Price for Watches; Incomplete Movements, Assembled in Russia - 2022
Contents:
- Price for Watches; Incomplete Movements, Assembled in Russia (CIF) - 2022
- Imports of Watches; Incomplete Movements, Assembled in Russia
Price for Watches; Incomplete Movements, Assembled in Russia (CIF) - 2022
The average watches; incomplete movements, assembled import price stood at $362 per unit in 2022, rising by 35% against the previous year. In general, the import price continues to indicate a prominent expansion. The growth pace was the most rapid in 2016 when the average import price increased by 187% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($543 per unit), while the price for Thailand ($325 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+38.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Watches; Incomplete Movements, Assembled in Russia
In 2022, supplies from abroad of watches; incomplete movements, assembleds decreased by -51.5% to 16 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 150% against the previous year. Over the period under review, imports hit record highs at 33 units in 2021, and then fell markedly in the following year.
In value terms, watches; incomplete movements, assembled imports reduced remarkably to $5.8K in 2022. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 271%. Imports peaked at $8.8K in 2021, and then dropped sharply in the following year.
| Import of Watches; Incomplete Movements, Assembled in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.2 | N/A | 0.7 | 3.5 | 159.6% |
| China | 0.3 | 0.2 | 0.1 | 1.4 | 67.1% |
| Thailand | 0.1 | 0.1 | 4.2 | 0.9 | 108.0% |
| Hong Kong SAR | N/A | N/A | 3.3 | N/A | 0% |
| Belarus | N/A | 2.3 | 0.3 | N/A | -87.0% |
| Others | 0.1 | 0.2 | 0.3 | N/A | 73.2% |
| Total | 0.8 | 2.8 | 8.8 | 5.8 | 93.5% |
Top Suppliers of Watches; Incomplete Movements, Assembled to Russia in 2022:
- Switzerland (11.0 units)
- Thailand (3.0 units)
- China (3.0 units)
334
This report provides an in-depth analysis of the rough watch movements market in the Russian Federation.
540
This report provides an in-depth analysis of the global rough watch movements market.
334
This report provides an in-depth analysis of the rough watch movements market in the Russian Federation.
540
This report provides an in-depth analysis of the global rough watch movements market.
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