Price for Watch Movements; Complete and Assembled in Jordan - 2022
Contents:
- Price for Watch Movements; Complete and Assembled in Jordan (CIF) - 2022
- Price for Watch Movements; Complete and Assembled in Jordan (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled in Jordan
- Exports of Watch Movements; Complete and Assembled in Jordan
Price for Watch Movements; Complete and Assembled in Jordan (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembleds amounted to $85 per unit, increasing by 32% against the previous year. In general, the import price posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 52% against the previous year. The import price peaked at $132 per unit in 2018; however, from 2019 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 China.
From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +6.8% per year.
Price for Watch Movements; Complete and Assembled in Jordan (FOB) - 2022
The average export price for watch movements; complete and assembleds stood at $425 per unit in 2022, with an increase of 34% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 115% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($486 per unit), while the average price for exports to Belgium ($13 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 Switzerland (+19.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Watch Movements; Complete and Assembled in Jordan
Watch movements; complete and assembled imports into Jordan skyrocketed to 145 units in 2022, with an increase of 237% on 2021 figures. In general, imports, however, continue to indicate a precipitous setback. Imports peaked at 539 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, watch movements; complete and assembled imports soared to $12K in 2022. Over the period under review, imports, however, showed a precipitous curtailment. Over the period under review, imports reached the maximum at $29K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Watch Movements; Complete and Assembled in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 3.9 | 0.4 | 12.3 | 36.8% |
| Hong Kong SAR | 0.5 | 0.7 | N/A | N/A | 40.0% |
| Belgium | N/A | 0.3 | N/A | N/A | 0% |
| Germany | 0.6 | 0.3 | N/A | N/A | -50.0% |
| Switzerland | 14.1 | 11.3 | 0.1 | N/A | -91.6% |
| United Arab Emirates | 0.8 | 2.8 | 1.9 | N/A | 54.1% |
| Italy | 3.7 | 3.5 | 0.2 | N/A | -76.8% |
| Others | 4.4 | N/A | N/A | N/A | 0% |
| Total | 28.9 | 22.8 | 2.8 | 12.3 | -24.8% |
Top Suppliers of Watch Movements; Complete and Assembled to Jordan in 2022:
- China (145.0 units)
Exports of Watch Movements; Complete and Assembled in Jordan
In 2022, approx. 19 units of watch movements; complete and assembleds were exported from Jordan; with a decrease of -40.6% on the previous year's figure. Overall, exports showed a dramatic setback. The smallest decline of -21.2% was in 2020. The exports peaked at 52 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, watch movements; complete and assembled exports contracted remarkably to $8.1K in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 68% against the previous year. As a result, the exports reached the peak of $10K, and then contracted remarkably in the following year.
| Export of Watch Movements; Complete and Assembled in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 4.4 | 5.9 | 10.1 | 7.8 | 21.0% |
| Poland | N/A | N/A | N/A | 0.2 | 0% |
| Belgium | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.6 | 6.0 | 10.1 | 8.1 | 20.8% |
Top Export Markets for Watch Movements; Complete and Assembled from Jordan in 2022:
- Switzerland (16.0 units)
- Belgium (1.0 units)
- Poland (1.0 units)
- Netherlands (1.0 units)
388
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
388
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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