Greece - Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrecious Metal Watch Price in Greece - 2023
Contents:
- Precious Metal Watch Price in Greece (CIF) - 2022
- Precious Metal Watch Price in Greece (FOB) - 2022
- Precious Metal Watch Imports in Greece
- Precious Metal Watch Exports in Greece
Precious Metal Watch Price in Greece (CIF) - 2022
In 2022, the average precious metal watch import price amounted to $357 per unit, which is down by -6.6% against the previous year. In general, the import price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 33%. As a result, import price reached the peak level of $382 per unit, and then fell in the following year.
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 France ($1,177 per unit), while the price for Belgium ($10 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Precious Metal Watch Price in Greece (FOB) - 2022
In 2022, the average precious metal watch export price amounted to $1,640 per unit, growing by 26% against the previous year. In general, the export price recorded resilient growth. The pace of growth was the most pronounced in 2020 an increase of 59%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($6,412 per unit), while the average price for exports to Cyprus ($456 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 the United Arab Emirates (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Precious Metal Watch Imports in Greece
In 2022, imports of precious metal watches into Greece soared to 145K units, growing by 30% on 2021 figures. Overall, imports, however, recorded a mild decline. Over the period under review, imports hit record highs at 154K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, precious metal watch imports soared to $52M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +99.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Precious Metal Watch in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 13.8 | 13.2 | 20.8 | 30.9 | 30.8% |
| Italy | 1.1 | 4.2 | 5.3 | 7.1 | 86.2% |
| France | 12.0 | 2.8 | 6.9 | 4.2 | -29.5% |
| Germany | 5.3 | 1.4 | 2.6 | 3.4 | -13.8% |
| Czech Republic | N/A | N/A | N/A | 0.9 | 0% |
| Netherlands | 1.5 | 1.1 | 1.2 | 0.8 | -18.9% |
| Spain | 0.6 | 0.4 | 0.8 | 0.8 | 10.1% |
| Belgium | N/A | N/A | N/A | 0.1 | 0% |
| Others | 3.2 | 2.9 | 5.3 | 3.8 | 5.9% |
| Total | 37.5 | 26.0 | 42.9 | 52.0 | 11.5% |
Top Suppliers of Precious Metal Watch to Greece in 2022:
- Switzerland (68.6K units)
- Czech Republic (18.4K units)
- Netherlands (13.9K units)
- Germany (9.7K units)
- Spain (8.2K units)
- Italy (6.3K units)
- Belgium (5.0K units)
- France (3.6K units)
Precious Metal Watch Exports in Greece
Precious metal watch exports from Greece contracted modestly to 20K units in 2022, remaining constant against 2021 figures. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +77.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 79%. As a result, the exports reached the peak of 21K units, and then dropped slightly in the following year.
In value terms, precious metal watch exports surged to $33M in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 114%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Precious Metal Watch in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.5 | 0.2 | 1.5 | 7.4 | 145.5% |
| Hong Kong SAR | 0.4 | 0.9 | 1.3 | 6.4 | 152.0% |
| Cyprus | 4.1 | 2.4 | 4.7 | 5.0 | 6.8% |
| United Arab Emirates | N/A | N/A | N/A | 2.5 | 0% |
| Germany | 1.9 | 3.1 | 3.2 | 2.1 | 3.4% |
| Italy | 0.1 | 0.1 | 0.6 | 1.8 | 162.1% |
| Belgium | 0.1 | 0.2 | 1.0 | 0.5 | 71.0% |
| Others | 3.2 | 5.8 | 14.6 | 7.6 | 33.4% |
| Total | 10.3 | 12.5 | 26.8 | 33.3 | 47.9% |
Top Export Markets for Precious Metal Watch from Greece in 2022:
- Cyprus (11.0K units)
- Germany (3.4K units)
- Switzerland (1.6K units)
- Hong Kong SAR (1.0K units)
- United Arab Emirates (0.7K units)
- Belgium (0.7K units)
- Italy (0.5K units)
This report provides an in-depth analysis of the precious metal watch market in Greece. 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:
- Greece
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Greece
- 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.
-
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
-
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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