Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Germany - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Germany (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Germany (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Germany
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Germany
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Germany (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $11 per unit in 2022, rising by 3.1% against the previous year. Over the period under review, the import price posted a prominent expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 92%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
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 the UK ($123 per unit), while the price for China ($5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Germany (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $17 per unit, which is down by -16.7% against the previous year. Overall, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2017 an increase of 48%. Over the period under review, the average export prices hit record highs at $24 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($40 per unit), while the average price for exports to Australia ($3.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Germany
After two years of decline, supplies from abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds increased by 13% to 207K units in 2022. In general, imports, however, recorded a precipitous decline. Imports peaked at 571K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds surged to $2.3M in 2022. Over the period under review, imports, however, showed a deep setback. Imports peaked at $2.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,643 | 1,051 | 540 | 659 | -26.3% |
| Switzerland | 255 | 249 | 411 | 492 | 24.5% |
| France | 54.7 | 170 | 346 | 357 | 86.9% |
| Hong Kong SAR | 358 | 294 | 125 | 240 | -12.5% |
| Poland | 115 | 135 | 190 | 145 | 8.0% |
| Spain | 12.7 | 68.9 | 29.7 | 69.8 | 76.5% |
| Others | 366 | 413 | 349 | 365 | -0.1% |
| Total | 2,804 | 2,380 | 1,991 | 2,327 | -6.0% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Germany in 2022:
- China (132.6K units)
- Hong Kong SAR (36.1K units)
- Poland (12.5K units)
- France (5.3K units)
- Spain (4.9K units)
- Switzerland (4.1K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Germany
In 2022, after two years of decline, there was significant growth in shipments abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds, when their volume increased by 100% to 106K units. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds skyrocketed to $1.8M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 96.4 | 86.9 | 63.4 | 478 | 70.5% |
| Switzerland | 113 | 152 | 228 | 211 | 23.1% |
| Belgium | 17.1 | 45.2 | 32.2 | 209 | 130.3% |
| France | 63.3 | 95.7 | 94.3 | 206 | 48.2% |
| Italy | 62.5 | 87.6 | 80.1 | 128 | 27.0% |
| Spain | 42.3 | 31.9 | 54.9 | 78.3 | 22.8% |
| Poland | 139 | 129 | 47.1 | 59.3 | -24.7% |
| Netherlands | 71.1 | 45.6 | 41.4 | 33.5 | -22.2% |
| Czech Republic | 45.1 | 58.7 | 16.7 | 23.1 | -20.0% |
| United Kingdom | 59.2 | 129 | 15.3 | 19.0 | -31.5% |
| Australia | N/A | N/A | 0.4 | 9.2 | 2200.0% |
| Others | 362 | 366 | 402 | 344 | -1.7% |
| Total | 1,071 | 1,228 | 1,077 | 1,798 | 18.9% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Germany in 2022:
- Austria (35.6K units)
- France (14.0K units)
- Belgium (11.3K units)
- Poland (7.0K units)
- Switzerland (6.5K units)
- Spain (5.0K units)
- Czech Republic (4.3K units)
- Netherlands (3.7K units)
- Italy (3.2K units)
- Australia (2.5K units)
- United Kingdom (1.4K units)
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