Price for Watches; Incomplete Movements, Assembled in Hungary - 2023
Contents:
- Price for Watches; Incomplete Movements, Assembled in Hungary (CIF) - 2022
- Imports of Watches; Incomplete Movements, Assembled in Hungary
Price for Watches; Incomplete Movements, Assembled in Hungary (CIF) - 2022
The average watches; incomplete movements, assembled import price stood at $99 per unit in 2022, jumping by 245% against the previous year. Overall, the import price, however, saw a drastic downturn. The import price peaked at $826 per unit in 2017; however, from 2018 to 2022, 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 the Czech Republic ($573 per unit), while the price for Hong Kong SAR ($1.7 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.8%), while the prices for the other major suppliers experienced a decline.
Imports of Watches; Incomplete Movements, Assembled in Hungary
In 2022, approx. 20 units of watches; incomplete movements, assembleds were imported into Hungary; falling by -95.4% against 2021 figures. Overall, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2021 when imports increased by 173%. Imports peaked at 893 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, watches; incomplete movements, assembled imports contracted remarkably to $2K in 2022. In general, imports showed a sharp slump. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year. Over the period under review, imports attained the peak figure at $21K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Watches; Incomplete Movements, Assembled in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 3.9 | 4.0 | 1.6 | 1.7 | -24.2% |
| China | 11.9 | 4.6 | 10.4 | 0.2 | -74.4% |
| Hong Kong SAR | N/A | 1.2 | N/A | N/A | 0% |
| Vietnam | 4.5 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.2 | 0.5 | N/A | 0.0% |
| Total | 20.8 | 10.1 | 12.5 | 2.0 | -54.2% |
Top Suppliers of Watches; Incomplete Movements, Assembled to Hungary in 2022:
- China (13.0 units)
- Hong Kong SAR (4.0 units)
- Czech Republic (3.0 units)
305
This report provides an in-depth analysis of the rough watch movements market in Hungary.
565
This report provides an in-depth analysis of the global rough watch movements market.
305
This report provides an in-depth analysis of the rough watch movements market in Hungary.
565
This report provides an in-depth analysis of the global rough watch movements market.
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