Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Nepal - 2022
Contents:
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Nepal (CIF) - 2022
- Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Nepal
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Nepal (CIF) - 2022
The average import price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $19 per unit in 2022, shrinking by -83.3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 236%. As a result, import price attained the peak level of $125 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($20 per unit), while the price for India amounted to $8.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced a decline.
Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Nepal
In 2022, purchases abroad of watch movements; complete and assembled, not automatic winding or electrically operateds was finally on the rise to reach 186 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds soared to $3.6K in 2022. In general, imports, however, faced a sharp contraction. Over the period under review, imports of reached the peak figure at $9.7K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.5 | 1.4 | 0.2 | 3.5 | -18.6% |
| India | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| United States | 2.2 | 4.4 | 2.2 | N/A | 0.0% |
| Others | 0.8 | 0.4 | 0.2 | N/A | -50.0% |
| Total | 9.7 | 6.2 | 2.8 | 3.6 | -28.1% |
Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Nepal in 2022:
- China (176.0 units)
- India (10.0 units)
420
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
420
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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