Price for Watch Movements; Complete and Assembled in Belarus - 2022
Contents:
- Price for Watch Movements; Complete and Assembled in Belarus (CIF) - 2022
- Price for Watch Movements; Complete and Assembled in Belarus (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled in Belarus
- Exports of Watch Movements; Complete and Assembled in Belarus
Price for Watch Movements; Complete and Assembled in Belarus (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembleds amounted to $4.6 per unit, picking up by 4% against the previous year. Over the period under review, the import price, however, showed a mild decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 30%. Over the period under review, average import prices hit record highs at $5.4 per unit in 2012; however, from 2013 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 Switzerland ($29 per unit), while the price for China ($1.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-2.1%), while the prices for the other major suppliers experienced a decline.
Price for Watch Movements; Complete and Assembled in Belarus (FOB) - 2022
In 2022, the average export price for watch movements; complete and assembleds amounted to $4.3 per unit, picking up by 2.5% against the previous year. Overall, the export price, however, recorded a perceptible decline. The growth pace was the most rapid in 2020 an increase of 309%. As a result, the export price attained the peak level of $17 per unit. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($54 per unit), while the average price for exports to Russia ($2.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+0.1%), while the prices for the other major destinations experienced a decline.
Imports of Watch Movements; Complete and Assembled in Belarus
In 2022, imports of watch movements; complete and assembleds into Belarus dropped dramatically to 16K units, waning by -33.8% against the year before. Overall, imports faced a sharp slump. The growth pace was the most rapid in 2021 with an increase of 225%. Imports peaked at 42K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, watch movements; complete and assembled imports declined significantly to $74K in 2022. Over the period under review, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 166%. Imports peaked at $211K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Watch Movements; Complete and Assembled in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 33.3 | 10.3 | 32.7 | 24.1 | -10.2% |
Japan | 23.8 | 6.3 | 21.3 | 22.8 | -1.4% |
China | 132 | 6.2 | 31.8 | 9.4 | -58.6% |
Hong Kong SAR | 11.5 | 8.1 | 10.3 | 4.0 | -29.7% |
France | 0.1 | 0.9 | 3.0 | 3.2 | 217.5% |
Thailand | 2.2 | 1.4 | 1.8 | 2.0 | -3.1% |
Russia | 0.3 | 0.4 | 1.6 | 1.7 | 78.3% |
Others | 8.0 | 6.9 | 4.8 | 6.6 | -6.2% |
Total | 211 | 40.4 | 107 | 73.8 | -29.5% |
Top Suppliers of Watch Movements; Complete and Assembled to Belarus in 2022:
- China (5.5K units)
- Japan (5.3K units)
- Hong Kong SAR (1.8K units)
- France (1.2K units)
- Switzerland (0.8K units)
- Thailand (0.5K units)
- Russia (0.5K units)
Exports of Watch Movements; Complete and Assembled in Belarus
In 2022, exports of watch movements; complete and assembleds from Belarus fell sharply to 1.1K units, which is down by -47.4% compared with the previous year's figure. In general, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 5,215%. Over the period under review, the exports hit record highs at 5.6K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, watch movements; complete and assembled exports contracted dramatically to $4.8K in 2022. Overall, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 1,188%. Over the period under review, the exports hit record highs at $24K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Watch Movements; Complete and Assembled in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 8.4 | N/A | 3.8 | 2.4 | -34.1% |
China | 5.9 | 0.4 | 3.9 | 2.3 | -26.9% |
Kazakhstan | 9.6 | 0.3 | 1.3 | 0.1 | -78.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 24.0 | 0.7 | 9.0 | 4.8 | -41.5% |
Top Export Markets for Watch Movements; Complete and Assembled from Belarus in 2022:
- Russia (1068.0 units)
- China (43.0 units)
- Kazakhstan (5.0 units)
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
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