Price for Watches; Incomplete Movements, Assembled in Ireland - 2023

Contents:

  1. Price for Watches; Incomplete Movements, Assembled in Ireland (CIF) - 2022
  2. Imports of Watches; Incomplete Movements, Assembled in Ireland

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

In 2022, the average watches; incomplete movements, assembled import price amounted to $153 per unit, picking up by 12% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $163 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 UK ($158 per unit), while the price for Hong Kong SAR ($39 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.1%), while the prices for the other major suppliers experienced a decline.

Imports of Watches; Incomplete Movements, Assembled in Ireland

In 2022, the amount of watches; incomplete movements, assembleds imported into Ireland skyrocketed to 35 units, rising by 483% against the previous year's figure. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, watches; incomplete movements, assembled imports soared to $5.3K in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Watches; Incomplete Movements, Assembled in Ireland (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
SwitzerlandN/A4.80%
United Kingdom0.60.5-16.7%
Hong Kong SARN/AN/A0%
ChinaN/AN/A0%
Others0.10.10.0%
Total0.85.3562.5%

Top Suppliers of Watches; Incomplete Movements, Assembled to Ireland in 2022:

  1. Switzerland (31.0 units)
  2. United Kingdom (3.0 units)
  3. Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform

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