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

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

The average watches; incomplete movements, assembled import price stood at $105 per unit in 2020, increasing by 1,670% against the previous year. Overall, the import price, however, recorded a deep downturn. Over the period under review, average import prices hit record highs at $203 per unit in 2016; however, from 2017 to 2020, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2016 to 2020, the rate of growth in terms of prices for Japan amounted to -4.0% per year.

Imports of Watches; Incomplete Movements, Assembled in Finland

In 2020, the amount of watches; incomplete movements, assembleds imported into Finland plummeted to 4 units, falling by -78.9% on the previous year. In general, imports faced a precipitous contraction. Imports peaked at 19 units in 2019, and then dropped rapidly in the following year.

In value terms, watches; incomplete movements, assembled imports soared to $421 in 2020. Over the period under review, imports, however, continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.