Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in India - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in India (CIF) - 2023
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in India (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in India
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in India
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in India (CIF) - 2023
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $656 per unit in November 2023, surging by 6.3% against the previous month. Overall, the import price saw mild growth. The most prominent rate of growth was recorded in March 2023 an increase of 72% m-o-m. Over the period under review, average import prices hit record highs at $1,060 per unit in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United Arab Emirates ($6,125 per unit), while the price for the Philippines ($61.2 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in India (FOB) - 2022
In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $316 per unit, with an increase of 3.1% against the previous year. In general, the export price posted a strong increase. The pace of growth appeared the most rapid in 2018 an increase of 595%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($1,552 per unit), while the average price for exports to Bhutan ($2.1 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 Hong Kong SAR (+40.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in India
In 2022, approx. 150K units of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were imported into India; increasing by 66% against the year before. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 139% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings skyrocketed to $76M in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 121%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 34.8 | 21.8 | 47.7 | 62.2 | 21.4% |
| Hong Kong SAR | 2.3 | 1.2 | 3.5 | 6.3 | 39.9% |
| United Arab Emirates | 5.8 | 3.0 | 6.3 | 2.3 | -26.5% |
| Japan | 0.4 | 0.3 | 0.8 | 1.8 | 65.1% |
| Ireland | N/A | 0.2 | 0.7 | 1.0 | 123.6% |
| China | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| United States | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Others | 0.3 | 0.6 | 1.1 | 1.3 | 63.0% |
| Total | 43.7 | 27.3 | 60.3 | 75.5 | 20.0% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to India in 2022:
- Hong Kong SAR (73.9K units)
- Switzerland (48.4K units)
- Japan (9.7K units)
- China (8.5K units)
- Ireland (5.8K units)
- United States (2.5K units)
- United Arab Emirates (1.0K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in India
After three years of growth, shipments abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings decreased by -90.9% to 2.8K units in 2022. Over the period under review, exports saw a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 82%. As a result, the exports reached the peak of 30K units, and then declined notably in the following year.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings fell markedly to $872K in 2022. In general, exports recorded a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by 153%. The exports peaked at $9.3M in 2021, and then contracted notably in the following year.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 758 | 2,005 | 5,098 | 663 | -4.4% |
| Bangladesh | 2.9 | 42.5 | 19.6 | 103 | 228.7% |
| Sri Lanka | 22.7 | 58.3 | 123 | 26.6 | 5.4% |
| Malaysia | N/A | N/A | N/A | 13.4 | 0% |
| Maldives | 1.2 | 0.9 | 10.5 | 7.9 | 87.4% |
| Bhutan | N/A | N/A | 0.4 | 0.5 | 25.0% |
| Hong Kong SAR | 671 | 1,502 | 3,692 | N/A | 134.6% |
| Mali | N/A | 1.6 | N/A | N/A | 0% |
| Others | 49.4 | 201 | 349 | 58.1 | 5.6% |
| Total | 1,506 | 3,812 | 9,293 | 872 | -16.7% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from India in 2022:
- Bangladesh (1255.0 units)
- Switzerland (427.0 units)
- Malaysia (410.0 units)
- Sri Lanka (346.0 units)
- Bhutan (218.0 units)
- Maldives (45.0 units)
140
This report provides an in-depth analysis of the market for plastic or non-precious metal watch in India.
1298
This report provides an in-depth analysis of the watch market in India.
301
This report provides an in-depth analysis of the propylene oxide market in India.
78
This report provides an in-depth analysis of the market for spices except pepper or ginger in India.
162
This report provides an in-depth analysis of the global market for plastic or non-precious metal watch.
2356
This report provides an in-depth analysis of the global watch market.
875
This report provides an in-depth analysis of the global propylene oxide market.
53
This report provides an in-depth analysis of the global market for spices except pepper or ginger.
140
This report provides an in-depth analysis of the market for plastic or non-precious metal watch in India.
162
This report provides an in-depth analysis of the global market for plastic or non-precious metal watch.
207
Propylene Oxide experienced a significant surge in growth rate, reaching an unprecedented increase of 1,065% month-to-month in March 2023. The value of propylene oxide imports also skyrocketed, reaching $5.2M in July 2023.
186
Explore the top import markets for plastic or non-precious metal watches in the world. Discover key statistics and import values of these markets. Learn how the demand for affordable and stylish watches drives the global import market.
224
Explore the top import markets for watches worldwide, including Hong Kong SAR, the United States, China, France, Germany, Japan, Singapore, Switzerland, the United Kingdom, and the United Arab Emirates. Discover key statistics and market insights.
1398
The continued rise in popularity of smartwatches is having a major impact on the watch market.
2895
In value terms, wrist-watches, pocket-watches, stop-watches and other watches imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value decre...
579
In value terms, watch straps, watch bands, watch bracelets and parts thereof imports totaled $X in 2016. Overall, it indicated a remarkable expansion from 2007 to 2016: the total imports value decrea...
624
In value terms, watch cases and parts thereof imports totaled $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports value increased at an average annual rate ...
723
In value terms, complete, unassembled watch and clock movements imports stood at $X in 2016. Overall, it indicated a temperate expansion from 2007 to 2016: the total imports value increased at an a...
792
In value terms, watch movements imports totaled $X in 2016. Overall, watch movements imports continue to indicate a relatively flat trend pattern. Global watch movements import peaked of $X in X>
638
In value terms, watch straps, watch bands, watch bracelets and parts thereof exports stood at $X in 2016. In general, watch straps, watch bands, watch bracelets and parts thereof exports continue to ...
