Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Ecuador - 2022
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Ecuador (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Ecuador (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Ecuador
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Ecuador
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Ecuador (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $13 per unit in 2022, surging by 4.2% against the previous year. In general, the import price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 50%. Over the period under review, average import prices hit record highs at $28 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($25 per unit), while the price for Hong Kong SAR ($3.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.1%), while the prices for the other major suppliers experienced a decline.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Ecuador (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $106 per unit, waning by -23.5% against the previous year. Overall, the export price, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2015 an increase of 129%. The export price peaked at $139 per unit in 2021, and then dropped notably in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($106 per unit), while the average price for exports to Peru stood at $106 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+4.5%).
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Ecuador
In 2022, approx. 4.6K units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were imported into Ecuador; waning by -4.1% compared with the year before. In general, imports faced a dramatic curtailment. Imports peaked at 9.1K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds fell slightly to $60K in 2022. Over the period under review, imports continue to indicate a sharp contraction. Over the period under review, imports of attained the maximum at $174K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.0 | 39.8 | 31.5 | 54.0 | 34.9% |
| United States | 122 | 41.8 | 1.0 | 1.8 | -75.5% |
| Hong Kong SAR | 0.3 | 0.9 | 1.2 | 1.5 | 71.0% |
| Panama | 24.6 | 24.8 | 21.8 | N/A | -5.9% |
| Others | 5.8 | 5.0 | 4.9 | 3.1 | -18.8% |
| Total | 174 | 112 | 60.4 | 60.4 | -29.7% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Ecuador in 2022:
- China (4.1K units)
- Hong Kong SAR (0.5K units)
- United States (0.1K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Ecuador
In 2022, the amount of pocket watches and other watches, including stop-watches; battery or accumulator powereds exported from Ecuador stood at 268 units, approximately reflecting the year before. In general, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 551%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds declined markedly to $28K in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 615%. As a result, the exports reached the peak of $37K, and then shrank sharply in the following year.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | N/A | N/A | 4.8 | 15.3 | 218.8% |
| Peru | 1.9 | 5.2 | 30.7 | 13.1 | 90.3% |
| Others | N/A | N/A | 1.6 | N/A | 0% |
| Total | 1.9 | 5.2 | 37.0 | 28.4 | 146.3% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Ecuador in 2022:
- Colombia (144.0 units)
- Peru (124.0 units)
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