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

Contents:

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

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

In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $16 per unit, approximately mirroring the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 183% against the previous year. Over the period under review, average import prices hit record highs at $65 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.5% per year.

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

In 2022, overseas purchases of watches; complete movements, unassembled or partly assembled (movement sets) decreased by 0% to 536 units, falling for the second consecutive year after two years of growth. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 227% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) totaled $8.8K in 2022. Over the period under review, imports recorded a significant expansion. The smallest decline of -25.2% was in 2020. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.21.2N/A8.8253.0%
United States0.10.1N/AN/A0.0%
Others1.5N/AN/AN/A0%
Total1.71.3N/A8.873.0%

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

  1. China (536.0 units)

Source: IndexBox Market Intelligence Platform

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