Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Luxembourg - 2023
Contents:
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Luxembourg (CIF) - 2022
- Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Luxembourg
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Luxembourg (CIF) - 2022
In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $56 per unit, reducing by -15.2% against the previous year. In general, the import price, however, posted a significant increase. The pace of growth was the most pronounced in 2013 an increase of 1,371%. The import price peaked at $181 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($65 per unit), while the price for Singapore ($55 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+506.0%), 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 Luxembourg
Imports of watches; complete movements, unassembled or partly assembled (movement sets) into Luxembourg declined significantly to 15 units in 2022, shrinking by -51.6% compared with the previous year. In general, imports recorded a sharp setback. The smallest decline of -29.5% was in 2021. Imports peaked at 88 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) contracted markedly to $844 in 2022. Over the period under review, imports recorded a dramatic curtailment. The smallest decline of -8.1% was in 2021. Over the period under review, imports of reached the maximum at $3.2K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | 93.0 | 720 | 674.2% |
| Germany | 2,148 | 1,697 | N/A | 65.0 | -68.8% |
| France | N/A | 128 | 321 | 59.0 | -32.1% |
| Belgium | 903 | 413 | N/A | N/A | -54.3% |
| Switzerland | 142 | N/A | 1,642 | N/A | 240.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3,193 | 2,238 | 2,056 | 844 | -35.8% |
Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Luxembourg in 2022:
- Singapore (13.0 units)
- France (1.0 units)
- Germany (1.0 units)
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This report provides an in-depth analysis of the rough watch movements market in Luxembourg.
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This report provides an in-depth analysis of the global rough watch movements market.
373
This report provides an in-depth analysis of the rough watch movements market in Luxembourg.
557
This report provides an in-depth analysis of the global rough watch movements market.
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