Price for Watch Movements; Complete and Assembled in Guatemala - 2023
Contents:
- Price for Watch Movements; Complete and Assembled in Guatemala (CIF) - 2022
- Imports of Watch Movements; Complete and Assembled in Guatemala
Price for Watch Movements; Complete and Assembled in Guatemala (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembleds amounted to $46 per unit, waning by -57.4% against the previous year. In general, the import price, however, showed a prominent increase. The growth pace was the most rapid in 2020 an increase of 58% against the previous year. Over the period under review, average import prices attained the maximum at $107 per unit in 2021, and then contracted remarkably in the following year.
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 Panama ($353 per unit), while the price for Switzerland ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+56.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Watch Movements; Complete and Assembled in Guatemala
In 2022, supplies from abroad of watch movements; complete and assembleds was finally on the rise to reach 576 units after two years of decline. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, watch movements; complete and assembled imports soared to $26K in 2022. Overall, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Watch Movements; Complete and Assembled in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.2 | 0.1 | N/A | 10.0 | 268.4% |
| United States | 3.3 | 0.3 | 0.2 | 5.0 | 14.9% |
| Panama | 0.2 | 0.1 | 0.1 | 4.6 | 184.4% |
| Germany | 4.1 | 2.2 | 1.7 | N/A | -35.6% |
| Philippines | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Mexico | 7.5 | 3.6 | 2.6 | N/A | -41.1% |
| Others | 2.0 | 0.5 | 0.4 | 6.7 | 49.6% |
| Total | 17.3 | 6.9 | 5.2 | 26.3 | 15.0% |
Top Suppliers of Watch Movements; Complete and Assembled to Guatemala in 2022:
- Switzerland (445.0 units)
- United States (109.0 units)
- Panama (13.0 units)
388
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
388
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
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