Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Ethiopia - 2022

Contents:

  1. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Ethiopia (CIF) - 2022
  2. Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Ethiopia

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Ethiopia (CIF) - 2022

In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $13 per unit, reducing by -19.3% against the previous year. Overall, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 763% against the previous year. The import price peaked at $190 per unit in 2017; however, from 2018 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 Italy amounted to -15.6% per year.

Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Ethiopia

In 2022, supplies from abroad of watch movements; complete and assembled, not automatic winding or electrically operateds decreased by -98% to 1 units for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a sharp setback. The growth pace was the most rapid in 2020 with an increase of 1,250%. Imports peaked at 49 units in 2021, and then declined markedly in the following year.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds contracted dramatically to $13 in 2022. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 11,550%. Imports peaked at $789 in 2021, and then contracted rapidly in the following year.

Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.022949513.086.6%
Italy1.0237294N/A1614.6%
Others1.0N/AN/AN/A0%
Total4.046678913.048.1%

Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Ethiopia in 2022:

  1. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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