Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Malaysia - 2024
Contents:
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Malaysia (FOB) - 2022
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Malaysia (CIF) - 2022
- Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Malaysia
- Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Malaysia
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Malaysia (FOB) - 2022
In 2022, the average export price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $13 per unit, with a decrease of -26.5% against the previous year. In general, the export price faced a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 256%. Over the period under review, the average export prices reached the peak figure at $54 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($74 per unit), while the average price for exports to China amounted to $13 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1,316.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Malaysia (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $40 per unit, picking up by 375% against the previous year. In general, the import price recorded a resilient expansion. The growth pace was the most rapid in 2021 when the average import price increased by 471%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($315 per unit), while the price for Hong Kong SAR ($3.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+15.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Malaysia
In 2022, approx. 347K units of watch movements; complete and assembled, not automatic winding or electrically operateds were exported from Malaysia; increasing by 451% on the previous year's figure. Overall, exports, however, faced a precipitous descent. The growth pace was the most rapid in 2021 when exports increased by 4,569% against the previous year. Over the period under review, the exports of attained the peak figure at 1.2M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds surged to $4.7M in 2022. In general, exports, however, faced a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 1,688% against the previous year. Over the period under review, the exports of reached the maximum at $16M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | N/A | 0.8 | 4.3 | 5.1% |
| Hong Kong SAR | 12.2 | N/A | N/A | N/A | 0% |
| Others | 0.4 | N/A | 0.3 | 0.3 | -9.1% |
| Total | 16.2 | 0.1 | 1.2 | 4.7 | -33.8% |
Top Export Markets for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated from Malaysia in 2022:
- China (346.8K units)
- Hong Kong SAR (0.1K units)
Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Malaysia
In 2022, approx. 2.6K units of watch movements; complete and assembled, not automatic winding or electrically operateds were imported into Malaysia; reducing by -65.9% compared with the previous year's figure. In general, imports recorded a significant decrease. The smallest decline of -48.6% was in 2020. Imports peaked at 354K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds skyrocketed to $103K in 2022. Overall, imports continue to indicate a precipitous setback. Over the period under review, imports of hit record highs at $683K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 31.5 | 29.4 | 24.3 | 68.0 | 29.2% |
| United States | 2.2 | N/A | 30.3 | 27.2 | 131.2% |
| Hong Kong SAR | 19.0 | 6.4 | 1.3 | 5.7 | -33.1% |
| Japan | 1.5 | N/A | N/A | 2.3 | 15.3% |
| China | 604 | 222 | 7.4 | N/A | -88.9% |
| Others | 24.1 | 10.1 | 0.3 | N/A | -88.8% |
| Total | 683 | 268 | 63.6 | 103 | -46.8% |
Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Malaysia in 2022:
- Hong Kong SAR (1571.0 units)
- United States (744.0 units)
- Switzerland (216.0 units)
- Japan (57.0 units)
278
This report provides an in-depth analysis of the assembled watch movements market in Malaysia.
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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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This report provides an in-depth analysis of the assembled watch movements market in Malaysia.
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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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