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1.7 | 1.8 | 2.6 | 0.9 | -19.1% |
| Hong Kong SAR | N/A | 0.1 | 0.3 | 0.1 | 0.0% |
| South Korea | N/A | N/A | N/A | N/A | 0% |
| Argentina | 9.9 | 12.0 | 12.6 | N/A | 12.8% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| China | 0.6 | 0.6 | 0.7 | N/A | 8.0% |
| Others | 0.5 | 0.2 | 0.2 | N/A | -36.8% |
| Total | 12.7 | 14.7 | 16.4 | 1.0 | -57.1% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Uruguay in 2022:
- Hong Kong SAR (2743.0 units)
- Switzerland (465.0 units)
- South Korea (180.0 units)
- China (96.0 units)
- Japan (89.0 units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Uruguay
In 2022, overseas shipments of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings decreased by -93.1% to 2 units, falling for the second year in a row after two years of growth. Over the period under review, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 41%. As a result, the exports reached the peak of 31 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings fell markedly to $3.7K in 2022. In general, exports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 76% against the previous year. The exports peaked at $44K in 2021, and then declined dramatically in the following year.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.3 | 1.7 | 1.0 | 2.2 | 94.3% |
| United Kingdom | N/A | 0.1 | N/A | 1.5 | 287.3% |
| Hong Kong SAR | 19.7 | 31.5 | 42.3 | N/A | 46.5% |
| Switzerland | 1.1 | 3.5 | 0.3 | N/A | -47.8% |
| Chile | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Austria | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Others | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Total | 21.2 | 37.2 | 43.9 | 3.7 | -44.1% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Uruguay in 2022:
- United States (1.0 units)
- United Kingdom (1.0 units)
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