Price for Watch Movements; Complete and Assembled in Tunisia - 2022

Price for Watch Movements; Complete and Assembled in Tunisia (CIF) - 2022

In 2022, the average import price for watch movements; complete and assembleds amounted to $2.6 per unit, jumping by 27% against the previous year. In general, the import price saw prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 178% against the previous year. The import price peaked 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 France ($19 per unit), while the price for China totaled $1.6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+106.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Watch Movements; Complete and Assembled in Tunisia

In 2022, after two years of decline, there was significant decline in overseas purchases of watch movements; complete and assembleds, when their volume decreased by -51% to 3K units. In general, imports showed a precipitous contraction. Imports peaked at 7.5K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, watch movements; complete and assembled imports shrank rapidly to $7.7K in 2022. Overall, imports, however, showed a strong increase. Over the period under review, imports attained the maximum at $12K in 2021, and then reduced sharply in the following year.