Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Morocco - 2022

Contents:

  1. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Morocco (FOB) - 2022
  2. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Morocco (CIF) - 2022
  3. Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Morocco
  4. Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Morocco

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Morocco (FOB) - 2022

Morocco has no trade partners to describe.

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Morocco (CIF) - 2022

The average import price for watches; complete movements, unassembled or partly assembled (movement sets) stood at $5.2 per unit in 2022, shrinking by -55.2% against the previous year. Overall, the import price showed a mild slump. The growth pace was the most rapid in 2017 an increase of 65% against the previous year. Over the period under review, average import prices reached the peak figure at $19 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +287.9% per year.

Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Morocco

Exports of watches; complete movements, unassembled or partly assembled (movement sets) from Morocco stood at 129 units in 2022, approximately mirroring the year before. In general, exports continue to indicate a dramatic descent. The smallest decline of -94.3% was in 2020. The exports peaked at 5.9K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of watches; complete movements, unassembled or partly assembled (movement sets) amounted to $9.2K in 2022. Over the period under review, exports faced a precipitous curtailment. The smallest decline of -94% was in 2020. Over the period under review, the exports of attained the maximum at $525K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Morocco (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France20865.0N/AN/A-68.8%
Others524,55731,536N/A9,225-74.0%
Total524,76531,601N/A9,225-74.0%

Top Export Markets for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) from Morocco in 2022:

    Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Morocco

    Imports of watches; complete movements, unassembled or partly assembled (movement sets) into Morocco skyrocketed to 1K units in 2022, rising by 28% against the year before. In general, imports, however, showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 58% against the previous year. Over the period under review, imports of hit record highs at 11K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

    In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) contracted dramatically to $5.3K in 2022. Over the period under review, imports, however, continue to indicate a sharp decline. The growth pace was the most rapid in 2021 when imports increased by 48%. Imports peaked at $212K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

    Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Morocco (Thousand USD)
    COUNTRY2019202020212022CAGR,
    2019-2022
    Switzerland15.73.22.15.3-30.4%
    China1882.04.4N/A-84.7%
    Others8.21.02.8N/A-41.6%
    Total2126.29.35.3-70.8%

    Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Morocco in 2022:

    1. Switzerland (1.0K units)

    Source: IndexBox Market Intelligence Platform

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