Asia: Assembled Watch Movements Market 2020

Assembled Watch Movements Market Size in Asia

The revenue of the assembled watch movements market in Asia amounted to $X in 2017, coming down by -X% against the previous year. The assembled watch movements consumption continues to indicate an abrupt deduction. The pace of growth was the most pronounced in 2012, when it surged by X% year-to-year. Over the period under review, the assembled watch movements market reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Assembled Watch Movements Production in Asia

In 2017, the amount of watch movements, complete and assembled produced in Asia stood at X units, increasing by X% against the previous year. The assembled watch movements production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when the output figure increased by X% y-o-y. Over the period under review, the assembled watch movements production attained its peak figure volume of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Assembled Watch Movements Exports in Asia

In 2017, exports of watch movements, complete and assembled in Asia amounted to X units, coming up by X% against the previous year. The assembled watch movements exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. The volume of exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, assembled watch movements exports amounted to $X in 2017. The total exports indicated a modest increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the assembled watch movements exports decreased by -X% against 2012 indices. Over the period under review, the assembled watch movements exports attained its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Assembled Watch Movements Exports by Country in Asia

In 2017, Malaysia (X units) were the key exporters of watch movements, complete and assembled in Asia, committing X% of total export.

Malaysia was also the fastest growing in terms of the watch movements, complete and assembled exports, with a CAGR of +X% from 2007 to 2017. Malaysia (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) also remains the largest assembled watch movements supplier in Asia.

In Malaysia, assembled watch movements exports decreased by an average annual rate of -X% over the period from 2007-2017.

Assembled Watch Movements Export Prices by Country in Asia

The assembled watch movements export price in Asia stood at $X per thousand units in 2017, dropping by -X% against the previous year. The assembled watch movements export price continues to indicate an abrupt decline. The pace of growth appeared the most rapid in 2012, an increase of X% against the previous year. In that year, the export prices for watch movements, complete and assembled reached their peak level of $X per thousand units. From 2013 to 2017, growth of the export prices for watch movements, complete and assembled stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Malaysia (-X% per year).

Assembled Watch Movements Imports in Asia

In 2017, the amount of watch movements, complete and assembled imported in Asia totaled X units, reducing by -X% against the previous year. The assembled watch movements imports continue to indicate a drastic curtailment. The pace of growth was the most pronounced in 2010, when imports increased by X% year-to-year. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, assembled watch movements imports amounted to $X in 2017. The assembled watch movements imports continue to indicate a slight shrinkage. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Assembled Watch Movements Imports by Country in Asia

In 2017, China, Hong Kong SAR (X units) represented the major importer for watch movements, complete and assembled, generating X% of total imports. It was distantly followed by China (X units), constituting X% share of total imports. Singapore (X units) and Nepal (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to assembled watch movements imports into China, Hong Kong SAR stood at -X%. At the same time, Singapore (+X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. Nepal experienced a relatively flat trend pattern. By contrast, China (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%) and China (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest assembled watch movements markets worldwide were China, Hong Kong SAR ($X), China ($X) and Singapore ($X), together accounting for X% of total imports. Nepal lagged somewhat behind, comprising a further X%.

Nepal (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Assembled Watch Movements Import Prices by Country in Asia

In 2017, the assembled watch movements import price in Asia amounted to $X per thousand units, jumping by X% against the previous year. The assembled watch movements import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2014, when it surged by X% against the previous year. The level of import price peaked in 2017, and is expected to retain its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per thousand units), while Nepal ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform