Price for Watch Movements; Complete and Assembled in Ukraine - 2023

Contents:

  1. Price for Watch Movements; Complete and Assembled in Ukraine (CIF) - 2022
  2. Imports of Watch Movements; Complete and Assembled in Ukraine

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

In 2022, the average import price for watch movements; complete and assembleds amounted to $8.7 per unit, growing by 55% against the previous year. Overall, the import price, however, saw a pronounced shrinkage. The import price peaked at $13 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($15 per unit), while the price for China ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.4%), while the prices for the other major suppliers experienced a decline.

Imports of Watch Movements; Complete and Assembled in Ukraine

In 2022, the amount of watch movements; complete and assembleds imported into Ukraine contracted sharply to 6.1K units, waning by -44.1% on the previous year. Overall, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 35%. Over the period under review, imports reached the maximum at 12K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, watch movements; complete and assembled imports contracted to $52K in 2022. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. Over the period under review, imports hit record highs at $80K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Watch Movements; Complete and Assembled in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland55.435.640.142.9-8.2%
Japan7.27.913.58.24.4%
China6.53.61.30.9-48.3%
Hong Kong SAR8.51.64.80.2-71.3%
Others2.01.20.90.2-53.6%
Total79.649.960.652.4-13.0%

Top Suppliers of Watch Movements; Complete and Assembled to Ukraine in 2022:

  1. Switzerland (2.8K units)
  2. Japan (2.7K units)
  3. China (0.5K units)
  4. Hong Kong SAR (0.1K units)

Source: IndexBox Market Intelligence Platform

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