Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Guatemala - 2023

Contents:

  1. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Guatemala (CIF) - 2022
  2. Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Guatemala

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Guatemala (CIF) - 2022

In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $7.5 per unit, shrinking by -72.6% against the previous year. In general, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 47% against the previous year. The import price peaked at $29 per unit in 2020; however, from 2021 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 Mexico ($11 per unit), while the price for China totaled $7.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Guatemala

In 2022, after three years of growth, there was significant decline in purchases abroad of watch cases; of base metal, whether or not gold-plated or silver-plated, when their volume decreased by -88.1% to 12 units. Over the period under review, imports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 189% against the previous year. As a result, imports attained the peak of 101 units, and then declined significantly in the following year.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated shrank remarkably to $90 in 2022. Overall, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 176% against the previous year. As a result, imports reached the peak of $2.8K, and then fell significantly in the following year.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.025.05.079.082.5%
Mexico1.01.01.011.0122.4%
Spain1.01.02.0N/A41.4%
Switzerland12.039.0148N/A251.2%
United States18.04.031.0N/A31.2%
Panama6769342,581N/A95.4%
OthersN/AN/AN/AN/A0%
Total7211,0042,76890.0-50.0%

Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to Guatemala in 2022:

  1. China (11.0 units)
  2. Mexico (1.0 units)

Source: IndexBox Market Intelligence Platform

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