Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Argentina - 2023

Contents:

1. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Argentina (CIF) - 2022
2. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Argentina (FOB) - 2022
3. Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Argentina
4. Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Argentina

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Argentina (CIF) - 2022

The average import price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $100 per unit in 2022, remaining stable against the previous year. Over the period under review, the import price recorded a buoyant increase. The growth pace was the most rapid in 2019 when the average import price increased by 297%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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 ($104 per unit), while the price for China totaled $3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+59.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Argentina (FOB) - 2022

The average export price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $74 per unit in 2022, waning by -49.4% against the previous year. In general, the export price, however, continues to indicate a temperate expansion. The pace of growth appeared the most rapid in 2014 an increase of 60% against the previous year. The export price peaked at $150 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($441 per unit), while the average price for exports to Uruguay ($17 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 France (+77.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Argentina

For the third consecutive year, Argentina recorded decline in overseas purchases of watch movements; complete and assembled, not automatic winding or electrically operateds, which decreased by 0% to 22 units in 2022. In general, imports continue to indicate a dramatic descent. The smallest decline of -96.6% was in 2020. Over the period under review, imports of attained the peak figure at 147 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds stood at $2.2K in 2022. Overall, imports saw a dramatic slump. The smallest decline of -98.9% was in 2020. Imports peaked at $8.2K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Argentina in 2022:

1. Switzerland (21.0 units)
2. China (1.0 units)

Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Argentina

In 2022, the amount of watch movements; complete and assembled, not automatic winding or electrically operateds exported from Argentina surged to 21 units, rising by 133% against 2021. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds surged to $1.6K in 2022. Overall, total exports indicated a significant expansion from 2020 to 2022: its value increased at an average annual rate of +31.3% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 46% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated from Argentina in 2022:

1. Uruguay (15.0 units)
2. Poland (2.0 units)
3. France (1.0 units)
4. Austria (1.0 units)
5. Chile (1.0 units)
6. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform