Price for Watches; Incomplete Movements, Assembled in Chile - 2022

Price for Watches; Incomplete Movements, Assembled in Chile (CIF) - 2022

In 2022, the average watches; incomplete movements, assembled import price amounted to $35 per unit, with a decrease of -18.5% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2013 an increase of 244%. As a result, import price attained the peak level of $249 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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 China amounted to -6.9% per year.

Imports of Watches; Incomplete Movements, Assembled in Chile

In 2022, the amount of watches; incomplete movements, assembleds imported into Chile skyrocketed to 11 units, growing by 120% compared with the previous year. In general, imports, however, recorded a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 150% against the previous year. Imports peaked at 48 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, watches; incomplete movements, assembled imports soared to $386 in 2022. Overall, imports, however, continue to indicate a precipitous descent. The growth pace was the most rapid in 2021 when imports increased by 211% against the previous year. Over the period under review, imports reached the peak figure at $3.8K in 2019; however, from 2020 to 2022, imports failed to regain momentum.