Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Netherlands - 2023

Contents:

  1. Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Netherlands (FOB) - 2022
  2. Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Netherlands (CIF) - 2022
  3. Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Netherlands
  4. Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Netherlands

Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Netherlands (FOB) - 2022

The average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $5.8 per unit in 2022, jumping by 37% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 45%. Over the period under review, the average export prices reached the maximum at $7 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($11 per unit), while the average price for exports to Belgium ($2.7 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 Poland (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Netherlands (CIF) - 2022

In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $3.9 per unit, shrinking by -33.1% against the previous year. In general, the import price, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 66% against the previous year. As a result, import price attained the peak level of $5.9 per unit, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($13 per unit), while the price for China ($3.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+17.7%), while the prices for the other major suppliers experienced a decline.

Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Netherlands

In 2022, the amount of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds exported from the Netherlands skyrocketed to 225K units, picking up by 63% against 2021 figures. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 307%. As a result, the exports reached the peak of 303K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds skyrocketed to $1.3M in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 217%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11891.731726831.4%
France15.939.033.0160115.9%
Italy1.129.816.7148412.4%
Belgium17.125295.9137100.1%
Spain3.34.620.6131241.1%
Poland1.660.75.161.5237.5%
Portugal1.149.242.459.3277.8%
IrelandN/A31.61.129.8-2.9%
Austria0.14.51.529.6566.4%
Czech Republic1.540.82.925.1155.8%
Others12630246.825426.3%
Total2869065831,30465.8%

Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from the Netherlands in 2022:

  1. Belgium (49.9K units)
  2. Germany (42.5K units)
  3. France (23.0K units)
  4. Italy (22.5K units)
  5. Spain (19.1K units)
  6. Portugal (16.6K units)
  7. Poland (9.2K units)
  8. Austria (4.5K units)
  9. Ireland (4.3K units)
  10. Czech Republic (3.8K units)

Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Netherlands

In 2022, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds into the Netherlands surged to 251K units, increasing by 68% compared with 2021 figures. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds expanded rapidly to $993K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +81.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China49241959267711.2%
Switzerland23.310.758.814182.2%
Japan0.80.416.153.9306.9%
Belgium30.39.12.417.0-17.5%
Others120106217104-4.7%
Total66654688599314.2%

Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to the Netherlands in 2022:

  1. China (219.4K units)
  2. Switzerland (10.5K units)
  3. Japan (4.7K units)
  4. Belgium (3.6K units)

Source: IndexBox Market Intelligence Platform

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