Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Latvia - 2023
Contents:
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Latvia (CIF) - 2022
- Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Latvia
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Latvia (CIF) - 2022
The average import price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $75 per unit in 2022, rising by 27% against the previous year. Overall, the import price recorded a significant increase. The growth pace was the most rapid in 2017 an increase of 165%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Switzerland amounted to +23.6% per year.
Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Latvia
In 2022, overseas purchases of watch movements; complete and assembled, not automatic winding or electrically operateds decreased by 0% to 1 units, falling for the second year in a row after two years of growth. Overall, imports recorded a precipitous decline. The pace of growth appeared the most rapid in 2020 when imports increased by 429% against the previous year. As a result, imports attained the peak of 74 units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds surged to $75 in 2022. In general, imports saw a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 462% against the previous year. As a result, imports reached the peak of $3.1K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 517 | 1,589 | 59.0 | 75.0 | -47.5% |
| United Arab Emirates | N/A | 1,489 | N/A | N/A | 0% |
| Others | 31.0 | N/A | N/A | N/A | 0% |
| Total | 548 | 3,078 | 59.0 | 75.0 | -48.5% |
Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Latvia in 2022:
- Switzerland (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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