Price for Watch Movements; Complete and Assembled in Chile - 2023
Contents:
- Price for Watch Movements; Complete and Assembled in Chile (CIF) - 2022
- Price for Watch Movements; Complete and Assembled in Chile (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled in Chile
- Exports of Watch Movements; Complete and Assembled in Chile
Price for Watch Movements; Complete and Assembled in Chile (CIF) - 2022
The average import price for watch movements; complete and assembleds stood at $26 per unit in 2022, remaining stable against the previous year. In general, the import price continues to indicate a temperate increase. The pace of growth appeared the most rapid in 2016 an increase of 47%. The import price peaked at $46 per unit in 2019; however, from 2020 to 2022, import prices remained at a 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 Switzerland ($82 per unit), while the price for Hong Kong SAR ($9.3 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 (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Movements; Complete and Assembled in Chile (FOB) - 2022
In 2022, the average export price for watch movements; complete and assembleds amounted to $41 per unit, remaining constant against the previous year. Over the period under review, the export price showed a moderate expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 101% against the previous year. Over the period under review, the average export prices hit record highs at $47 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($54 per unit), while the average price for exports to Argentina ($3 per unit) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Watch Movements; Complete and Assembled in Chile
In 2022, approx. 5K units of watch movements; complete and assembleds were imported into Chile; increasing by 62% on 2021 figures. Overall, imports, however, showed a slight downturn. Over the period under review, imports reached the peak figure at 5.2K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, watch movements; complete and assembled imports soared to $128K in 2022. In general, imports, however, showed a abrupt downturn. Over the period under review, imports attained the peak figure at $241K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Watch Movements; Complete and Assembled in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 123 | 11.5 | 33.7 | 85.1 | -11.6% |
Japan | 14.9 | 8.4 | 9.9 | 22.8 | 15.2% |
China | 11.0 | 1.3 | 0.6 | 11.8 | 2.4% |
United States | 61.2 | 17.4 | 2.7 | 4.1 | -59.4% |
Hong Kong SAR | 0.3 | 2.0 | 6.6 | 1.6 | 74.7% |
Costa Rica | 3.0 | N/A | N/A | N/A | 0% |
Israel | 16.8 | 10.3 | 13.4 | N/A | -10.7% |
Others | 11.0 | 4.1 | 12.0 | 2.9 | -35.9% |
Total | 241 | 54.9 | 78.9 | 128 | -19.0% |
Top Suppliers of Watch Movements; Complete and Assembled to Chile in 2022:
- Japan (2455.0 units)
- China (1259.0 units)
- Switzerland (1036.0 units)
- Hong Kong SAR (178.0 units)
- United States (28.0 units)
Exports of Watch Movements; Complete and Assembled in Chile
In 2022, overseas shipments of watch movements; complete and assembleds decreased by 0% to 7 units, falling for the second consecutive year after two years of growth. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 129%. As a result, the exports reached the peak of 16 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, watch movements; complete and assembled exports amounted to $288 in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 359%. As a result, the exports reached the peak of $578. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Watch Movements; Complete and Assembled in Chile (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Paraguay | 18.0 | 138 | N/A | 161 | 107.6% |
Switzerland | 101 | 404 | N/A | 84.0 | -6.0% |
Bolivia | 4.0 | 32.0 | N/A | 40.0 | 115.4% |
Argentina | 1.0 | 4.0 | N/A | 3.0 | 44.2% |
Poland | 2.0 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 126 | 578 | N/A | 288 | 31.7% |
Top Export Markets for Watch Movements; Complete and Assembled from Chile in 2022:
- Paraguay (3.0 units)
- Switzerland (2.0 units)
- Argentina (1.0 units)
- Bolivia (1.0 units)
This report provides an in-depth analysis of the assembled watch movements market in Chile.
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
This report provides an in-depth analysis of the assembled watch movements market in Chile.
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
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