Price for Watch Cases and Parts Thereof in the Netherlands - 2023

Contents:

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

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

In 2022, the average export price for watch cases and parts thereoves amounted to $1.2 per unit, almost unchanged from the previous year. Over the period under review, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 101% against the previous year. As a result, the export price reached the peak level of $1.3 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1.5 per unit), while the average price for exports to Switzerland ($0.9 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 France (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for watch cases and parts thereoves amounted to $2.7 per unit, picking up by 16% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, watch cases and parts thereof import price decreased by -10.6% against 2020 indices. The growth pace was the most rapid in 2020 when the average import price increased by 68% against the previous year. Over the period under review, average import prices attained the maximum at $3.3 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 ($6.5 per unit), while the price for China ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Watch Cases and Parts Thereof in the Netherlands

In 2022, the amount of watch cases and parts thereoves exported from the Netherlands reduced to 1.6M units, falling by -11.2% against 2021 figures. Over the period under review, exports saw a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. The exports peaked at 1.8M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, watch cases and parts thereof exports dropped to $1.9M in 2022. Overall, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. The exports peaked at $2.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Watch Cases and Parts Thereof in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4204796114653.5%
France3633005644255.4%
Switzerland3641181933690.5%
Italy2292442832776.5%
Spain158152183116-9.8%
JapanN/AN/AN/A44.00%
United Kingdom33223324.120.7-60.3%
Others293190209143-21.3%
Total2,1591,7162,0671,859-4.9%

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

  1. Switzerland (405.9K units)
  2. Germany (310.9K units)
  3. France (301.1K units)
  4. Italy (246.5K units)
  5. Spain (123.8K units)
  6. Japan (39.5K units)
  7. United Kingdom (22.3K units)

Imports of Watch Cases and Parts Thereof in the Netherlands

In 2022, watch cases and parts thereof imports into the Netherlands contracted to 675K units, which is down by -14.3% on 2021 figures. Over the period under review, imports, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2021 with an increase of 514% against the previous year. As a result, imports reached the peak of 788K units, and then fell in the following year.

In value terms, watch cases and parts thereof imports shrank to $1.8M in 2022. Overall, imports, however, showed prominent growth. The growth pace was the most rapid in 2021 with an increase of 373%. As a result, imports reached the peak of $1.8M, leveling off in the following year.

Import of Watch Cases and Parts Thereof in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France78014.71,1191,29618.4%
Switzerland10115217420426.4%
Hong Kong SAR1681701821904.2%
United Kingdom15.07.214562.060.5%
Others97.243.420967.4-11.5%
Total1,1623871,8301,82016.1%

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

  1. France (522.4K units)
  2. Hong Kong SAR (67.5K units)
  3. Switzerland (31.4K units)
  4. United Kingdom (20.2K units)

Source: IndexBox Market Intelligence Platform

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