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

Contents:

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

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

The average import price for watches; complete movements, unassembled or partly assembled (movement sets) stood at $1.4 per unit in 2022, which is down by -14.1% against the previous year. Overall, the import price recorded a slight setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 49%. As a result, import price attained the peak level of $2.8 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

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 Hong Kong SAR ($3.5 per unit), while the price for Japan ($1.2 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 (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Imports of watches; complete movements, unassembled or partly assembled (movement sets) into Uruguay surged to 7.4K units in 2022, with an increase of 193% compared with the previous year. In general, imports showed significant growth. 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) skyrocketed to $10K in 2022. Over the period under review, imports saw a significant expansion. 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 Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan0.10.20.57.8327.3%
China0.10.10.32.2180.2%
United States3.01.62.9N/A-1.7%
Others1.30.30.30.2-46.4%
Total4.52.24.010.130.9%

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

  1. Japan (6.3K units)
  2. China (1.1K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Watches; complete movements, unassembled or partly assembled (movement sets) - Uruguay