CIS: Assembled Watch Movements Market 2020

Assembled Watch Movements Market Size in CIS

The revenue of the assembled watch movements market in CIS amounted to $X in 2017, going down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The assembled watch movements consumption continues to indicate a strong growth. The pace of growth appeared the most rapid in 2014, with an increase of X% against the previous year. In that year, the assembled watch movements market reached their peak level of $X. From 2015 to 2017, growth of the assembled watch movements market failed to regain its momentum.

Assembled Watch Movements Exports in CIS

In 2017, assembled watch movements exports in CIS totaled X units, dropping by -X% against the previous year. The assembled watch movements exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2015, when exports increased by X% y-o-y. Over the period under review, the assembled watch movements exports attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, assembled watch movements exports amounted to $X in 2017. The assembled watch movements exports continue to indicate a drastic deduction. Over the period under review, the assembled watch movements exports attained its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Assembled Watch Movements Exports by Country in CIS

Russia (X units) and Belarus (X units) dominates assembled watch movements exports structure, together making up X% of total exports. It was distantly followed by Azerbaijan (X units), comprising X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Belarus (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, Russia ($X) remains the largest assembled watch movements supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports. It was followed by Azerbaijan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (+X% per year) and Azerbaijan (-X% per year).

Assembled Watch Movements Export Prices by Country in CIS

The assembled watch movements export price in CIS stood at $X per unit in 2017, reducing by -X% against the previous year. The assembled watch movements export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013, an increase of X% against the previous year. Over the period under review, the export prices for watch movements, complete and assembled attained its maximum level of $X per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Russia ($X per unit), while Azerbaijan ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Russia (+X% per year), while the other leaders experienced a decline in the export price figures.

Assembled Watch Movements Imports in CIS

In 2017, the amount of watch movements, complete and assembled imported in CIS amounted to X units, picking up by X% against the previous year. The assembled watch movements imports continue to indicate a remarkable growth. The pace of growth was the most pronounced in 2010, when imports increased by X% against the previous year. Over the period under review, the assembled watch movements imports attained its peak figure volume of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, assembled watch movements imports totaled $X in 2017. The assembled watch movements imports continue to indicate a strong expansion. The level of imports peaked in 2017, and are likely to see steady growth in the immediate term.

Assembled Watch Movements Imports by Country in CIS

The countries with the highest levels of assembled watch movements imports in 2017 were Russia (X units), together finishing at X% of total import.

Russia was also the fastest growing in terms of the watch movements, complete and assembled imports, with a CAGR of +X% from 2007 to 2017. While the share of Russia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported watch movements, complete and assembled in CIS.

From 2007 to 2017, the average annual growth rate of value in Russia amounted to +X%.

Assembled Watch Movements Import Prices by Country in CIS

In 2017, the assembled watch movements import price in CIS amounted to $X per thousand units, remaining stable against the previous year. The assembled watch movements import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when the import prices increased by X% year-to-year. In that year, the import prices for watch movements, complete and assembled reached their peak level of $X per thousand units. From 2010 to 2017, growth of the import prices for watch movements, complete and assembled stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by import prices for Russia.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (-X% per year).

Source: IndexBox Platform