Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Chile - 2024

Contents:

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

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

In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $199 per unit, with an increase of 138% against the previous year. In general, the import price saw a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 162%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($1,118 per unit), while the price for the United States ($109 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+174.5%), 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 Chile (FOB) - 2022

The average export price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $72 per unit in 2022, therefore, remained relatively stable against the previous year. In general, the export price recorded a strong expansion. The pace of growth appeared the most rapid in 2020 a decrease of -39.3%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Switzerland ($81 per unit), while the average price for exports to Bolivia amounted to $46 per unit.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+15.9%).

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

In 2022, approx. 129 units of watch movements; complete and assembled, not automatic winding or electrically operateds were imported into Chile; rising by 72% compared with 2021 figures. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 525% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds soared to $26K in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 710% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. Switzerland (102.0 units)
2. United States (23.0 units)

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

In 2022, overseas shipments of watch movements; complete and assembled, not automatic winding or electrically operateds decreased by 0% to 4 units, falling for the second consecutive year after two years of growth. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 650% against the previous year. As a result, the exports attained the peak of 15 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $289 in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 355%. As a result, the exports reached the peak of $578. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Switzerland (3.0 units)
2. Bolivia (1.0 units)

Source: IndexBox Market Intelligence Platform