Romania - Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrecious Metal Watch Price in Romania - 2023
Contents:
- Precious Metal Watch Price in Romania (CIF) - 2022
- Precious Metal Watch Price in Romania (FOB) - 2022
- Precious Metal Watch Imports in Romania
- Precious Metal Watch Exports in Romania
Precious Metal Watch Price in Romania (CIF) - 2022
The average precious metal watch import price stood at $147 per unit in 2022, rising by 17% against the previous year. Overall, the import price saw a strong increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 42% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
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 ($375 per unit), while the price for China ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Precious Metal Watch Price in Romania (FOB) - 2022
The average precious metal watch export price stood at $88 per unit in 2022, surging by 9.9% against the previous year. In general, the export price, however, showed a slight setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 42%. The export price peaked at $222 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($298 per unit), while the average price for exports to Estonia ($24 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 Italy (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.
Precious Metal Watch Imports in Romania
Precious metal watch imports into Romania shrank sharply to 110K units in 2022, which is down by -48.4% against the previous year. Over the period under review, imports, however, recorded a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 306%. As a result, imports attained the peak of 212K units, and then fell sharply in the following year.
In value terms, precious metal watch imports reduced remarkably to $16M in 2022. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 264% against the previous year. As a result, imports reached the peak of $27M, and then fell remarkably in the following year.
| Import of Precious Metal Watch in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 0.1 | 0.4 | 10.0 | 5.5 | 280.3% |
| France | 2.3 | 1.7 | 4.4 | 4.4 | 24.1% |
| Italy | 0.3 | 0.9 | 2.6 | 2.0 | 88.2% |
| Germany | 2.0 | 0.6 | 4.7 | 0.9 | -23.4% |
| Spain | N/A | N/A | 0.2 | 0.6 | 200.0% |
| Bulgaria | 0.7 | 1.1 | 0.8 | 0.5 | -10.6% |
| China | N/A | N/A | 0.1 | 0.1 | 0.0% |
| United Kingdom | 0.6 | 0.3 | N/A | N/A | -50.0% |
| Others | 1.6 | 2.3 | 3.9 | 2.1 | 9.5% |
| Total | 7.6 | 7.3 | 26.7 | 16.1 | 28.4% |
Top Suppliers of Precious Metal Watch to Romania in 2022:
- Austria (51.9K units)
- Bulgaria (12.5K units)
- France (11.8K units)
- Italy (9.0K units)
- Germany (5.2K units)
- Spain (4.0K units)
- China (3.5K units)
- United Kingdom (0.1K units)
Precious Metal Watch Exports in Romania
In 2022, after three years of growth, there was significant decline in overseas shipments of precious metal watches, when their volume decreased by -34.8% to 37K units. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 172%. As a result, the exports reached the peak of 56K units, and then declined significantly in the following year.
In value terms, precious metal watch exports reduced markedly to $3.2M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63%. As a result, the exports attained the peak of $4.5M, and then dropped dramatically in the following year.
| Export of Precious Metal Watch in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 123 | 328 | 494 | 485 | 58.0% |
| France | 547 | 696 | 411 | 255 | -22.5% |
| Netherlands | 42.0 | 28.8 | 354 | 210 | 71.0% |
| Bulgaria | 73.7 | 126 | 429 | 207 | 41.1% |
| Sweden | 4.6 | 5.7 | 95.9 | 162 | 227.8% |
| Hungary | 14.7 | 14.8 | 162 | 143 | 113.5% |
| Spain | 9.8 | 13.4 | 146 | 138 | 141.5% |
| Czech Republic | 0.9 | 35.4 | 114 | 110 | 396.3% |
| Cyprus | 265 | 111 | 181 | 94.6 | -29.1% |
| Malta | 14.4 | 14.8 | 108 | 66.6 | 66.6% |
| Poland | 46.1 | 2.7 | 161 | 62.6 | 10.7% |
| Croatia | 5.0 | 14.2 | 135 | 55.9 | 123.6% |
| Estonia | 76.9 | 1.6 | N/A | 41.4 | -18.6% |
| Others | 1,211 | 1,377 | 1,726 | 1,207 | -0.1% |
| Total | 2,434 | 2,768 | 4,519 | 3,238 | 10.0% |
Top Export Markets for Precious Metal Watch from Romania in 2022:
- France (3.7K units)
- Hungary (3.6K units)
- Spain (3.1K units)
- Netherlands (2.6K units)
- Bulgaria (2.0K units)
- Poland (1.9K units)
- Czech Republic (1.8K units)
- Cyprus (1.8K units)
- Estonia (1.7K units)
- Italy (1.6K units)
- Sweden (1.6K units)
- Malta (1.5K units)
- Croatia (1.4K units)
This report provides an in-depth analysis of the precious metal watch market in Romania. 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:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- 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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