Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Ecuador - 2022

Contents:

  1. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Ecuador (CIF) - 2022
  2. Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Ecuador

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Ecuador (CIF) - 2022

The average import price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $3.5 per unit in 2022, falling by -61.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 128%. As a result, import price reached the peak level of $23 per unit. From 2021 to 2022, the average 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 United States ($38 per unit), while the price for China stood at $3.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+30.5%).

Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Ecuador

In 2022, the amount of watch movements; complete and assembled, not automatic winding or electrically operateds imported into Ecuador soared to 196 units, picking up by 155% on the previous year. In general, imports, however, showed a pronounced descent. Imports peaked at 226 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds dropped to $679 in 2022. Over the period under review, imports, however, saw a precipitous contraction. Imports peaked at $2.3K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13644.015964167.7%
United States1,76366713838.0-72.2%
South Korea83.039.0283N/A84.7%
Japan229N/AN/AN/A0%
Others57.027.0115N/A42.0%
Total2,268777695679-33.1%

Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Ecuador in 2022:

  1. China (195.0 units)
  2. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Watch movements; complete and assembled, not automatic winding or electrically operated - Ecuador