Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Thailand - 2024
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Thailand (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Thailand (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Thailand
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Thailand
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Thailand (CIF) - 2022
In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $5.3 per unit, with a decrease of -7.7% against the previous year. In general, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2013 an increase of 36%. As a result, import price reached the peak level of $30 per unit. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($57 per unit), while the price for Norway ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.1%), 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 Thailand (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $13 per unit in 2022, surging by 17% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 112%. As a result, the export price reached the peak level of $30 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($91 per unit), while the average price for exports to Japan stood at $8.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Thailand
In 2022, supplies from abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds decreased by -14.9% to 72K units, falling for the second consecutive year after two years of growth. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 239% against the previous year. As a result, imports attained the peak of 94K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds declined dramatically to $378K in 2022. Over the period under review, imports, however, posted a noticeable increase. The pace of growth appeared the most rapid in 2020 with an increase of 180%. As a result, imports attained the peak of $933K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 238 | 343 | 414 | 273 | 4.7% |
| Norway | N/A | N/A | N/A | 14.8 | 0% |
| India | 0.1 | 24.6 | 17.9 | 14.3 | 422.9% |
| Vietnam | N/A | 475 | 16.7 | N/A | -96.5% |
| Others | 95.7 | 90.2 | 32.8 | 76.5 | -7.2% |
| Total | 333 | 933 | 482 | 378 | 4.3% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Thailand in 2022:
- China (52.4K units)
- Norway (15.9K units)
- India (2.4K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Thailand
In 2022, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds from Thailand contracted slightly to 3.7K units, remaining constant against the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 7.7%. Over the period under review, the exports of hit record highs at 3.7K units in 2019; afterwards, it flattened through to 2022.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds surged to $49K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 29.5 | 29.2 | 27.7 | 29.2 | -0.3% |
| Lao People's Democratic Republic | 3.0 | 0.2 | 0.6 | 5.9 | 25.3% |
| Others | 2.6 | 2.0 | 13.7 | 13.8 | 74.4% |
| Total | 35.2 | 31.4 | 42.0 | 49.0 | 11.7% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Thailand in 2022:
- Japan (3.5K units)
- Lao People's Democratic Republic (0.1K units)
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