Ireland - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ireland - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights

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Price for Plastic or Non-Precious Metal Watch in Ireland - 2023

Contents:

  1. Price for Plastic or Non-Precious Metal Watch in Ireland (CIF) - 2022
  2. Price for Plastic or Non-Precious Metal Watch in Ireland (FOB) - 2022
  3. Imports of Plastic or Non-Precious Metal Watch in Ireland
  4. Exports of Plastic or Non-Precious Metal Watch in Ireland

Price for Plastic or Non-Precious Metal Watch in Ireland (CIF) - 2022

In 2022, the average import price for plastic or non-precious metal watches amounted to $127 per unit, declining by -65.4% against the previous year. Overall, the import price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 185% against the previous year. As a result, import price attained the peak level of $369 per unit, and then contracted sharply 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 Switzerland ($242 per unit), while the price for Germany ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Plastic or Non-Precious Metal Watch in Ireland (FOB) - 2022

The average export price for plastic or non-precious metal watches stood at $1,111 per unit in 2022, growing by 255% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($3,361 per unit), while the average price for exports to Poland ($9.3 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 South Korea (+117.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic or Non-Precious Metal Watch in Ireland

In 2022, approx. 1.4M units of plastic or non-precious metal watches were imported into Ireland; growing by 248% on the year before. In general, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic or non-precious metal watch imports soared to $177M in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 182%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Import of Plastic or Non-Precious Metal Watch in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland19.4104N/A15198.2%
China11.811.7N/A14.16.1%
United Kingdom10.29.7N/A3.9-27.4%
Japan1.81.5N/A1.7-1.9%
Germany1.01.0N/A0.8-7.2%
Others3.05.41476.126.7%
Total47.213314717755.4%

Top Suppliers of Plastic or Non-Precious Metal Watch to Ireland in 2022:

  1. Switzerland (623.7K units)
  2. China (596.9K units)
  3. Germany (60.1K units)
  4. United Kingdom (47.2K units)
  5. Japan (12.6K units)

Exports of Plastic or Non-Precious Metal Watch in Ireland

After three years of growth, shipments abroad of plastic or non-precious metal watches decreased by -67.2% to 158K units in 2022. Over the period under review, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 234% against the previous year. Over the period under review, the exports reached the peak figure at 482K units in 2021, and then contracted sharply in the following year.

In value terms, plastic or non-precious metal watch exports surged to $176M in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,004% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Plastic or Non-Precious Metal Watch in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland0.111.3N/A34.5601.4%
Japan0.613.4N/A15.2193.7%
United States0.26.7N/A13.6308.2%
Italy0.67.0N/A10.7161.3%
United Arab EmiratesN/AN/A15110.1-93.3%
United Kingdom3.95.6N/A8.831.2%
South KoreaN/A4.5N/A8.537.4%
ChinaN/A6.2N/A8.416.4%
Hong Kong SAR0.58.0N/A7.1142.2%
France0.63.4N/A6.0115.4%
Germany1.62.6N/A1.5-2.1%
NetherlandsN/A0.2N/A0.322.5%
PolandN/A0.4N/A0.1-50.0%
Others1.031.6N/A50.9270.6%
Total9.1101151176168.4%

Top Export Markets for Plastic or Non-Precious Metal Watch from Ireland in 2022:

  1. United Arab Emirates (41.4K units)
  2. United Kingdom (30.2K units)
  3. Switzerland (14.6K units)
  4. Poland (10.3K units)
  5. Hong Kong SAR (9.9K units)
  6. Netherlands (7.7K units)
  7. Japan (6.6K units)
  8. United States (5.1K units)
  9. Italy (3.8K units)
  10. France (3.3K units)
  11. South Korea (2.6K units)
  12. China (2.5K units)
  13. Germany (0.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for plastic or non-precious metal watch in Ireland. 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 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches

Country coverage:

Data coverage:

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