Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Morocco - 2023
Contents:
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Morocco (CIF) - 2022
- Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Morocco
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Morocco (CIF) - 2022
The average import price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $166 per unit in 2022, picking up by 186% against the previous year. Overall, the import price continues to indicate strong growth. The pace of growth appeared the most rapid in 2016 an increase of 659% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($191 per unit), while the price for France ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+64.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Morocco
In 2022, imports of watch movements; complete and assembled, not automatic winding or electrically operateds into Morocco shrank sharply to 14 units, with a decrease of -91.7% against the previous year's figure. Over the period under review, imports recorded a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 250% against the previous year. As a result, imports attained the peak of 168 units, and then shrank notably in the following year.
In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds reduced dramatically to $2.3K in 2022. In general, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 101% against the previous year. As a result, imports attained the peak of $9.7K, and then contracted notably in the following year.
| Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 400 | 842 | 1,530 | 1,938 | 69.2% |
| Denmark | N/A | N/A | N/A | 381 | 0% |
| France | 439 | 73.0 | 10.0 | 1.0 | -86.8% |
| Spain | 77.0 | 1.0 | 1,648 | N/A | 362.6% |
| China | 831 | 142 | 280 | N/A | -42.0% |
| United Kingdom | 554 | 664 | 680 | N/A | 10.8% |
| Netherlands | 836 | 2,205 | 4,726 | N/A | 137.8% |
| Others | 439 | 922 | 849 | N/A | 39.1% |
| Total | 3,576 | 4,849 | 9,723 | 2,320 | -13.4% |
Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Morocco in 2022:
- Switzerland (11.0 units)
- Denmark (2.0 units)
- France (1.0 units)
429
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
429
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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