Price for Watch Cases and Parts Thereof in Croatia - 2023

Contents:

  1. Price for Watch Cases and Parts Thereof in Croatia (CIF) - 2022
  2. Price for Watch Cases and Parts Thereof in Croatia (FOB) - 2022
  3. Imports of Watch Cases and Parts Thereof in Croatia
  4. Exports of Watch Cases and Parts Thereof in Croatia

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

The average import price for watch cases and parts thereoves stood at $18 per unit in 2022, which is down by -36% against the previous year. Over the period under review, the import price saw a mild setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 85% against the previous year. The import price peaked at $37 per unit in 2018; however, from 2019 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 Switzerland ($395 per unit), while the price for Italy ($8.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+48.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for watch cases and parts thereoves stood at $245 per unit in 2022, leveling off at the previous year. Overall, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 108% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($596 per unit), while the average price for exports to Serbia totaled $19 per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Watch Cases and Parts Thereof in Croatia

In 2022, supplies from abroad of watch cases and parts thereoves increased by 196% to 847 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a noticeable decline. Over the period under review, imports reached the maximum at 960 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, watch cases and parts thereof imports soared to $16K in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports reached the peak figure at $18K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Watch Cases and Parts Thereof in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.32.71.15.921.4%
PolandN/AN/AN/A3.80%
China7.53.22.92.2-33.6%
Slovenia3.52.12.01.8-19.9%
Others4.04.22.21.9-22.0%
Total18.312.38.215.5-5.4%

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

  1. Germany (588.0 units)
  2. Poland (140.0 units)
  3. China (81.0 units)
  4. Slovenia (16.0 units)

Exports of Watch Cases and Parts Thereof in Croatia

After two years of decline, shipments abroad of watch cases and parts thereoves decreased by 0% to 2 units in 2022. In general, exports faced a precipitous decline. The smallest decline of 99.9% was in 2020. The exports peaked at 29 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, watch cases and parts thereof exports stood at $492 in 2022. Overall, exports recorded a prominent increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Export of Watch Cases and Parts Thereof in Croatia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A4690%
SerbiaN/AN/AN/A23.00%
Slovenia422N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total422N/AN/A4925.2%

Top Export Markets for Watch Cases and Parts Thereof from Croatia in 2022:

  1. Switzerland (1.0 units)
  2. Serbia (1.0 units)

Source: IndexBox Market Intelligence Platform

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