Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Myanmar - 2022
Contents:
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Myanmar (CIF) - 2022
- Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Myanmar
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Myanmar (CIF) - 2022
The average import price for watches; complete movements, unassembled or partly assembled (movement sets) stood at $2.5 per unit in 2022, reducing by -56.8% against the previous year. Overall, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 49% against the previous year. As a result, import price attained the peak level of $13 per unit. From 2018 to 2022, the average 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 Thailand amounted to +1.8% per year.
Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Myanmar
In 2022, imports of watches; complete movements, unassembled or partly assembled (movement sets) into Myanmar contracted notably to 153 units, with a decrease of -37.8% compared with 2021 figures. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of 246 units, and then reduced remarkably in the following year.
In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) declined remarkably to $386 in 2022. Over the period under review, imports recorded a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 1.3% against the previous year. As a result, imports attained the peak of $1.4K, and then contracted rapidly in the following year.
| Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Myanmar (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,352 | 1,271 | 763 | 386 | -34.2% |
| Thailand | 58.0 | 148 | 674 | N/A | 240.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,410 | 1,419 | 1,437 | 386 | -35.1% |
Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Myanmar in 2022:
- China (153.0 units)
301
This report provides an in-depth analysis of the rough watch movements market in Myanmar.
537
This report provides an in-depth analysis of the global rough watch movements market.
301
This report provides an in-depth analysis of the rough watch movements market in Myanmar.
537
This report provides an in-depth analysis of the global rough watch movements market.
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