Ukraine - Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ukraine - Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights

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Precious Metal Watch Price in Ukraine - 2023

Contents:

  1. Precious Metal Watch Price in Ukraine (CIF) - 2022
  2. Precious Metal Watch Price in Ukraine (FOB) - 2022
  3. Precious Metal Watch Imports in Ukraine
  4. Precious Metal Watch Exports in Ukraine

Precious Metal Watch Price in Ukraine (CIF) - 2022

The average precious metal watch import price stood at $938 per unit in 2022, increasing by 97% against the previous year. Over the period under review, the import price enjoyed significant growth. The growth pace was the most rapid in 2019 an increase of 134%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($1,031 per unit), while the price for China totaled $35 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Precious Metal Watch Price in Ukraine (FOB) - 2022

In 2022, the average precious metal watch export price amounted to $4,563 per unit, picking up by 1,237% against the previous year. Overall, the export price enjoyed a resilient increase. The export price peaked at $5,367 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($9,129 per unit), while the average price for exports to Moldova ($54 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 Finland (+154.0%), while the prices for the other major destinations experienced more modest paces of growth.

Precious Metal Watch Imports in Ukraine

In 2022, supplies from abroad of precious metal watches decreased by -78.4% to 670 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 194% against the previous year. As a result, imports reached the peak of 3.1K units, and then shrank markedly in the following year.

In value terms, precious metal watch imports shrank sharply to $629K in 2022. In general, imports, however, enjoyed a tangible expansion. The pace of growth was the most pronounced in 2021 with an increase of 120% against the previous year. As a result, imports reached the peak of $1.5M, and then shrank sharply in the following year.

Import of Precious Metal Watch in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland45665575661210.3%
China1.311.03.42.626.0%
Poland2.61.70.1N/A-80.4%
United Arab Emirates87.35.7719N/A187.0%
Others7.20.60.213.523.3%
Total5556741,4796294.3%

Top Suppliers of Precious Metal Watch to Ukraine in 2022:

  1. Switzerland (594.0 units)
  2. China (73.0 units)

Precious Metal Watch Exports in Ukraine

In 2022, shipments abroad of precious metal watches decreased by -15.2% to 162 units, falling for the second year in a row after two years of growth. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 158% against the previous year. As a result, the exports reached the peak of 420 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, precious metal watch exports skyrocketed to $739K in 2022. In general, exports, however, posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Precious Metal Watch in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland2241369.672147.6%
MoldovaN/AN/AN/A3.90%
Kazakhstan0.30.2N/A0.732.6%
RussiaN/A26.92.5N/A-90.7%
FranceN/AN/A21.0N/A0%
Others15.437.232.213.3-4.8%
Total24020165.273945.5%

Top Export Markets for Precious Metal Watch from Ukraine in 2022:

  1. Switzerland (79.0 units)
  2. Moldova (72.0 units)
  3. Kazakhstan (9.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the precious metal watch market in Ukraine. 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:

  • Ukraine

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ukraine
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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