Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Japan - 2022
Contents:
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Japan (FOB) - 2022
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Japan (CIF) - 2022
- Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Japan
- Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Japan
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Japan (FOB) - 2022
In 2022, the average export price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $35 per unit, waning by -12.2% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 43%. The export price peaked at $48 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($35 per unit), while the average price for exports to China stood at $35 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+0.2%).
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Japan (CIF) - 2022
In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $16 per unit, growing by 11% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 17%. As a result, import price reached the peak level of $21 per unit. From 2016 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 Singapore ($20 per unit), while the price for Hong Kong SAR ($2.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+15.3%), while the prices for the other major suppliers experienced a decline.
Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Japan
In 2022, exports of watches; complete movements, unassembled or partly assembled (movement sets) from Japan dropped sharply to 402K units, reducing by -17% on the previous year. Overall, exports saw a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 9% against the previous year. Over the period under review, the exports of reached the maximum at 813K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of watches; complete movements, unassembled or partly assembled (movement sets) fell dramatically to $14M in 2022. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 2.4% against the previous year. The exports peaked at $24M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 24.1 | 18.8 | 19.4 | 13.7 | -17.2% |
| China | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Total | 24.1 | 18.9 | 19.4 | 14.1 | -16.4% |
Top Export Markets for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) from Japan in 2022:
- Hong Kong SAR (388.7K units)
- China (10.0K units)
Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Japan
Imports of watches; complete movements, unassembled or partly assembled (movement sets) into Japan reduced dramatically to 41K units in 2022, declining by -56.8% against 2021. Over the period under review, imports faced a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 27%. As a result, imports reached the peak of 96K units, and then contracted markedly in the following year.
In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) dropped dramatically to $677K in 2022. In general, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 23%. As a result, imports reached the peak of $1.4M, and then contracted markedly in the following year.
| Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 799 | 870 | 1,181 | 379 | -22.0% |
| Switzerland | 272 | 167 | 194 | 256 | -2.0% |
| Hong Kong SAR | 12.6 | 22.0 | 1.9 | 19.9 | 16.5% |
| China | 144 | 37.1 | 22.3 | 18.3 | -49.7% |
| Germany | 67.5 | 48.7 | N/A | N/A | -27.9% |
| Others | 6.1 | 3.1 | 11.7 | 3.7 | -15.4% |
| Total | 1,302 | 1,148 | 1,411 | 677 | -19.6% |
Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Japan in 2022:
- Singapore (19.3K units)
- Switzerland (13.0K units)
- Hong Kong SAR (7.0K units)
- China (1.9K units)
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This report provides an in-depth analysis of the rough watch movements market in Japan.
537
This report provides an in-depth analysis of the global rough watch movements market.
369
This report provides an in-depth analysis of the rough watch movements market in Japan.
537
This report provides an in-depth analysis of the global rough watch movements market.
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