Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Ecuador - 2022
Contents:
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Ecuador (CIF) - 2022
- Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Ecuador
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Ecuador (CIF) - 2022
The average import price for watches; complete movements, unassembled or partly assembled (movement sets) stood at $187 per unit in 2022, increasing by 22% against the previous year. Overall, the import price, however, recorded a sharp descent. Over the period under review, average import prices attained the peak figure at $2,878 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($521 per unit), while the price for China ($173 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+42.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Ecuador
In 2022, the amount of watches; complete movements, unassembled or partly assembled (movement sets) imported into Ecuador soared to 32 units, with an increase of 52% compared with 2021. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 75%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) soared to $6K in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 1.9 | 3.0 | 5.2 | 26.0% |
| Japan | N/A | N/A | N/A | 0.5 | 0% |
| Hong Kong SAR | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.6 | 1.9 | 3.2 | 6.0 | 32.1% |
Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Ecuador in 2022:
- China (30.0 units)
- Japan (1.0 units)
- Hong Kong SAR (1.0 units)
283
This report provides an in-depth analysis of the rough watch movements market in Ecuador.
565
This report provides an in-depth analysis of the global rough watch movements market.
283
This report provides an in-depth analysis of the rough watch movements market in Ecuador.
565
This report provides an in-depth analysis of the global rough watch movements market.
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