Price for Watch Cases and Parts Thereof in Sweden - 2023
Contents:
- Price for Watch Cases and Parts Thereof in Sweden (FOB) - 2022
- Price for Watch Cases and Parts Thereof in Sweden (CIF) - 2022
- Exports of Watch Cases and Parts Thereof in Sweden
- Imports of Watch Cases and Parts Thereof in Sweden
Price for Watch Cases and Parts Thereof in Sweden (FOB) - 2022
In 2022, the average export price for watch cases and parts thereoves amounted to $90 per unit, reducing by -53% against the previous year. In general, the export price faced a abrupt decrease. The pace of growth was the most pronounced in 2019 when the average export price increased by 113% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,205 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($281 per unit), while the average price for exports to Colombia ($5.6 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 Hong Kong SAR (-1.2%), while the prices for the other major destinations experienced a decline.
Price for Watch Cases and Parts Thereof in Sweden (CIF) - 2022
In 2022, the average import price for watch cases and parts thereoves amounted to $32 per unit, surging by 7.8% against the previous year. Over the period under review, the import price enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 28%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($32 per unit) and Switzerland ($31 per unit), while the price for the United States ($24 per unit) and Hong Kong SAR ($28 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Watch Cases and Parts Thereof in Sweden
Watch cases and parts thereof exports from Sweden skyrocketed to 47K units in 2022, growing by 167% compared with the previous year's figure. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 6,662%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, watch cases and parts thereof exports skyrocketed to $4.2M in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 2,482%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Watch Cases and Parts Thereof in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.4 | 10.2 | 745 | 1,212 | 550.7% |
| United Arab Emirates | N/A | 1.7 | 204 | 257 | 1129.5% |
| United Kingdom | 0.2 | N/A | 170 | 226 | 941.6% |
| Hong Kong SAR | N/A | 8.4 | 168 | 164 | 341.9% |
| Taiwan (Chinese) | 1.6 | 4.3 | 255 | 125 | 327.5% |
| Thailand | N/A | 0.1 | 133 | 117 | 3320.5% |
| Qatar | N/A | 5.3 | 94.2 | 115 | 365.8% |
| Singapore | N/A | N/A | 67.8 | 101 | 49.0% |
| Malaysia | N/A | 3.6 | 69.8 | 94.9 | 413.4% |
| Kuwait | N/A | 4.3 | 59.1 | 62.4 | 280.9% |
| Indonesia | N/A | N/A | 40.0 | 59.3 | 48.2% |
| Philippines | N/A | N/A | 10.6 | 49.9 | 370.8% |
| Colombia | N/A | N/A | 9.8 | 49.0 | 400.0% |
| Others | 50.6 | 92.3 | 1,336 | 1,596 | 216.0% |
| Total | 56.9 | 130 | 3,363 | 4,230 | 320.5% |
Top Export Markets for Watch Cases and Parts Thereof from Sweden in 2022:
- Colombia (8.8K units)
- United States (4.3K units)
- Taiwan (Chinese) (3.0K units)
- Qatar (2.8K units)
- Thailand (2.8K units)
- United Arab Emirates (2.4K units)
- Malaysia (2.3K units)
- United Kingdom (1.8K units)
- Kuwait (1.5K units)
- Indonesia (1.4K units)
- Philippines (1.2K units)
- Hong Kong SAR (1.2K units)
- Singapore (0.9K units)
Imports of Watch Cases and Parts Thereof in Sweden
In 2022, approx. 53K units of watch cases and parts thereoves were imported into Sweden; surging by 10% on the year before. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 73%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, watch cases and parts thereof imports skyrocketed to $1.7M in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 79% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Watch Cases and Parts Thereof in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 328 | 434 | 651 | 729 | 30.5% |
| China | 92.1 | 185 | 420 | 384 | 60.9% |
| Germany | 36.7 | 141 | 169 | 260 | 92.1% |
| United States | 6.8 | 1.0 | 41.0 | 104 | 148.2% |
| Hong Kong SAR | 2.4 | 0.9 | 6.3 | 24.0 | 115.4% |
| Netherlands | 74.2 | 13.3 | 2.2 | 2.6 | -67.3% |
| Others | 21.5 | 21.7 | 133 | 184 | 104.5% |
| Total | 562 | 796 | 1,422 | 1,687 | 44.3% |
Top Suppliers of Watch Cases and Parts Thereof to Sweden in 2022:
- Switzerland (23.2K units)
- China (12.1K units)
- Germany (8.7K units)
- United States (4.4K units)
- Hong Kong SAR (0.9K units)
- Netherlands (0.1K units)
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