Price for Watch Movements; Complete and Assembled in Pakistan - 2023
Contents:
- Price for Watch Movements; Complete and Assembled in Pakistan (CIF) - 2022
- Price for Watch Movements; Complete and Assembled in Pakistan (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled in Pakistan
- Exports of Watch Movements; Complete and Assembled in Pakistan
Price for Watch Movements; Complete and Assembled in Pakistan (CIF) - 2022
The average import price for watch movements; complete and assembleds stood at $2.5 per unit in 2022, rising by 12% against the previous year. In general, the import price posted a tangible expansion. The pace of growth appeared the most rapid in 2016 an increase of 50% against the previous year. Over the period under review, average import prices attained the peak figure at $3.6 per unit in 2019; however, from 2020 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 UK ($4.7 per unit), while the price for China ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Movements; Complete and Assembled in Pakistan (FOB) - 2022
In 2022, the average export price for watch movements; complete and assembleds amounted to $5.2 per unit, waning by -21.8% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2020 an increase of 200%. Over the period under review, the average export prices attained the peak figure at $35 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($16 per unit), while the average price for exports to the UK ($2.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-7.0%).
Imports of Watch Movements; Complete and Assembled in Pakistan
In 2022, supplies from abroad of watch movements; complete and assembleds was finally on the rise to reach 15K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. Imports peaked at 18K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, watch movements; complete and assembled imports surged to $36K in 2022. Overall, imports, however, showed a deep setback. Over the period under review, imports reached the peak figure at $64K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Watch Movements; Complete and Assembled in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 30.1 | 22.8 | 14.0 | 34.1 | 4.2% |
| United Kingdom | 3.9 | 3.1 | N/A | 1.7 | -24.2% |
| China | 5.1 | 1.1 | 0.2 | 0.2 | -66.0% |
| Others | 24.3 | 0.3 | 0.1 | 0.1 | -84.0% |
| Total | 63.5 | 27.3 | 14.3 | 36.0 | -17.2% |
Top Suppliers of Watch Movements; Complete and Assembled to Pakistan in 2022:
- Hong Kong SAR (14.1K units)
- United Kingdom (0.4K units)
- China (0.2K units)
Exports of Watch Movements; Complete and Assembled in Pakistan
In 2022, the amount of watch movements; complete and assembleds exported from Pakistan was estimated at 516 units, growing by 12% on the previous year. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 291%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, watch movements; complete and assembled exports fell to $2.7K in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.2% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $3.1K, and then reduced in the following year.
| Export of Watch Movements; Complete and Assembled in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 1.4 | 0% |
| United Kingdom | 1.6 | 0.4 | 1.2 | 1.0 | -14.5% |
| New Zealand | N/A | N/A | 0.6 | N/A | 0% |
| Others | 0.1 | 1.9 | 1.2 | 0.3 | 44.2% |
| Total | 1.7 | 2.3 | 3.1 | 2.7 | 16.7% |
Top Export Markets for Watch Movements; Complete and Assembled from Pakistan in 2022:
- United Kingdom (389.0 units)
- United States (115.0 units)
331
This report provides an in-depth analysis of the assembled watch movements market in Pakistan.
393
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
331
This report provides an in-depth analysis of the assembled watch movements market in Pakistan.
393
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
Nothing found. Please try again.
