Price for Clock or Watch Parts; Dials in Slovakia - 2024

Contents:

  1. Price for Clock or Watch Parts; Dials in Slovakia (CIF) - 2022
  2. Price for Clock or Watch Parts; Dials in Slovakia (FOB) - 2022
  3. Imports of Clock or Watch Parts; Dials in Slovakia
  4. Exports of Clock or Watch Parts; Dials in Slovakia

Price for Clock or Watch Parts; Dials in Slovakia (CIF) - 2022

The average import price for clock or watch parts; dialses stood at $53 per unit in 2022, jumping by 308% against the previous year. Over the period under review, the import price posted a measured expansion. The import price peaked at $168 per unit in 2016; however, from 2017 to 2022, 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 India ($131 per unit), while the price for the Czech Republic ($2.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+304.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clock or Watch Parts; Dials in Slovakia (FOB) - 2022

The average export price for clock or watch parts; dialses stood at $5.3 per unit in 2022, falling by -55.4% against the previous year. Overall, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 155% against the previous year. The export price peaked at $12 per unit in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($8 per unit), while the average price for exports to Switzerland totaled $5.3 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+21.5%).

Imports of Clock or Watch Parts; Dials in Slovakia

In 2022, overseas purchases of clock or watch parts; dialses decreased by -27.8% to 789 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 80% against the previous year. Over the period under review, imports hit record highs at 1.1K units in 2021, and then dropped sharply in the following year.

In value terms, clock or watch parts; dials imports soared to $34K in 2022. Overall, imports, however, saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Clock or Watch Parts; Dials in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.18.73.522.1504.6%
Switzerland1.74.76.87.161.0%
SingaporeN/A0.10.61.2246.4%
Sweden0.30.20.21.154.2%
China13.00.40.70.8-60.5%
Czech RepublicN/A0.10.20.7164.6%
Hong Kong SARN/AN/A2.60.5-80.8%
PolandN/AN/AN/AN/A0%
ItalyN/A0.1N/AN/A0%
Others1.00.50.10.1-53.6%
Total16.114.814.633.527.7%

Top Suppliers of Clock or Watch Parts; Dials to Slovakia in 2022:

  1. Czech Republic (292.0 units)
  2. Switzerland (280.0 units)
  3. India (169.0 units)
  4. China (18.0 units)
  5. Singapore (12.0 units)
  6. Sweden (11.0 units)
  7. Hong Kong SAR (5.0 units)

Exports of Clock or Watch Parts; Dials in Slovakia

In 2022, approx. 20 units of clock or watch parts; dialses were exported from Slovakia; rising by 567% on 2021. Overall, exports, however, saw a abrupt contraction. Over the period under review, the exports hit record highs at 168 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, clock or watch parts; dials exports surged to $109 in 2022. In general, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 908% against the previous year. As a result, the exports attained the peak of $756. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Clock or Watch Parts; Dials in Slovakia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland16.0750N/A10184.8%
Czech RepublicN/AN/AN/A8.00%
China59.0N/AN/AN/A0%
PolandN/A6.010.0N/A66.7%
OthersN/AN/A8.0N/A0%
Total75.075618.010913.3%

Top Export Markets for Clock or Watch Parts; Dials from Slovakia in 2022:

  1. Switzerland (19.0 units)
  2. Czech Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

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