Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Czech Republic - 2023

Contents:

  1. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Czech Republic (CIF) - 2022
  2. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Czech Republic (FOB) - 2022
  3. Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Czech Republic
  4. Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Czech Republic

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Czech Republic (CIF) - 2022

The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $15 per unit in 2022, stabilizing at the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 +107.2% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 82% against the previous year. Over the period under review, average import prices hit record highs at $17 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($116 per unit), while the price for China ($3.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+26.6%), 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 the Czech Republic (FOB) - 2022

In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $30 per unit, with a decrease of -58.4% against the previous year. In general, the export price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2015 an increase of 118%. Over the period under review, the average export prices hit record highs at $137 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 Switzerland ($893 per unit), while the average price for exports to Hungary ($12 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 Slovakia (+35.0%), 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 the Czech Republic

In 2022, supplies from abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds was finally on the rise to reach 79K units after two years of decline. Over the period under review, imports, however, showed a abrupt shrinkage. Imports peaked at 110K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds skyrocketed to $1.2M in 2022. In general, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia65.087.856.337980.0%
Austria36.631.196.514959.7%
Netherlands0.255.3149148804.5%
China46582.313.6117-36.9%
United States0.90.61.775.0336.8%
Poland6.529.249.147.694.2%
Hong Kong SAR33.872.038.4N/A6.6%
Others20617194.929913.2%
Total8145294991,21514.3%

Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to the Czech Republic in 2022:

  1. China (31.9K units)
  2. Austria (28.0K units)
  3. Slovakia (5.1K units)
  4. Poland (4.8K units)
  5. United States (3.3K units)
  6. Netherlands (1.5K units)

Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Czech Republic

Exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds from the Czech Republic soared to 25K units in 2022, with an increase of 99% compared with the year before. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 132%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds declined markedly to $742K in 2022. Overall, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 95%. Over the period under review, the exports of attained the peak figure at $1.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania0.3N/A0.1252843.5%
Slovakia904413170164-43.4%
Germany69.628.023.926.5-27.5%
Hungary0.50.988.315.1211.4%
Poland11.84.213.711.0-2.3%
Others73.115.460327455.3%
Total1,059462899742-11.2%

Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from the Czech Republic in 2022:

  1. Romania (20.2K units)
  2. Germany (1.3K units)
  3. Hungary (1.3K units)
  4. Slovakia (0.5K units)
  5. Poland (0.4K units)

Source: IndexBox Market Intelligence Platform

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