Price for Watch Movements; Complete and Assembled in Kenya - 2022
Contents:
- Price for Watch Movements; Complete and Assembled in Kenya (CIF) - 2022
- Price for Watch Movements; Complete and Assembled in Kenya (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled in Kenya
- Exports of Watch Movements; Complete and Assembled in Kenya
Price for Watch Movements; Complete and Assembled in Kenya (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembleds amounted to $13 per unit, with a decrease of -24.2% against the previous year. In general, the import price, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2017 an increase of 252%. As a result, import price attained the peak level of $32 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($191 per unit), while the price for Belgium ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+55.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Movements; Complete and Assembled in Kenya (FOB) - 2022
In 2022, the average export price for watch movements; complete and assembleds amounted to $129 per unit, with a decrease of -1.5% against the previous year. In general, the export price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2017 an increase of 138%. Over the period under review, the average export prices hit record highs at $131 per unit in 2021, and then contracted slightly in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($130 per unit), while the average price for exports to Uganda amounted to $126 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+59.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Watch Movements; Complete and Assembled in Kenya
In 2022, the amount of watch movements; complete and assembleds imported into Kenya contracted to 598 units, waning by -12.3% on the year before. Over the period under review, imports showed a dramatic slump. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. Over the period under review, imports hit record highs at 1.7K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, watch movements; complete and assembled imports contracted sharply to $7.7K in 2022. Overall, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 204%. As a result, imports reached the peak of $12K, and then fell dramatically in the following year.
| Import of Watch Movements; Complete and Assembled in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.8 | 1.3 | 3.9 | 3.9 | 0.9% |
| United States | 4.0 | 1.7 | 2.9 | 2.7 | -12.3% |
| United Kingdom | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Belgium | 0.1 | N/A | N/A | N/A | 0% |
| Others | 1.9 | 0.7 | 4.7 | 1.0 | -19.3% |
| Total | 9.9 | 3.8 | 11.6 | 7.7 | -8.0% |
Top Suppliers of Watch Movements; Complete and Assembled to Kenya in 2022:
- China (486.0 units)
- United Kingdom (57.0 units)
- Belgium (19.0 units)
- United States (14.0 units)
Exports of Watch Movements; Complete and Assembled in Kenya
In 2022, approx. 3 units of watch movements; complete and assembleds were exported from Kenya; almost unchanged from the previous year's figure. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, watch movements; complete and assembled exports dropped modestly to $386 in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 2.9%. As a result, the exports reached the peak of $392, and then fell in the following year.
| Export of Watch Movements; Complete and Assembled in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 37.0 | 263 | 267 | 260 | 91.5% |
| Uganda | 16.0 | 118 | 125 | 126 | 99.0% |
| South Africa | 303 | N/A | N/A | N/A | 0% |
| Others | 15.0 | N/A | N/A | N/A | 0% |
| Total | 371 | 381 | 392 | 386 | 1.3% |
Top Export Markets for Watch Movements; Complete and Assembled from Kenya in 2022:
- Rwanda (2.0 units)
- Uganda (1.0 units)
393
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
393
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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