Price for Watch Cases and Parts Thereof in Uruguay - 2021

Contents:

1. Price for Watch Cases and Parts Thereof in Uruguay (CIF) - 2022
2. Price for Watch Cases and Parts Thereof in Uruguay (FOB) - 2022
3. Imports of Watch Cases and Parts Thereof in Uruguay
4. Exports of Watch Cases and Parts Thereof in Uruguay

Price for Watch Cases and Parts Thereof in Uruguay (CIF) - 2022

The average import price for watch cases and parts thereoves stood at $6.2 per unit in 2022, dropping by -62.3% against the previous year. Overall, the import price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 an increase of 88% against the previous year. Over the period under review, average import prices reached the maximum at $23 per unit in 2013; however, from 2014 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 the United States ($148 per unit), while the price for China ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+32.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Watch Cases and Parts Thereof in Uruguay (FOB) - 2022

In 2022, the average export price for watch cases and parts thereoves amounted to $5,470 per unit, remaining relatively unchanged against the previous year. In general, the export price enjoyed significant growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 5.5%. The export price peaked in 2022 and is expected to retain growth in years to come.

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

From 2015 to 2022, the rate of growth in terms of prices for the United States amounted to +193.7% per year.

Imports of Watch Cases and Parts Thereof in Uruguay

In 2022, overseas purchases of watch cases and parts thereoves were finally on the rise to reach 403 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt setback. Over the period under review, imports reached the maximum at 691 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, watch cases and parts thereof imports surged to $2.5K in 2022. Over the period under review, imports, however, saw a abrupt curtailment. Over the period under review, imports hit record highs at $4.8K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Watch Cases and Parts Thereof to Uruguay in 2022:

1. China (378.0 units)
2. Switzerland (11.0 units)
3. United States (7.0 units)
4. Japan (7.0 units)

Exports of Watch Cases and Parts Thereof in Uruguay

In 2022, overseas shipments of watch cases and parts thereoves decreased by 0% to 6 units, falling for the second consecutive year after two years of growth. Overall, exports faced a significant decline. The growth pace was the most rapid in 2020 when exports increased by 392% against the previous year. As a result, the exports attained the peak of 64 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, watch cases and parts thereof exports stood at $35K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 419% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Watch Cases and Parts Thereof from Uruguay in 2022:

1. United States (6.0 units)

Source: IndexBox Market Intelligence Platform