Uzbekistan - Watches - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWatch Price in Uzbekistan - 2023
Contents:
- Watch Price in Uzbekistan (CIF) - 2022
- Watch Price in Uzbekistan (FOB) - 2022
- Watch Imports in Uzbekistan
- Watch Exports in Uzbekistan
Watch Price in Uzbekistan (CIF) - 2022
In 2022, the average watch import price amounted to $22 per unit, surging by 168% against the previous year. In general, the import price posted strong growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 1,229% against the previous year. The import price peaked at $50 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($278 per unit), while the price for the United Arab Emirates ($1.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+253.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Watch Price in Uzbekistan (FOB) - 2022
The average watch export price stood at $0.6 per unit in 2022, dropping by -99.7% against the previous year. In general, the export price faced a sharp decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 743%. Over the period under review, the average export prices reached the peak figure at $632 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.
From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to -1.7% per year.
Watch Imports in Uzbekistan
In 2022, imports of watches into Uzbekistan dropped to 109K units, which is down by -6% compared with 2021 figures. In general, imports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, imports hit record highs at 171K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, watch imports soared to $2.4M in 2022. Over the period under review, imports, however, continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Watch in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 308 | 458 | 485 | 1,862 | 82.2% |
| China | 86.3 | 71.6 | 53.4 | 303 | 52.0% |
| Russia | 11.2 | 19.9 | 11.0 | 73.7 | 87.4% |
| United Arab Emirates | 20.6 | 37.2 | 187 | 24.3 | 5.7% |
| Belarus | 12.0 | 0.5 | 3.4 | 12.3 | 0.8% |
| Germany | 31.5 | 21.9 | 17.3 | 0.8 | -70.6% |
| Hong Kong SAR | 6.5 | 36.2 | 53.7 | N/A | 187.4% |
| Thailand | 11.2 | N/A | N/A | N/A | 0% |
| South Korea | 6.4 | N/A | 5.7 | N/A | -5.6% |
| Others | 61.1 | 61.4 | 129 | 108 | 20.9% |
| Total | 555 | 706 | 946 | 2,384 | 62.6% |
Top Suppliers of Watch to Uzbekistan in 2022:
- Germany (undefinedK units)
- China (60.3K units)
- Switzerland (22.6K units)
- United Arab Emirates (12.7K units)
- Russia (11.8K units)
- Belarus (0.8K units)
Watch Exports in Uzbekistan
In 2022, approx. 1K units of watches were exported from Uzbekistan; picking up by 25,100% compared with the previous year. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, watch exports shrank markedly to $599 in 2022. Overall, exports, however, recorded a sharp curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 21% against the previous year. As a result, the exports reached the peak of $6.8K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Watch in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kyrgyzstan | N/A | 0.1 | 0.6 | 0.3 | 73.2% |
| Tajikistan | N/A | 6.7 | N/A | N/A | 0% |
| Others | 5.6 | 0.1 | 0.2 | 0.3 | -62.3% |
| Total | 5.6 | 6.8 | 0.9 | 0.6 | -52.5% |
Top Export Markets for Watch from Uzbekistan in 2022:
- Kyrgyzstan (999.0 units)
This report provides an in-depth analysis of the watch market in Uzbekistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521100 - Wrist-watches, pocket-watches, with case of precious metal or of metal clad with precious metal
- Prodcom 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches
Country coverage:
- Uzbekistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uzbekistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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