Price for Watch Movements; Complete and Assembled in Kazakhstan - 2021

Contents:

  1. Price for Watch Movements; Complete and Assembled in Kazakhstan (CIF) - 2022
  2. Imports of Watch Movements; Complete and Assembled in Kazakhstan

Price for Watch Movements; Complete and Assembled in Kazakhstan (CIF) - 2022

In 2022, the average import price for watch movements; complete and assembleds amounted to $18 per unit, falling by -81.3% against the previous year. In general, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 261%. As a result, import price attained the peak level of $128 per unit. From 2019 to 2022, the average import prices remained at a somewhat 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 Russia ($90 per unit), while the price for China ($7.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+36.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Watch Movements; Complete and Assembled in Kazakhstan

In 2022, approx. 2.8K units of watch movements; complete and assembleds were imported into Kazakhstan; increasing by 116% on the previous year. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, watch movements; complete and assembled imports dropped rapidly to $49K in 2022. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 520%. Over the period under review, imports attained the peak figure at $121K in 2021, and then contracted notably in the following year.

Import of Watch Movements; Complete and Assembled in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/A0.34.120.8732.7%
Russia0.50.34.312.2190.0%
Japan0.31.36.96.4177.3%
China2.429.04.24.220.5%
SwitzerlandN/A17.34.72.1-65.2%
Belarus4.78.720.70.6-49.6%
Germany0.20.94.6N/A379.6%
United Arab Emirates3.011.556.3N/A333.2%
Others1.16.514.82.429.7%
Total12.275.812148.658.5%

Top Suppliers of Watch Movements; Complete and Assembled to Kazakhstan in 2022:

  1. Thailand (1354.0 units)
  2. China (535.0 units)
  3. Japan (344.0 units)
  4. Switzerland (141.0 units)
  5. Russia (136.0 units)
  6. Belarus (17.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Watch movements; complete and assembled - Kazakhstan