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

Contents:

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

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

The average import price for watches; complete movements, unassembled or partly assembled (movement sets) stood at $3 per unit in 2022, increasing by 40% against the previous year. Overall, the import price saw prominent growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 283% against the previous year. Over the period under review, average import prices reached the maximum at $3.2 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cyprus ($22 per unit), while the price for Japan ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+46.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas purchases of watches; complete movements, unassembled or partly assembled (movement sets) increased by 761% to 5.6K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep slump. Imports peaked at 10K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) surged to $17K in 2022. In general, imports, however, saw a abrupt decrease. Over the period under review, imports of attained the peak figure at $28K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan26.40.51.09.6-28.6%
CyprusN/AN/AN/A5.20%
ChinaN/A3.5N/A0.6-58.6%
Others2.10.70.41.3-14.8%
Total28.54.81.416.7-16.3%

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

  1. Japan (5.2K units)
  2. Cyprus (0.2K units)
  3. China (0.1K units)

Source: IndexBox Market Intelligence Platform

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