Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in France - 2023

Contents:

  1. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in France (CIF) - 2022
  2. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in France (FOB) - 2022
  3. Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in France
  4. Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in France

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in France (CIF) - 2022

In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $21 per unit, waning by -54.9% against the previous year. Over the period under review, the import price, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 352% against the previous year. As a result, import price attained the peak level of $47 per unit, and then declined notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($166 per unit), while the price for Japan ($4.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in France (FOB) - 2022

In 2022, the average export price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $254 per unit, growing by 1,378% against the previous year. Overall, the export price saw resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($363 per unit), while the average price for exports to Spain ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in France

After two years of decline, supplies from abroad of watches; complete movements, unassembled or partly assembled (movement sets) increased by 492% to 30K units in 2022. In general, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) surged to $642K in 2022. 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.

Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland17925.117740030.7%
China58.237.27.919950.7%
Japan37.829.68.916.0-24.9%
Hong Kong SAR30.84.4N/A12.0-27.0%
Thailand3.11.8N/A4.08.9%
Others20.717.846.310.8-19.5%
Total33011624064224.8%

Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to France in 2022:

  1. China (22.4K units)
  2. Japan (3.5K units)
  3. Switzerland (2.4K units)
  4. Hong Kong SAR (1.0K units)
  5. Thailand (0.7K units)

Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in France

In 2022, after three years of growth, there was significant decline in shipments abroad of watches; complete movements, unassembled or partly assembled (movement sets), when their volume decreased by -98.1% to 471 units. In general, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 876%. As a result, the exports reached the peak of 25K units, and then fell remarkably in the following year.

In value terms, exports of watches; complete movements, unassembled or partly assembled (movement sets) declined dramatically to $120K in 2022. Over the period under review, exports, however, recorded resilient growth. The growth pace was the most rapid in 2020 with an increase of 346%. Over the period under review, the exports of hit record highs at $425K in 2021, and then reduced markedly in the following year.

Export of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland15.168.118510993.3%
Belgium0.62.13.22.663.0%
Netherlands0.51.61.21.956.0%
Portugal0.31.10.81.258.7%
Luxembourg0.40.82.21.035.7%
SpainN/A2.6N/A0.7-48.1%
ItalyN/A2.11.80.5-51.2%
United Arab Emirates55.5N/A1530.1-87.8%
South KoreaN/A25245.1N/A-82.1%
DjiboutiN/AN/A0.2N/A0%
Others8.430.232.12.9-29.8%
Total80.836042512014.1%

Top Export Markets for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) from France in 2022:

  1. Switzerland (300.0 units)
  2. Spain (41.0 units)
  3. Belgium (39.0 units)
  4. Portugal (23.0 units)
  5. Netherlands (18.0 units)
  6. Italy (17.0 units)
  7. Luxembourg (12.0 units)
  8. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform

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