Germany - Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrecious Metal Watch Price in Germany - 2023
Contents:
- Precious Metal Watch Price in Germany (CIF) - 2022
- Precious Metal Watch Price in Germany (FOB) - 2022
- Precious Metal Watch Imports in Germany
- Precious Metal Watch Exports in Germany
Precious Metal Watch Price in Germany (CIF) - 2022
In 2022, the average precious metal watch import price amounted to $11,292 per unit, with a decrease of -8.8% against the previous year. Overall, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 5.3%. Over the period under review, average import prices reached the maximum at $25,107 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($13,286 per unit), while the price for China ($514 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+0.1%), while the prices for the other major suppliers experienced a decline.
Precious Metal Watch Price in Germany (FOB) - 2022
The average precious metal watch export price stood at $15,510 per unit in 2022, reducing by -16.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 23%. As a result, the export price attained the peak level of $18,562 per unit, and then contracted rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($55,219 per unit), while the average price for exports to Japan ($3,492 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 Singapore (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Precious Metal Watch Imports in Germany
In 2022, approx. 62K units of precious metal watches were imported into Germany; picking up by 19% on the previous year. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, precious metal watch imports rose markedly to $695M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 54%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Precious Metal Watch in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 400 | 310 | 409 | 507 | 8.2% |
| Netherlands | 3.3 | 23.5 | 147 | 116 | 227.6% |
| France | 35.1 | 32.0 | 29.2 | 15.3 | -24.2% |
| Lithuania | 2.0 | 0.8 | 12.5 | 6.7 | 49.6% |
| Greece | 10.1 | 6.3 | 9.0 | 5.4 | -18.8% |
| Italy | 9.6 | 4.1 | 4.1 | 5.2 | -18.5% |
| China | 0.4 | 0.4 | 1.4 | 1.2 | 44.2% |
| Others | 39.4 | 39.8 | 29.6 | 37.5 | -1.6% |
| Total | 499 | 416 | 641 | 695 | 11.7% |
Top Suppliers of Precious Metal Watch to Germany in 2022:
- Switzerland (38.2K units)
- Netherlands (13.4K units)
- China (2.4K units)
- Italy (1.0K units)
- Lithuania (1.0K units)
- France (0.9K units)
- Greece (0.7K units)
Precious Metal Watch Exports in Germany
In 2022, the amount of precious metal watches exported from Germany rose notably to 28K units, picking up by 14% compared with the previous year. In general, exports, however, showed a perceptible downturn. The exports peaked at 32K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, precious metal watch exports dropped modestly to $431M in 2022. Overall, exports, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2021 when exports increased by 36%. The exports peaked at $457M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Precious Metal Watch in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 188 | 114 | 155 | 167 | -3.9% |
| France | 67.1 | 44.3 | 53.0 | 64.9 | -1.1% |
| Hong Kong SAR | 55.1 | 59.2 | 75.2 | 54.7 | -0.2% |
| United States | 10.3 | 11.8 | 19.1 | 19.5 | 23.7% |
| Austria | 16.1 | 7.6 | 11.5 | 12.3 | -8.6% |
| Macao SAR | 1.2 | 3.1 | 8.7 | 11.6 | 113.0% |
| Japan | 15.7 | 12.2 | 11.3 | 9.3 | -16.0% |
| Italy | 6.0 | 3.8 | 7.0 | 6.6 | 3.2% |
| Netherlands | 6.5 | 5.7 | 8.5 | 5.8 | -3.7% |
| United Kingdom | 12.1 | 13.4 | 8.2 | 4.9 | -26.0% |
| Spain | 4.4 | 2.6 | 2.7 | 2.9 | -13.0% |
| Kazakhstan | 0.1 | 0.1 | N/A | 2.0 | 171.4% |
| Others | 74.6 | 54.6 | 91.0 | 69.1 | -2.5% |
| Total | 457 | 332 | 451 | 431 | -1.9% |
Top Export Markets for Precious Metal Watch from Germany in 2022:
- Switzerland (7.7K units)
- France (5.1K units)
- Japan (2.7K units)
- Hong Kong SAR (1.9K units)
- United States (1.3K units)
- Macao SAR (1.0K units)
- Austria (0.9K units)
- Italy (0.8K units)
- Netherlands (0.6K units)
- Spain (0.6K units)
- Kazakhstan (0.5K units)
- United Kingdom (0.3K units)
This report provides an in-depth analysis of the precious metal watch market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521100 - Wrist-watches, pocket-watches, with case of precious metal or of metal clad with precious metal
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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