Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Russia - 2022
Contents:
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Russia (CIF) - 2022
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Russia (FOB) - 2022
- Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Russia
- Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Russia
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Russia (CIF) - 2022
In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $0.8 per unit, reducing by -93.8% against the previous year. Overall, the import price saw a deep setback. The pace of growth was the most pronounced in 2021 an increase of 727% against the previous year. As a result, import price attained the peak level of $14 per unit, and then fell markedly in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +48.6% per year.
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Russia (FOB) - 2022
In 2022, the average export price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $1.5 per unit, jumping by 134% against the previous year. In general, the export price, however, continues to indicate a sharp reduction. The most prominent rate of growth was recorded in 2015 an increase of 268% against the previous year. The export price peaked at $127 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($3 per unit), while the average price for exports to Portugal ($0.2 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 Belarus (-20.7%), while the prices for the other major destinations experienced a decline.
Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Russia
After two years of decline, overseas purchases of watches; complete movements, unassembled or partly assembled (movement sets) increased by 406% to 1.5K units in 2022. Over the period under review, imports, however, faced a precipitous decline. Over the period under review, imports of reached the maximum at 26K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) reduced sharply to $1.3K in 2022. In general, imports, however, recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Imports peaked at $121K 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 Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 2.7 | N/A | 1.3 | -35.3% |
| Hong Kong SAR | 112 | N/A | N/A | N/A | 0% |
| Switzerland | 4.1 | N/A | 4.1 | N/A | 0.0% |
| Others | N/A | 1.0 | N/A | N/A | 0% |
| Total | 121 | 3.6 | 4.1 | 1.3 | -77.9% |
Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Russia in 2022:
- China (1.5K units)
Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Russia
In 2022, approx. 1.8K units of watches; complete movements, unassembled or partly assembled (movement sets) were exported from Russia; surging by 256% compared with the previous year's figure. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 8,367% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, exports of watches; complete movements, unassembled or partly assembled (movement sets) surged to $2.7K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Russia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Armenia | N/A | N/A | 24.0 | 2,217 | 9137.5% |
| Spain | N/A | N/A | N/A | 459 | 0% |
| Portugal | N/A | N/A | N/A | 22.0 | 0% |
| Belarus | N/A | N/A | 300 | N/A | 0% |
| Others | 528 | 180 | N/A | N/A | -65.9% |
| Total | 528 | 180 | 324 | 2,698 | 72.2% |
Top Export Markets for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) from Russia in 2022:
- Armenia (1563.0 units)
- Spain (155.0 units)
- Portugal (93.0 units)
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This report provides an in-depth analysis of the rough watch movements market in the Russian Federation.
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This report provides an in-depth analysis of the global rough watch movements market.
344
This report provides an in-depth analysis of the rough watch movements market in the Russian Federation.
557
This report provides an in-depth analysis of the global rough watch movements market.
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