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

Contents:

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

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

In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $0.1 per unit, flattening at the previous year. In general, the import price recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2018 an increase of 12%. The import price peaked at $68 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Thailand amounted to +39.4% per year.

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

In 2022, the amount of watch movements; complete and assembled, not automatic winding or electrically operateds imported into Myanmar totaled 29K units, flattening at the year before. In general, imports posted a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $3.4K in 2022. Over the period under review, imports enjoyed a significant expansion. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Myanmar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
ChinaN/AN/A3.40%
Others0.4N/AN/A0%
Total0.4N/A3.4191.5%

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

  1. China (28.6K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Watch movements; complete and assembled, not automatic winding or electrically operated - Myanmar