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

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

In 2022, the average watches; incomplete movements, assembled import price amounted to $115 per unit, which is down by -3.5% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 40% against the previous year. The import price peaked at $149 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($169 per unit), while the price for Japan totaled $113 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced a decline.

Imports of Watches; Incomplete Movements, Assembled in Uruguay

In 2022, supplies from abroad of watches; incomplete movements, assembleds increased by 26% to 44 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt downturn. Imports peaked at 56 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, watches; incomplete movements, assembled imports soared to $5.1K in 2022. Overall, imports, however, saw a abrupt shrinkage. Over the period under review, imports hit record highs at $6.7K in 2019; however, from 2020 to 2022, imports failed to regain momentum.