Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Estonia - 2022

Contents:

  1. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Estonia (CIF) - 2022
  2. Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Estonia

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Estonia (CIF) - 2022

In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $21 per unit, increasing by 154% against the previous year. In general, the import price, however, saw a drastic downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by 210% against the previous year. Over the period under review, average import prices attained the peak figure at $190 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Switzerland.

From 2013 to 2022, the rate of growth in terms of prices for Switzerland amounted to +44.2% per year.

Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Estonia

In 2022, approx. 1 units of watches; complete movements, unassembled or partly assembled (movement sets) were imported into Estonia; falling by -98.9% on the previous year's figure. Overall, imports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 242% against the previous year. Imports peaked at 509 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) shrank markedly to $21 in 2022. In general, imports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 65%. Imports peaked at $21K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland35.029.0N/A21.0-15.7%
Hong Kong SAR330110368N/A5.6%
China5,519N/AN/AN/A0%
Others15,010308369N/A-84.3%
Total20,89444773721.0-90.0%

Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Estonia in 2022:

  1. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Watches; complete movements, unassembled or partly assembled (movement sets) - Estonia