Price for Watch Cases and Parts Thereof in Estonia - 2023

Contents:

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

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

The average import price for watch cases and parts thereoves stood at $35 per unit in 2022, which is down by -23.6% against the previous year. Over the period under review, the import price faced a deep slump. The pace of growth was the most pronounced in 2016 an increase of 93% against the previous year. Over the period under review, average import prices hit record highs at $218 per unit in 2012; however, from 2013 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 China ($111 per unit), while the price for Poland stood at $35 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for watch cases and parts thereoves amounted to $436 per unit, picking up by 28% against the previous year. In general, the export price posted prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 1,129%. As a result, the export price attained the peak level of $1,897 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($536 per unit), while the average price for exports to Latvia amounted to $69 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+100.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Watch Cases and Parts Thereof in Estonia

After three years of growth, supplies from abroad of watch cases and parts thereoves decreased by -29.7% to 448 units in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,312% against the previous year. Imports peaked at 637 units in 2021, and then plummeted in the following year.

In value terms, watch cases and parts thereof imports shrank markedly to $16K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 873%. Imports peaked at $29K in 2021, and then declined significantly in the following year.

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

1. Poland (446.0 units)

Exports of Watch Cases and Parts Thereof in Estonia

After three years of growth, overseas shipments of watch cases and parts thereoves decreased by -66.7% to 14 units in 2022. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 350%. Over the period under review, the exports hit record highs at 42 units in 2021, and then fell remarkably in the following year.

In value terms, watch cases and parts thereof exports declined markedly to $6.1K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 285% against the previous year. Over the period under review, the exports hit record highs at $14K in 2021, and then declined remarkably in the following year.

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

1. Lithuania (11.0 units)
2. Latvia (3.0 units)

Source: IndexBox Market Intelligence Platform