Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kenya - 2022
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kenya (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kenya (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kenya
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kenya
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kenya (CIF) - 2022
In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $446 per unit, which is down by -50.3% against the previous year. Over the period under review, the import price saw a perceptible setback. The pace of growth was the most pronounced in 2015 an increase of 118% against the previous year. The import price peaked at $2,217 per unit in 2016; however, from 2017 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 the United Arab Emirates ($2,776 per unit), while the price for South Africa ($3.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+3,779.4%), 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 Kenya (FOB) - 2022
The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $1,012 per unit in 2022, with an increase of 145% against the previous year. In general, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1,352%. Over the period under review, the average export prices hit record highs at $1,524 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($1,672 per unit), while the average price for exports to Botswana ($143 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+3,201.1%), 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 Kenya
In 2022, purchases abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings increased by 81% to 280 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a dramatic contraction. Over the period under review, imports of reached the maximum at 857 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 to $125K in 2022. Over the period under review, imports, however, saw a precipitous contraction. Over the period under review, imports of attained the peak figure at $704K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 93.4 | 56.3 | N/A | 68.3 | -9.9% |
| Switzerland | 573 | 119 | 113 | 45.1 | -57.1% |
| Hong Kong SAR | N/A | N/A | N/A | 1.6 | 0% |
| United States | N/A | N/A | N/A | 1.2 | 0% |
| South Africa | N/A | N/A | N/A | 0.4 | 0% |
| United Kingdom | 2.6 | 15.6 | N/A | 0.4 | -46.4% |
| Thailand | 24.1 | N/A | N/A | N/A | 0% |
| Germany | 2.5 | 0.2 | 1.0 | N/A | -36.8% |
| Others | 8.4 | 21.5 | 25.0 | 7.9 | -2.0% |
| Total | 704 | 212 | 139 | 125 | -43.8% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Kenya in 2022:
- South Africa (107.0 units)
- China (65.0 units)
- Switzerland (50.0 units)
- Hong Kong SAR (32.0 units)
- United States (12.0 units)
- United Kingdom (4.0 units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kenya
In 2022, overseas shipments of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings decreased by -79.6% to 28 units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 2,640% against the previous year. As a result, the exports attained the peak of 137 units, and then contracted significantly in the following year.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings declined markedly to $28K in 2022. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 39,693% against the previous year. As a result, the exports attained the peak of $57K, and then fell dramatically in the following year.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| South Africa | N/A | N/A | 20.8 | 0% | |
| Switzerland | N/A | 5.0 | 5.0 | 0.0% | |
| Rwanda | N/A | N/A | 2.4 | 0% | |
| Botswana | N/A | N/A | 0.1 | 0% | |
| Cote d'Ivoire | N/A | N/A | N/A | 0% | |
| Portugal | N/A | 51.5 | N/A | 0% | |
| Others | 0.1 | N/A | N/A | 0% | |
| Total | 0.1 | 56.5 | 28.3 | 1582.3% | |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Kenya in 2022:
- South Africa (21.0 units)
- Switzerland (3.0 units)
- Rwanda (3.0 units)
- Botswana (1.0 units)
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