Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Norway - 2024
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Norway (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Norway (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Norway
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Norway
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Norway (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $57 per unit in 2022, surging by 31% against the previous year. Overall, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 141% against the previous year. As a result, import price attained the peak level of $121 per unit. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($212 per unit), while the price for Hong Kong SAR ($9.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Norway (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $56 per unit in 2022, jumping by 27% against the previous year. In general, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 122% against the previous year. The export price peaked at $63 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($77 per unit), while the average price for exports to Sweden ($37 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 the United States (+39.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Norway
After three years of growth, overseas purchases of pocket watches and other watches, including stop-watches; battery or accumulator powereds decreased by -20.2% to 8.6K units in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. Over the period under review, imports of attained the peak figure at 11K units in 2021, and then reduced markedly in the following year.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds rose modestly to $495K in 2022. The total import value increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.9 | 26.6 | 185 | 239 | 542.8% |
| Switzerland | 117 | 73.3 | 75.0 | 112 | -1.4% |
| China | 149 | 216 | 134 | 43.6 | -33.6% |
| United States | 6.4 | 6.8 | 13.6 | 15.8 | 35.2% |
| Germany | 14.7 | 7.6 | 13.4 | 10.9 | -9.5% |
| Sweden | 6.9 | 2.7 | 9.9 | 4.3 | -14.6% |
| Hong Kong SAR | 0.4 | 9.8 | 1.9 | 3.0 | 95.7% |
| Denmark | 19.8 | 4.5 | 11.3 | 2.8 | -47.9% |
| Bulgaria | 2.5 | N/A | 3.4 | N/A | 16.6% |
| Others | 30.1 | 56.3 | 28.0 | 63.8 | 28.5% |
| Total | 348 | 404 | 475 | 495 | 12.5% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Norway in 2022:
- Japan (5845.0 units)
- China (1253.0 units)
- Switzerland (529.0 units)
- Hong Kong SAR (311.0 units)
- United States (197.0 units)
- Germany (190.0 units)
- Sweden (112.0 units)
- Denmark (56.0 units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Norway
In 2022, approx. 284 units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were exported from Norway; with a decrease of -82.4% on the year before. In general, exports continue to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 374%. Over the period under review, the exports of hit record highs at 1.6K 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 dropped significantly to $16K in 2022. Overall, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 291% against the previous year. As a result, the exports attained the peak of $71K, and then shrank dramatically in the following year.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 2.2 | 13.6 | 4.9 | 10.3 | 67.3% |
| Finland | N/A | N/A | N/A | 4.1 | 0% |
| Sweden | 32.4 | 4.1 | 59.3 | 1.6 | -63.3% |
| Burundi | 0.2 | N/A | N/A | N/A | 0% |
| Others | 4.8 | 0.5 | 7.1 | N/A | 21.6% |
| Total | 39.7 | 18.2 | 71.3 | 16.0 | -26.1% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Norway in 2022:
- Denmark (135.0 units)
- Finland (106.0 units)
- Sweden (43.0 units)
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