Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Nepal - 2022
Contents:
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Nepal (CIF) - 2022
- Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Nepal
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Nepal (CIF) - 2022
In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $11 per unit, jumping by 41% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $11 per unit in 2012; however, from 2013 to 2022, 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 China ($19 per unit), while the price for Japan stood at $6.8 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.8%).
Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Nepal
In 2022, approx. 22K units of watches; complete movements, unassembled or partly assembled (movement sets) were imported into Nepal; which is down by -79.4% compared with 2021 figures. Overall, imports recorded a sharp descent. The pace of growth was the most pronounced in 2021 when imports increased by 104% against the previous year. Over the period under review, imports of hit record highs at 193K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) reduced markedly to $248K in 2022. Over the period under review, imports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2021 when imports increased by 41%. Imports peaked at $1.6M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 90.4 | 10.3 | 12.5 | 148 | 17.9% |
| Japan | 1,436 | 523 | 761 | 100 | -58.9% |
| Others | 88.5 | 73.5 | 80.0 | N/A | -4.9% |
| Total | 1,615 | 607 | 854 | 248 | -46.4% |
Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Nepal in 2022:
- Japan (14.7K units)
- China (7.8K units)
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This report provides an in-depth analysis of the rough watch movements market in Nepal.
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This report provides an in-depth analysis of the global rough watch movements market.
49
This report provides an in-depth analysis of the rough watch movements market in Nepal.
537
This report provides an in-depth analysis of the global rough watch movements market.
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