Price for Watch Cases and Parts Thereof in Austria - 2023

Price for Watch Cases and Parts Thereof in Austria (CIF) - 2022

In 2022, the average import price for watch cases and parts thereoves amounted to $60 per unit, surging by 8.8% against the previous year. In general, the import price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2015 an increase of 41%. Over the period under review, average import prices attained the maximum at $195 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 ($270 per unit), while the price for China ($32 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+45.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Watch Cases and Parts Thereof in Austria (FOB) - 2022

The average export price for watch cases and parts thereoves stood at $79 per unit in 2022, jumping by 23% against the previous year. In general, the export price, however, saw a abrupt setback. Over the period under review, the average export prices reached the peak figure at $213 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($114 per unit), while the average price for exports to Hong Kong SAR ($55 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 Spain (+11.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Watch Cases and Parts Thereof in Austria

In 2022, after three years of growth, there was significant decline in supplies from abroad of watch cases and parts thereoves, when their volume decreased by -27.4% to 18K units. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 193%. Over the period under review, imports reached the maximum at 24K units in 2021, and then fell notably in the following year.

In value terms, watch cases and parts thereof imports contracted dramatically to $1.1M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.4% 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 +66.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 57% against the previous year. Over the period under review, imports hit record highs at $1.3M in 2021, and then declined remarkably in the following year.

Import of Watch Cases and Parts Thereof in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	168	384	284	452	39.1%
Switzerland	365	545	303	340	-2.3%
Poland	N/A	0.1	0.5	149	3760.1%
Hong Kong SAR	64.7	10.3	21.9	6.4	-53.8%
Others	37.5	59.0	727	108	42.3%
Total	636	999	1,336	1,055	18.4%

Top Suppliers of Watch Cases and Parts Thereof to Austria in 2022:

China (14.1K units)
Poland (1.4K units)
Switzerland (1.3K units)
Hong Kong SAR (0.1K units)

Exports of Watch Cases and Parts Thereof in Austria

After three years of growth, shipments abroad of watch cases and parts thereoves decreased by -82.1% to 2.4K units in 2022. In general, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 77% against the previous year. Over the period under review, the exports hit record highs at 14K units in 2021, and then dropped sharply in the following year.

In value terms, watch cases and parts thereof exports reduced dramatically to $193K in 2022. Overall, exports faced a significant contraction. The smallest decline of -6.5% was in 2021. The exports peaked at $1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Watch Cases and Parts Thereof in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Greece	0.1	N/A	N/A	60.7	746.7%
Hong Kong SAR	901	481	391	38.4	-65.1%
Poland	12.9	35.4	49.3	15.6	6.5%
Switzerland	27.0	30.5	31.7	15.6	-16.7%
Czech Republic	14.2	27.4	57.2	11.7	-6.3%
Hungary	7.6	13.2	31.3	11.1	13.5%
Turkey	11.9	21.5	22.6	6.2	-19.5%
Russia	36.6	290	173	N/A	117.4%
Others	31.5	38.1	120	33.7	2.3%
Total	1,043	937	876	193	-43.0%