Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Latvia - 2023
Contents:
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Latvia (CIF) - 2022
- Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Latvia
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Latvia (CIF) - 2022
In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $26 per unit, declining by -68.4% against the previous year. In general, the import price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2020 an increase of 1,185%. The import price peaked at $82 per unit in 2021, and then fell remarkably in the following year.
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 Malta amounted to +21.5% per year.
Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Latvia
In 2022, overseas purchases of watches; complete movements, unassembled or partly assembled (movement sets) decreased by -90.2% to 4 units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. As a result, imports reached the peak of 361 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) reduced rapidly to $104 in 2022. Overall, imports saw a dramatic slump. The growth pace was the most rapid in 2020 when imports increased by 2,087% against the previous year. As a result, imports attained the peak of $23K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.9 | N/A | 0.1 | 0.1 | -51.9% |
| Thailand | 0.1 | N/A | N/A | N/A | 0% |
| Croatia | N/A | 11.9 | 0.3 | N/A | -97.5% |
| Malta | N/A | 11.2 | 3.0 | N/A | -73.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.1 | 23.1 | 3.4 | 0.1 | -55.0% |
Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Latvia in 2022:
- Switzerland (4.0 units)
56
This report provides an in-depth analysis of the rough watch movements market in Latvia.
525
This report provides an in-depth analysis of the global rough watch movements market.
56
This report provides an in-depth analysis of the rough watch movements market in Latvia.
525
This report provides an in-depth analysis of the global rough watch movements market.
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