Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Finland - 2023

Contents:

  1. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Finland (CIF) - 2022
  2. Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Finland

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Finland (CIF) - 2022

In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $15 per unit, with an increase of 208% against the previous year. In general, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 649% against the previous year. As a result, import price reached the peak level of $24 per unit. From 2021 to 2022, the average import prices remained at a 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 Switzerland ($99 per unit), while the price for China ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Finland

In 2022, the amount of watches; complete movements, unassembled or partly assembled (movement sets) imported into Finland fell sharply to 583 units, with a decrease of -85.5% on the year before. Over the period under review, imports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 218% against the previous year. As a result, imports reached the peak of 4K units, and then contracted significantly in the following year.

In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) reduced sharply to $8.6K in 2022. In general, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 231%. As a result, imports attained the peak of $30K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland2.823.113.93.810.7%
Hong Kong SAR0.2N/A0.12.1119.0%
China5.10.15.20.5-53.9%
GermanyN/A0.4N/AN/A0%
Japan1.00.7N/AN/A-30.0%
LatviaN/A5.6N/AN/A0%
Others0.10.50.12.3184.4%
Total9.230.419.38.6-2.2%

Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Finland in 2022:

  1. China (368.0 units)
  2. Hong Kong SAR (166.0 units)
  3. Switzerland (38.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Watches; complete movements, unassembled or partly assembled (movement sets) - Finland