Price for Watches; Incomplete Movements, Assembled in India - 2021

Contents:

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

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

In 2022, the average watches; incomplete movements, assembled import price amounted to $2 per unit, declining by -87.6% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 208% against the previous year. Over the period under review, average import prices reached the maximum at $16 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($21 per unit), while the price for Switzerland amounted to less than $0.1 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+419.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average watches; incomplete movements, assembled export price stood at $107 per unit in 2022, with a decrease of -95.3% against the previous year. Overall, the export price, however, posted a tangible increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 588%. The export price peaked at $2,271 per unit in 2021, and then plummeted in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Sri Lanka amounted to +68.4% per year.

Imports of Watches; Incomplete Movements, Assembled in India

Watches; incomplete movements, assembled imports into India skyrocketed to 445 units in 2022, with an increase of 2,019% on 2021 figures. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, watches; incomplete movements, assembled imports skyrocketed to $900 in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 462% against the previous year. As a result, imports attained the peak of $2.7K. From 2021 to 2022, the growth of imports failed to regain momentum.

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

1. Switzerland (403.0 units)
2. China (43.0 units)

Exports of Watches; Incomplete Movements, Assembled in India

Watches; incomplete movements, assembled exports from India dropped markedly to 1 units in 2022, waning by -99.8% compared with 2021. Over the period under review, exports showed a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 332%. As a result, the exports attained the peak of 436 units, and then dropped markedly in the following year.

In value terms, watches; incomplete movements, assembled exports fell remarkably to $142 in 2022. In general, exports faced a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 457% against the previous year. As a result, the exports attained the peak of $990K, and then dropped rapidly in the following year.

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

1. Sri Lanka (1.0 units)

Source: IndexBox Market Intelligence Platform