Price for Watch Cases and Parts Thereof in Guatemala - 2023
Contents:
- Price for Watch Cases and Parts Thereof in Guatemala (CIF) - 2022
- Imports of Watch Cases and Parts Thereof in Guatemala
Price for Watch Cases and Parts Thereof in Guatemala (CIF) - 2022
The average import price for watch cases and parts thereoves stood at $19 per unit in 2022, waning by -54.9% against the previous year. Overall, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 295%. As a result, import price reached the peak level of $66 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($67 per unit), while the price for China ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%).
Imports of Watch Cases and Parts Thereof in Guatemala
In 2022, purchases abroad of watch cases and parts thereoves decreased by -21.3% to 1.1K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 844%. As a result, imports reached the peak of 1.3K units, and then plummeted in the following year.
In value terms, watch cases and parts thereof imports declined markedly to $20K in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 859%. As a result, imports reached the peak of $57K, and then dropped rapidly in the following year.
| Import of Watch Cases and Parts Thereof in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 1.0 | 9.9 | 9.7 | 211.4% |
| United States | 0.5 | 0.6 | 19.3 | 5.7 | 125.1% |
| Vietnam | N/A | N/A | N/A | 2.4 | 0% |
| Japan | 0.6 | 0.7 | 7.7 | N/A | 258.2% |
| Honduras | N/A | N/A | 1.9 | N/A | 0% |
| Others | 1.9 | 3.6 | 17.8 | 2.3 | 6.6% |
| Total | 2.9 | 5.9 | 56.7 | 20.1 | 90.7% |
Top Suppliers of Watch Cases and Parts Thereof to Guatemala in 2022:
- China (642.0 units)
- United States (353.0 units)
- Vietnam (36.0 units)
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