Price for Watches; Incomplete Movements, Assembled in Turkey - 2023
Contents:
- Price for Watches; Incomplete Movements, Assembled in Turkey (CIF) - 2022
- Imports of Watches; Incomplete Movements, Assembled in Turkey
Price for Watches; Incomplete Movements, Assembled in Turkey (CIF) - 2022
The average watches; incomplete movements, assembled import price stood at $440 per unit in 2022, with a decrease of -34.4% against the previous year. Over the period under review, the import price, however, continues to indicate a temperate expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 83%. Over the period under review, average import prices hit record highs at $671 per unit in 2021, and then declined sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($739 per unit), while the price for Japan ($18 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Watches; Incomplete Movements, Assembled in Turkey
In 2022, overseas purchases of watches; incomplete movements, assembleds decreased by -88.8% to 13 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 675%. Over the period under review, imports reached the maximum at 116 units in 2021, and then dropped significantly in the following year.
In value terms, watches; incomplete movements, assembled imports declined remarkably to $5.8K in 2022. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,357%. Imports peaked at $78K in 2021, and then contracted rapidly in the following year.
| Import of Watches; Incomplete Movements, Assembled in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.3 | 10.1 | 39.0 | 5.1 | 157.1% |
| Thailand | N/A | N/A | N/A | 0.7 | 0% |
| Japan | N/A | N/A | N/A | 0.1 | 0% |
| Hong Kong SAR | 0.5 | 13.2 | 18.7 | N/A | 511.6% |
| China | 1.8 | 12.9 | 15.8 | N/A | 196.3% |
| Netherlands | 0.2 | 4.1 | 4.3 | N/A | 363.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.8 | 40.3 | 77.9 | 5.8 | 27.5% |
Top Suppliers of Watches; Incomplete Movements, Assembled to Turkey in 2022:
- Switzerland (7.0 units)
- Japan (4.0 units)
- Thailand (3.0 units)
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This report provides an in-depth analysis of the rough watch movements market in Turkey.
537
This report provides an in-depth analysis of the global rough watch movements market.
304
This report provides an in-depth analysis of the rough watch movements market in Turkey.
537
This report provides an in-depth analysis of the global rough watch movements market.
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