South-Eastern Asia: Assembled Watch Movements Market 2020

Assembled Watch Movements Exports in South-Eastern Asia

In 2017, approx. X units of watch movements, complete and assembled were exported in South-Eastern Asia; growing by X% against the previous year. The assembled watch movements exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the assembled watch movements exports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, assembled watch movements exports amounted to $X in 2017. The assembled watch movements exports continue to indicate a deep downturn. The level of exports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Assembled Watch Movements Exports by Country in South-Eastern Asia

The exports of the one major exporters of watch movements, complete and assembled, namely Malaysia, represented more than two-thirds of total export.

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

In value terms, Malaysia ($X) also remains the largest assembled watch movements supplier in South-Eastern Asia.

From 2007 to 2017, the average annual growth rate of value in Malaysia stood at -X%.

Assembled Watch Movements Export Prices by Country in South-Eastern Asia

The assembled watch movements export price in South-Eastern Asia stood at $X per thousand units in 2017, lowering by -X% against the previous year. The assembled watch movements export price continues to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2012, when the export prices increased by X% y-o-y. Over the period under review, the export prices for watch movements, complete and assembled reached its peak figure level of $X per thousand units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

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

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

Assembled Watch Movements Imports in South-Eastern Asia

In 2017, the amount of watch movements, complete and assembled imported in South-Eastern Asia totaled X units, coming up by X% against the previous year. The assembled watch movements imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when it surged by X% y-o-y. Over the period under review, the assembled watch movements imports reached its maximum volume of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, assembled watch movements imports stood at $X in 2017. The assembled watch movements imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Assembled Watch Movements Imports by Country in South-Eastern Asia

Singapore represented the main importer of watch movements, complete and assembled in South-Eastern Asia, with the volume of imports recording X units, which was near X% of total imports in 2017. It was distantly followed by Indonesia (X units) and the Philippines (X units), together comprising X% share of total imports. Vietnam (X units), Thailand (X units) and Malaysia (X units) followed a long way behind the leaders.

Imports into Singapore increased at an average annual rate of +X% from 2007 to 2017. At the same time, Indonesia (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. Malaysia experienced a relatively flat trend pattern. By contrast, the Philippines (-X%) and Vietnam (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Vietnam and the Philippines increased by X% and X% percentage points, while Thailand (-X%), Indonesia (-X%) and Singapore (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X), Singapore ($X) and Thailand ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

Among the main importing countries , Malaysia (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Assembled Watch Movements Import Prices by Country in South-Eastern Asia

The assembled watch movements import price in South-Eastern Asia stood at $X per thousand units in 2017, dropping by -X% 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 2014, when it surged by X% y-o-y. Over the period under review, the import prices for watch movements, complete and assembled reached its peak figure level of $X per thousand units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Malaysia ($X per unit), while Indonesia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Malaysia (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform