Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bulgaria - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bulgaria (FOB) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bulgaria (CIF) - 2022
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bulgaria
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bulgaria
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bulgaria (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $55 per unit in 2022, declining by -16.3% against the previous year. In general, the export price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 129%. The export price peaked at $65 per unit in 2021, and then declined dramatically in the following year.
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 Hong Kong SAR ($298 per unit), while the average price for exports to Georgia ($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 Kosovo (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bulgaria (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $5.3 per unit in 2022, with an increase of 3.1% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds increased by +75.0% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 70%. Over the period under review, average import prices reached the maximum at $5.5 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($56 per unit), while the price for Hong Kong SAR ($2.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+36.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bulgaria
In 2022, shipments abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds increased by 38% to 9.4K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a sharp decrease. The exports peaked at 29K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds skyrocketed to $510K in 2022. In general, exports, however, showed a deep downturn. The exports peaked at $762K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 461 | 401 | 328 | 318 | -11.6% |
| United Kingdom | 96.9 | 13.8 | 21.7 | 44.7 | -22.7% |
| Switzerland | N/A | N/A | N/A | 42.1 | 0% |
| Spain | 5.6 | 6.6 | 9.9 | 15.2 | 39.5% |
| Australia | N/A | N/A | 4.9 | 14.9 | 204.1% |
| Kosovo | N/A | 14.8 | 20.6 | 11.6 | -11.5% |
| Hungary | 1.2 | 4.5 | 5.6 | 7.7 | 85.8% |
| Germany | 27.6 | 0.4 | 4.5 | 6.1 | -39.5% |
| Israel | 0.7 | 1.0 | 2.1 | 5.6 | 100.0% |
| Czech Republic | 76.1 | 1.1 | 1.3 | 5.5 | -58.3% |
| France | 6.5 | 1.9 | 6.8 | 4.3 | -12.9% |
| Finland | 4.2 | 4.2 | 4.8 | 3.0 | -10.6% |
| Georgia | N/A | N/A | N/A | 1.3 | 0% |
| Others | 82.1 | 97.7 | 31.0 | 30.9 | -27.8% |
| Total | 762 | 547 | 442 | 510 | -12.5% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Bulgaria in 2022:
- Switzerland (2072.0 units)
- United Kingdom (1123.0 units)
- Hong Kong SAR (1065.0 units)
- Spain (875.0 units)
- Kosovo (581.0 units)
- Georgia (427.0 units)
- Australia (393.0 units)
- Germany (358.0 units)
- Hungary (340.0 units)
- Czech Republic (317.0 units)
- France (218.0 units)
- Israel (161.0 units)
- Finland (154.0 units)
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bulgaria
Imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds into Bulgaria declined notably to 55K units in 2022, shrinking by -57.6% on the previous year. Overall, imports recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 149% against the previous year. As a result, imports attained the peak of 130K units, and then fell markedly in the following year.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds declined rapidly to $292K in 2022. Over the period under review, imports, however, showed a perceptible increase. The pace of growth appeared the most rapid in 2021 with an increase of 323% against the previous year. As a result, imports reached the peak of $668K, and then reduced markedly in the following year.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 85.6 | 65.3 | 177 | 99.4 | 5.1% |
| Hungary | N/A | N/A | N/A | 51.3 | 0% |
| Japan | 29.5 | 34.2 | 91.7 | 37.8 | 8.6% |
| China | 16.7 | 5.4 | 299 | 26.4 | 16.5% |
| Romania | 6.8 | 6.8 | 15.8 | 8.2 | 6.4% |
| Poland | N/A | 0.9 | 3.3 | 7.7 | 192.5% |
| United States | 130 | 5.8 | 5.0 | 4.9 | -66.5% |
| Others | 5.1 | 39.6 | 76.2 | 56.4 | 122.8% |
| Total | 274 | 158 | 668 | 292 | 2.1% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Bulgaria in 2022:
- Hong Kong SAR (36.9K units)
- China (7.9K units)
- Japan (4.3K units)
- Poland (2.1K units)
- Romania (1.2K units)
- Hungary (0.9K units)
- United States (0.4K units)
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