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

Contents:

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

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

In 2022, the average import price for watch movements; complete and assembleds amounted to $25 per unit, increasing by 111% against the previous year. In general, the import price saw a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +104.5% per year.

Imports of Watch Movements; Complete and Assembled in Ethiopia

Watch movements; complete and assembled imports into Ethiopia reduced notably to 33 units in 2022, which is down by -50.7% against 2021. Overall, imports faced a significant contraction. The smallest decline of -35.6% was in 2021. Imports peaked at 3.5K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, watch movements; complete and assembled imports totaled $821 in 2022. In general, imports saw a dramatic curtailment. Imports peaked at $26K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Watch Movements; Complete and Assembled in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A0.10.8700.0%
France21.2N/AN/AN/A0%
India1.90.30.3N/A-60.3%
United Arab Emirates2.30.40.3N/A-63.9%
Italy0.30.1N/AN/A-66.7%
Netherlands0.50.10.1N/A-55.3%
OthersN/AN/AN/AN/A0%
Total26.20.80.80.8-68.7%

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

  1. China (33.0 units)

Source: IndexBox Market Intelligence Platform

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