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

Contents:

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

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

In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $7.6 per unit, picking up by 353% against the previous year. Overall, the import price enjoyed strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($117 per unit), while the price for China ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+13.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of watches; complete movements, unassembled or partly assembled (movement sets) into Chile reduced remarkably to 289 units, shrinking by -99.4% on the previous year. Overall, imports faced a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 447%. As a result, imports attained the peak of 49K units, and then plummeted in the following year.

In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) shrank rapidly to $2.2K in 2022. In general, imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 409%. As a result, imports attained the peak of $82K, and then declined markedly in the following year.

Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland4.27.528.31.2-34.1%
Spain0.60.89.20.5-5.9%
China2.40.40.50.1-65.3%
Hong Kong SAR4.82.18.0N/A29.1%
Japan5.73.726.7N/A116.4%
Others16.61.79.70.4-71.1%
Total34.216.282.42.2-59.9%

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

  1. China (267.0 units)
  2. Switzerland (10.0 units)
  3. Spain (8.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Watches; complete movements, unassembled or partly assembled (movement sets) - Chile