Price for Watches; Incomplete Movements, Assembled in the United States - 2023
Contents:
- Price for Watches; Incomplete Movements, Assembled in the United States (FOB) - 2022
- Price for Watches; Incomplete Movements, Assembled in the United States (CIF) - 2022
- Exports of Watches; Incomplete Movements, Assembled in the United States
- Imports of Watches; Incomplete Movements, Assembled in the United States
Price for Watches; Incomplete Movements, Assembled in the United States (FOB) - 2022
The average watches; incomplete movements, assembled export price stood at $119 per unit in 2022, stabilizing at the previous year. Overall, the export price saw a deep slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 228% against the previous year. The export price peaked at $817 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($343 per unit), while the average price for exports to Japan ($26 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Watches; Incomplete Movements, Assembled in the United States (CIF) - 2022
In 2022, the average watches; incomplete movements, assembled import price amounted to $20 per unit, declining by -92.8% against the previous year. In general, the import price recorded a dramatic setback. The pace of growth was the most pronounced in 2021 an increase of 296% against the previous year. Over the period under review, average import prices hit record highs at $904 per unit in 2015; however, from 2016 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 Switzerland ($608 per unit), while the price for India ($2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-3.4%), while the prices for the other major suppliers experienced a decline.
Exports of Watches; Incomplete Movements, Assembled in the United States
In 2022, shipments abroad of watches; incomplete movements, assembleds decreased by -82.6% to 471 units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 10,937% against the previous year. As a result, the exports reached the peak of 3.3K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, watches; incomplete movements, assembled exports reduced notably to $56K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,216%. As a result, the exports reached the peak of $327K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Watches; Incomplete Movements, Assembled in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | 4.1 | 27.3 | 565.9% |
| Switzerland | 2.8 | 321 | 226 | 21.8 | 98.2% |
| United Kingdom | N/A | N/A | 70.5 | 3.5 | -95.0% |
| Japan | N/A | N/A | N/A | 3.2 | 0% |
| Others | 22.1 | 5.7 | 22.6 | N/A | 1.1% |
| Total | 24.9 | 327 | 323 | 55.8 | 30.9% |
Top Export Markets for Watches; Incomplete Movements, Assembled from the United States in 2022:
- Switzerland (256.0 units)
- Japan (125.0 units)
- Hong Kong SAR (80.0 units)
- United Kingdom (10.0 units)
Imports of Watches; Incomplete Movements, Assembled in the United States
In 2022, the amount of watches; incomplete movements, assembleds imported into the United States soared to 3.5K units, picking up by 3,147% compared with the year before. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, watches; incomplete movements, assembled imports soared to $72K in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 201%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Watches; Incomplete Movements, Assembled in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 6.7 | 8.2 | 13.8 | 41.1 | 83.1% |
| Italy | N/A | 13.0 | N/A | 11.0 | -8.0% |
| India | N/A | N/A | 5.0 | 5.8 | 16.0% |
| China | 4.8 | 2.8 | N/A | 5.4 | 4.0% |
| Others | N/A | 10.5 | 12.1 | 8.5 | -10.0% |
| Total | 11.5 | 34.6 | 30.9 | 71.9 | 84.2% |
Top Suppliers of Watches; Incomplete Movements, Assembled to the United States in 2022:
- India (2855.0 units)
- Italy (500.0 units)
- Switzerland (68.0 units)
- China (55.0 units)
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This report provides an in-depth analysis of the rough watch movements market in the U.S..
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This report provides an in-depth analysis of the global rough watch movements market.
391
This report provides an in-depth analysis of the rough watch movements market in the U.S..
521
This report provides an in-depth analysis of the global rough watch movements market.
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