Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Guatemala - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Guatemala (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Guatemala (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Guatemala
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Guatemala
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Guatemala (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $2,000 per unit in 2022, surging by 85% against the previous year. Over the period under review, the import price saw a buoyant increase. The import price peaked at $2,009 per unit in 2019; afterwards, it flattened through to 2022.
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 ($3,084 per unit), while the price for Italy ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+30.0%), 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 Guatemala (FOB) - 2022
The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $7 per unit in 2022, with a decrease of -87.4% against the previous year. Overall, the export price showed a sharp slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 986%. Over the period under review, the average export prices attained the maximum at $1,827 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Honduras.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +83.0% per year.
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Guatemala
After three years of growth, purchases abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings decreased by -31.3% to 1.6K units in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 125% against the previous year. As a result, imports attained the peak of 2.3K units, and then fell markedly in the following year.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings surged to $3.2M in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 281 | 69.4 | 1,237 | 2,927 | 118.4% |
| China | 0.3 | 0.6 | 26.3 | 172 | 730.7% |
| Japan | N/A | 0.1 | 70.8 | 36.9 | 1820.9% |
| Thailand | N/A | N/A | 5.1 | 19.2 | 276.5% |
| United States | 1,239 | 1,158 | 782 | 6.0 | -83.1% |
| Panama | 177 | 408 | 354 | N/A | 41.4% |
| Poland | N/A | N/A | 0.1 | N/A | 0% |
| Others | 73.1 | 69.4 | 22.5 | 5.2 | -58.6% |
| Total | 1,770 | 1,706 | 2,499 | 3,166 | 21.4% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Guatemala in 2022:
- Switzerland (949.0 units)
- China (364.0 units)
- Japan (162.0 units)
- Thailand (85.0 units)
- United States (6.0 units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Guatemala
In 2022, after three years of growth, there was significant decline in shipments abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings, when their volume decreased by -88.9% to 1 units. Over the period under review, exports showed a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 13%. As a result, the exports attained the peak of 9 units, and then declined dramatically in the following year.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings dropped sharply to $7 in 2022. Overall, exports faced a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 1,122%. Over the period under review, the exports of reached the peak figure at $1.3K 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 Guatemala (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 13.0 | 1.0 | 1.0 | 7.0 | -18.6% |
| Spain | N/A | N/A | 3.0 | N/A | 0% |
| Nicaragua | 9.0 | 1.0 | 3.0 | N/A | -42.3% |
| Switzerland | 796 | 17.0 | 250 | N/A | -44.0% |
| United States | 430 | 17.0 | 230 | N/A | -26.9% |
| Costa Rica | 1.0 | 1.0 | 1.0 | N/A | 0.0% |
| Panama | 8.0 | 1.0 | 3.0 | N/A | -38.8% |
| El Salvador | 1.0 | 1.0 | 1.0 | N/A | 0.0% |
| Belize | 6.0 | 1.0 | 9.0 | N/A | 22.5% |
| Others | N/A | 1.0 | N/A | N/A | 0% |
| Total | 1,264 | 41.0 | 501 | 7.0 | -82.3% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Guatemala in 2022:
- Honduras (1.0 units)
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