Price for Watch Cases and Parts Thereof in Spain - 2023
Contents:
- Price for Watch Cases and Parts Thereof in Spain (CIF) - 2022
- Price for Watch Cases and Parts Thereof in Spain (FOB) - 2022
- Imports of Watch Cases and Parts Thereof in Spain
- Exports of Watch Cases and Parts Thereof in Spain
Price for Watch Cases and Parts Thereof in Spain (CIF) - 2022
The average import price for watch cases and parts thereoves stood at $7.7 per unit in 2022, reducing by -34.5% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2015 an increase of 67%. As a result, import price attained the peak level of $22 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($15 per unit), while the price for the Netherlands ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Cases and Parts Thereof in Spain (FOB) - 2022
In 2022, the average export price for watch cases and parts thereoves amounted to $5.7 per unit, growing by 103% against the previous year. Over the period under review, the export price, however, faced a abrupt decrease. Over the period under review, the average export prices attained the peak figure at $48 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($12 per unit), while the average price for exports to Hong Kong SAR ($0.8 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 Ecuador (+39.7%), while the prices for the other major destinations experienced a decline.
Imports of Watch Cases and Parts Thereof in Spain
In 2022, approx. 148K units of watch cases and parts thereoves were imported into Spain; picking up by 109% against the year before. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, watch cases and parts thereof imports soared to $1.1M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.9% 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 +59.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Watch Cases and Parts Thereof in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 609 | 536 | 732 | 822 | 10.5% |
| Germany | N/A | N/A | N/A | 127 | 0% |
| China | 62.7 | 43.0 | 66.5 | 85.4 | 10.8% |
| Ireland | N/A | 88.8 | N/A | 44.2 | -29.4% |
| Thailand | 0.6 | 5.3 | 4.0 | 15.2 | 193.7% |
| Japan | 0.1 | 1.8 | 1.8 | 12.8 | 404.0% |
| Hong Kong SAR | 0.4 | 10.1 | 4.4 | 0.2 | -20.6% |
| Others | 57.3 | 26.9 | 21.4 | 28.5 | -20.8% |
| Total | 730 | 712 | 830 | 1,136 | 15.9% |
Top Suppliers of Watch Cases and Parts Thereof to Spain in 2022:
- Switzerland (64.0K units)
- China (39.5K units)
- Germany (28.8K units)
- Ireland (3.8K units)
- Thailand (3.7K units)
- Japan (2.7K units)
- Hong Kong SAR (0.3K units)
Exports of Watch Cases and Parts Thereof in Spain
In 2022, approx. 6.7K units of watch cases and parts thereoves were exported from Spain; rising by 51% compared with 2021 figures. In general, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 83%. Over the period under review, the exports hit record highs at 12K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, watch cases and parts thereof exports soared to $38K in 2022. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Watch Cases and Parts Thereof in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1.3 | 0.1 | 1.2 | 22.2 | 157.5% |
| Ecuador | N/A | N/A | N/A | 6.0 | 0% |
| United States | 0.5 | 0.2 | 0.4 | 2.5 | 71.0% |
| Netherlands | 4.7 | 8.8 | 9.6 | 1.0 | -40.3% |
| South Korea | 0.1 | N/A | N/A | 0.9 | 108.0% |
| Hong Kong SAR | 1.0 | 0.3 | N/A | 0.6 | -15.7% |
| United Kingdom | 0.1 | N/A | 0.1 | 0.5 | 71.0% |
| Russia | 2.1 | N/A | N/A | N/A | 0% |
| Japan | 20.1 | N/A | N/A | N/A | 0% |
| Malaysia | 1.0 | N/A | N/A | N/A | 0% |
| France | 3.5 | N/A | 0.4 | N/A | -66.2% |
| Portugal | N/A | N/A | 0.5 | N/A | 0% |
| Others | 3.3 | 2.2 | 0.4 | 4.4 | 10.1% |
| Total | 37.7 | 11.6 | 12.5 | 38.2 | 0.4% |
Top Export Markets for Watch Cases and Parts Thereof from Spain in 2022:
- Switzerland (1918.0 units)
- Ecuador (1171.0 units)
- United States (1043.0 units)
- Hong Kong SAR (751.0 units)
- South Korea (713.0 units)
- United Kingdom (375.0 units)
- Netherlands (168.0 units)
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