Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kazakhstan - 2022

Contents:

  1. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kazakhstan (CIF) - 2022
  2. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kazakhstan (FOB) - 2022
  3. Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kazakhstan
  4. Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kazakhstan

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kazakhstan (CIF) - 2022

In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $6.3 per unit, falling by -35.1% against the previous year. Over the period under review, the import price recorded a deep slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 193%. Over the period under review, average import prices reached the peak figure at $16 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Switzerland ($22 per unit), while the price for Russia ($4.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kazakhstan (FOB) - 2022

In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $7.9 per unit, picking up by 7% against the previous year. Overall, the export price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 211%. As a result, the export price attained the peak level of $33 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +57.7% per year.

Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kazakhstan

In 2022, purchases abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds increased by 105% to 13K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a sharp descent. Imports peaked at 26K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds surged to $82K in 2022. Overall, imports, however, faced a deep slump. Over the period under review, imports of hit record highs at $122K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China66.20.12.167.40.6%
Switzerland4.58.76.87.317.5%
Russia6.98.212.95.8-5.6%
Finland15.144.419.6N/A13.9%
Kyrgyzstan19.0N/AN/AN/A0%
Others10.831.520.41.8-45.0%
Total12292.961.882.3-12.3%

Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Kazakhstan in 2022:

  1. China (11.4K units)
  2. Russia (1.3K units)
  3. Switzerland (0.3K units)

Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kazakhstan

In 2022, approx. 77 units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were exported from Kazakhstan; which is down by -90.3% compared with the previous year. Overall, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 8,700% against the previous year. As a result, the exports reached the peak of 792 units, and then fell markedly in the following year.

In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds fell rapidly to $609 in 2022. In general, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 10,354% against the previous year. As a result, the exports attained the peak of $5.9K, and then dropped rapidly in the following year.

Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A0.30.6100.0%
FranceN/AN/A5.5N/A0%
Switzerland1.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.70.15.90.6-29.3%

Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Kazakhstan in 2022:

  1. Russia (77.0 units)

Source: IndexBox Market Intelligence Platform

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