Price for Watch Movements; Complete and Assembled in Angola - 2022

Contents:

  1. Price for Watch Movements; Complete and Assembled in Angola (CIF) - 2022
  2. Imports of Watch Movements; Complete and Assembled in Angola

Price for Watch Movements; Complete and Assembled in Angola (CIF) - 2022

The average import price for watch movements; complete and assembleds stood at $16 per unit in 2022, surging by 14% against the previous year. In general, the import price, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2019 when the average import price increased by 32%. The import price peaked at $111 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($71 per unit), while the price for Turkey ($2.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+16.0%), while the prices for the other major suppliers experienced a decline.

Imports of Watch Movements; Complete and Assembled in Angola

In 2022, approx. 373 units of watch movements; complete and assembleds were imported into Angola; picking up by 224% compared with the previous year. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 794%. As a result, imports attained the peak of 626 units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, watch movements; complete and assembled imports soared to $6K in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 565%. As a result, imports reached the peak of $10K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Watch Movements; Complete and Assembled in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3461,4714401,69569.8%
Brazil5501,9764991,62143.4%
United Arab Emirates4261,4873651,15139.3%
United States71.029586.032065.2%
TurkeyN/AN/AN/A1770%
France22.013035.011875.0%
Italy29.061.05.056.024.5%
China23.096.08.016.0-11.4%
Others88.04,823177822110.6%
Total1,55510,3391,6155,97656.6%

Top Suppliers of Watch Movements; Complete and Assembled to Angola in 2022:

  1. Brazil (122.0 units)
  2. United Arab Emirates (87.0 units)
  3. Turkey (84.0 units)
  4. United States (25.0 units)
  5. United Kingdom (24.0 units)
  6. France (10.0 units)
  7. Italy (5.0 units)
  8. China (3.0 units)

Source: IndexBox Market Intelligence Platform

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