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

Contents:

  1. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Netherlands (FOB) - 2023
  2. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Netherlands (CIF) - 2023
  3. Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Netherlands
  4. Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Netherlands

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Netherlands (FOB) - 2023

The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $5.1 per unit in October 2023, rising by 4% against the previous month. Overall, the export price saw a mild increase. The growth pace was the most rapid in January 2023 an increase of 87% against the previous month. As a result, the export price reached the peak level of $9.6 per unit. From February 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In October 2023, the countries with the highest prices were Belgium ($5.7 per unit) and Poland ($5.5 per unit), while the average price for exports to France ($4.8 per unit) and Slovakia ($5.0 per unit) were amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.6%), while the prices for the other major destinations experienced a decline.

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Netherlands (CIF) - 2023

The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $8.6 per unit in October 2023, picking up by 3.3% against the previous month. Over the period under review, import price indicated a temperate increase from November 2022 to October 2023: its price increased at an average monthly rate of +3.4% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds decreased by -18.8% against June 2023 indices. The growth pace was the most rapid in June 2023 an increase of 50% against the previous month. As a result, import price reached the peak level of $10.5 per unit. From July 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($12.1 per unit), while the price for China ($3.4 per unit) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (+24.4%), 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 the Netherlands

Exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds from the Netherlands soared to 470K units in 2022, picking up by 516% on 2021. In general, exports, however, showed a deep setback. The exports peaked at 1.1M units in 2020; however, from 2021 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 surged to $2.5M in 2022. Over the period under review, exports, however, showed a precipitous decrease. The exports peaked at $7.3M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France18143828.01,06580.5%
Germany3,2775,28817.8758-38.6%
Poland2081481.337421.6%
Slovakia2.52.01.5111254.1%
Belgium6.718.614.562.9111.0%
United Kingdom1,9343054013.5-87.8%
Others1,1121,057356106-54.3%
Total6,7217,2568212,480-28.3%

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

  1. France (225.2K units)
  2. Germany (127.4K units)
  3. Poland (74.1K units)
  4. Slovakia (23.4K units)
  5. Belgium (9.8K units)
  6. United Kingdom (0.3K units)

Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Netherlands

In 2022, the amount of pocket watches and other watches, including stop-watches; battery or accumulator powereds imported into the Netherlands fell rapidly to 94K units, declining by -37.1% on the previous year's figure. Overall, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 111%. As a result, imports attained the peak of 149K units, and then reduced notably in the following year.

In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds shrank dramatically to $836K in 2022. In general, imports saw a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 83%. Imports peaked at $1.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland3291801523704.0%
China81.327050334061.1%
Belgium47.847.034.727.1-17.2%
United Kingdom7.116.235.017.234.3%
Germany37.229.926.616.0-24.5%
United States1,10220.414.94.1-84.5%
Hong Kong SAR1496.848.90.2-89.0%
Others27.766.635461.630.5%
Total1,7816371,168836-22.3%

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

  1. China (72.3K units)
  2. Switzerland (6.4K units)
  3. Belgium (4.9K units)
  4. Germany (3.5K units)
  5. United Kingdom (3.3K units)
  6. United States (0.1K units)
  7. Hong Kong SAR (0.1K units)

Source: IndexBox Market Intelligence Platform

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