Price for Watches; Incomplete Movements, Assembled in Belarus - 2022

Contents:

1. Price for Watches; Incomplete Movements, Assembled in Belarus (FOB) - 2022
2. Price for Watches; Incomplete Movements, Assembled in Belarus (CIF) - 2022
3. Exports of Watches; Incomplete Movements, Assembled in Belarus
4. Imports of Watches; Incomplete Movements, Assembled in Belarus

Price for Watches; Incomplete Movements, Assembled in Belarus (FOB) - 2022

The average watches; incomplete movements, assembled export price stood at $181 per unit in 2022, with an increase of 6.5% against the previous year. Overall, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 21% against the previous year. Over the period under review, the average export prices hit record highs at $192 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +6.3% per year.

Price for Watches; Incomplete Movements, Assembled in Belarus (CIF) - 2022

The average watches; incomplete movements, assembled import price stood at $8.1 per unit in 2022, rising by 10% against the previous year. Overall, the import price, however, continues to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 an increase of 58% against the previous year. Over the period under review, average import prices attained the maximum at $125 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7.2 per unit), while the price for Switzerland totaled $7.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.2%).

Exports of Watches; Incomplete Movements, Assembled in Belarus

In 2022, overseas shipments of watches; incomplete movements, assembleds decreased by 0% to 12 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a abrupt decrease. The smallest decline of -20% was in 2020. The exports peaked at 15 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, watches; incomplete movements, assembled exports reached $2.2K in 2022. Over the period under review, exports saw a deep slump. Over the period under review, the exports attained the maximum at $2.8K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Watches; Incomplete Movements, Assembled from Belarus in 2022:

1. Russia (12.0 units)

Imports of Watches; Incomplete Movements, Assembled in Belarus

Watches; incomplete movements, assembled imports into Belarus skyrocketed to 481 units in 2022, jumping by 55% compared with the previous year's figure. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 140% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, watches; incomplete movements, assembled imports skyrocketed to $3.9K in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 280%. As a result, imports attained the peak of $5.5K. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Watches; Incomplete Movements, Assembled to Belarus in 2022:

1. Switzerland (466.0 units)
2. China (9.0 units)

Source: IndexBox Market Intelligence Platform