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

Contents:

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

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

In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $0.3 per unit, growing by 4.5% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 219%. The import price peaked at $11 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2.3 per unit), while the price for Hungary amounted to $0.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+2.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, imports of watches; complete movements, unassembled or partly assembled (movement sets) into Romania soared to 84K units, with an increase of 156% on the previous year's figure. Overall, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,446%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) surged to $29K in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/AN/A6.016.4173.3%
JapanN/A1.82.39.1124.8%
China1.10.10.3N/A-47.8%
Others3.63.12.33.81.8%
Total4.74.911.029.484.3%

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

  1. Hungary (80.0K units)
  2. Japan (3.9K units)

Source: IndexBox Market Intelligence Platform

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