Price for Watch Cases and Parts Thereof in Romania - 2023

Contents:

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

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

The average import price for watch cases and parts thereoves stood at $22 per unit in 2022, which is down by -32.4% against the previous year. In general, the import price, however, showed a buoyant expansion. The growth pace was the most rapid in 2017 an increase of 1,738% against the previous year. The import price peaked at $32 per unit in 2021, and then reduced notably in the following year.

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 ($215 per unit), while the price for China ($4.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+6,107.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for watch cases and parts thereoves stood at $86 per unit in 2022, falling by -17.7% against the previous year. In general, the export price, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 547%. As a result, the export price attained the peak level of $117 per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($98 per unit), while the average price for exports to Poland amounted to $0.9 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+161.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Watch Cases and Parts Thereof in Romania

Watch cases and parts thereof imports into Romania surged to 1.9K units in 2022, jumping by 68% against the previous year. Overall, imports, however, saw a pronounced setback. Imports peaked at 3K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, watch cases and parts thereof imports rose notably to $41K in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 37%. As a result, imports reached the peak of $47K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Watch Cases and Parts Thereof in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland8.67.712.815.220.9%
Germany0.95.20.410.2124.6%
China14.49.81.16.5-23.3%
Hong Kong SAR0.4N/A9.71.140.1%
Lithuania0.10.91.00.344.2%
SlovakiaN/A1.9N/AN/A0%
Italy8.72.0N/AN/A-77.0%
Turkey0.1N/A0.2N/A41.4%
Others1.119.410.67.488.8%
Total34.346.935.940.75.9%

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

  1. China (1386.0 units)
  2. Germany (229.0 units)
  3. Switzerland (71.0 units)
  4. Lithuania (37.0 units)
  5. Hong Kong SAR (34.0 units)
  6. Italy (1.0 units)

Exports of Watch Cases and Parts Thereof in Romania

Watch cases and parts thereof exports from Romania dropped significantly to 8 units in 2022, waning by -83.7% on the previous year. Overall, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 513%. As a result, the exports reached the peak of 49 units, and then fell significantly in the following year.

In value terms, watch cases and parts thereof exports contracted significantly to $687 in 2022. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 441%. As a result, the exports reached the peak of $5.1K, and then declined sharply in the following year.

Export of Watch Cases and Parts Thereof in Romania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/A5,052686-86.4%
PolandN/AN/A60.01.0-98.3%
Sweden45.02.0N/AN/A-95.6%
United StatesN/A877N/AN/A0%
Austria18248.0N/AN/A-73.6%
Denmark1225.0N/AN/A-95.9%
OthersN/A13.0N/AN/A0%
Total3499455,11268725.3%

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

  1. Switzerland (7.0 units)
  2. Poland (1.0 units)

Source: IndexBox Market Intelligence Platform

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