Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Slovenia - 2023

Contents:

1. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Slovenia (CIF) - 2022
2. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Slovenia (FOB) - 2022
3. Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Slovenia
4. Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Slovenia

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Slovenia (CIF) - 2022

In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $4.1 per unit, shrinking by -24.4% against the previous year. Overall, the import price recorded a perceptible downturn. The growth pace was the most rapid in 2018 when the average import price increased by 688% against the previous year. As a result, import price attained the peak level of $27 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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 Spain ($15 per unit), while the price for Germany ($2.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Slovenia (FOB) - 2022

In 2022, the average export price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $18 per unit, which is down by -47.1% against the previous year. In general, the export price, however, enjoyed slight growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 233% against the previous year. The export price peaked at $68 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +10.7% per year.

Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Slovenia

In 2022, the amount of watches; complete movements, unassembled or partly assembled (movement sets) imported into Slovenia reduced to 179 units, falling by -5.3% compared with the previous year's figure. Over the period under review, imports faced a sharp downturn. Over the period under review, imports of hit record highs at 1.9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) dropped significantly to $732 in 2022. Overall, imports saw a sharp downturn. Over the period under review, imports of hit record highs at $6.3K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Slovenia in 2022:

1. Japan (91.0 units)
2. Germany (77.0 units)
3. Spain (8.0 units)

Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Slovenia

In 2022, exports of watches; complete movements, unassembled or partly assembled (movement sets) from Slovenia amounted to 1 units, flattening at the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of watches; complete movements, unassembled or partly assembled (movement sets) contracted notably to $18 in 2022. In general, exports continue to indicate a significant decline. Over the period under review, the exports of hit record highs at $34 in 2021, and then declined markedly in the following year.

Top Export Markets for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) from Slovenia in 2022:

1. Bosnia and Herzegovina (1.0 units)

Source: IndexBox Market Intelligence Platform