Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Pakistan - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Pakistan (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Pakistan (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Pakistan
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Pakistan
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Pakistan (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $76 per unit in 2022, with a decrease of -84.2% against the previous year. Over the period under review, the import price, however, recorded a significant expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 1,446%. Over the period under review, average import prices reached the maximum at $484 per unit in 2021, and then shrank sharply in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($79 per unit), while the price for China stood at $55 per unit.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by China (+65.2%), 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 Pakistan (FOB) - 2022
The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $2.8 per unit in 2022, approximately equating the previous year. In general, the export price recorded a sharp contraction. The pace of growth was the most pronounced in 2019 a decrease of -45.5%. Over the period under review, the average export prices reached the maximum at $233 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($2.9 per unit), while the average price for exports to Switzerland ($1 per unit) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-54.9%), while the prices for the other major destinations experienced a decline.
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Pakistan
After two years of decline, purchases abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings increased by 1,111% to 1.5K units in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings skyrocketed to $116K in 2022. In general, imports, however, saw a abrupt shrinkage. Over the period under review, imports of hit record highs at $142K 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 Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 14.8 | 2.0 | 1.3 | 106 | 92.8% |
| China | 19.3 | 3.0 | N/A | 9.3 | -21.6% |
| Hong Kong SAR | 2.6 | 0.5 | 1.5 | N/A | -24.0% |
| Germany | 53.7 | 11.0 | 22.0 | N/A | -36.0% |
| United Arab Emirates | 34.1 | 18.5 | 17.0 | N/A | -29.4% |
| Others | 17.3 | 16.0 | 18.7 | 0.3 | -74.1% |
| Total | 142 | 51.1 | 60.5 | 116 | -6.5% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Pakistan in 2022:
- Switzerland (1339.0 units)
- China (168.0 units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Pakistan
In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings exported from Pakistan amounted to 360 units, standing approx. at 2021 figures. In general, exports continue to indicate a dramatic downturn. The smallest decline of -76.7% was in 2020. The exports peaked at 730 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $1K in 2022. Over the period under review, exports saw a sharp contraction. The smallest decline of -97.8% was in 2020. The exports peaked at $93K 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 Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 43.3 | 1.2 | N/A | 1.0 | -71.5% |
| Japan | 23.4 | 0.4 | N/A | N/A | -98.3% |
| Switzerland | 6.1 | 0.4 | N/A | N/A | -93.4% |
| United Arab Emirates | 19.7 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 92.6 | 2.0 | N/A | 1.0 | -77.9% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Pakistan in 2022:
- Hong Kong SAR (330.0 units)
- Japan (15.0 units)
- United Arab Emirates (2.0 units)
- Switzerland (1.0 units)
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