Price for Watch Movements; Complete and Assembled in Denmark - 2023
Contents:
- Price for Watch Movements; Complete and Assembled in Denmark (CIF) - 2022
- Price for Watch Movements; Complete and Assembled in Denmark (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled in Denmark
- Exports of Watch Movements; Complete and Assembled in Denmark
Price for Watch Movements; Complete and Assembled in Denmark (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembleds amounted to $49 per unit, picking up by 32% against the previous year. In general, the import price recorded a prominent expansion. The growth pace was the most rapid in 2021 when the average import price increased by 160% against the previous year. The import price peaked at $50 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 Sweden ($80 per unit), while the price for Hong Kong SAR ($2.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Movements; Complete and Assembled in Denmark (FOB) - 2022
The average export price for watch movements; complete and assembleds stood at $973 per unit in 2022, with a decrease of -65.2% against the previous year. Overall, the export price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2019 an increase of 2,945% against the previous year. The export price peaked at $4,107 per unit in 2020; however, from 2021 to 2022, the export prices remained at a 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 Canada ($6,806 per unit), while the average price for exports to Norway ($76 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 Canada (+308.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Watch Movements; Complete and Assembled in Denmark
In 2022, approx. 11K units of watch movements; complete and assembleds were imported into Denmark; jumping by 143% on the previous year. Over the period under review, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, watch movements; complete and assembled imports soared to $537K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Watch Movements; Complete and Assembled in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 47.7 | 112 | 117 | 245 | 72.5% |
| Sweden | N/A | N/A | N/A | 113 | 0% |
| Germany | 0.4 | 1.6 | N/A | 82.7 | 491.3% |
| China | 42.4 | 1.8 | 17.7 | 30.1 | -10.8% |
| Netherlands | 0.7 | N/A | N/A | 23.2 | 221.2% |
| Japan | 4.4 | 16.9 | 6.8 | 17.3 | 57.8% |
| Hong Kong SAR | 3.2 | 19.9 | 1.0 | 2.2 | -11.7% |
| Others | 10.9 | 2.3 | 24.5 | 23.5 | 29.2% |
| Total | 110 | 154 | 167 | 537 | 69.6% |
Top Suppliers of Watch Movements; Complete and Assembled to Denmark in 2022:
- Switzerland (3.1K units)
- China (2.7K units)
- Sweden (1.4K units)
- Germany (1.4K units)
- Japan (0.9K units)
- Hong Kong SAR (0.9K units)
- Netherlands (0.4K units)
Exports of Watch Movements; Complete and Assembled in Denmark
In 2022, the amount of watch movements; complete and assembleds exported from Denmark skyrocketed to 272 units, surging by 700% against the year before. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, watch movements; complete and assembled exports surged to $265K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Watch Movements; Complete and Assembled in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 22.3 | 69.9 | 213.5% |
| United Kingdom | N/A | N/A | 21.5 | 50.4 | 134.4% |
| Japan | N/A | N/A | N/A | 38.2 | 0% |
| Canada | N/A | N/A | 4.7 | 34.0 | 623.4% |
| Hong Kong SAR | 101 | 49.6 | 36.8 | 17.8 | -43.9% |
| Norway | 1.4 | N/A | N/A | 12.1 | 105.2% |
| Switzerland | 2.2 | N/A | 1.3 | 9.3 | 61.7% |
| United Arab Emirates | 0.1 | N/A | N/A | 4.1 | 244.8% |
| Others | 1.4 | 3.8 | 8.5 | 28.8 | 174.0% |
| Total | 106 | 53.4 | 95.1 | 265 | 35.7% |
Top Export Markets for Watch Movements; Complete and Assembled from Denmark in 2022:
- Norway (160.0 units)
- Switzerland (41.0 units)
- United Arab Emirates (21.0 units)
- United States (16.0 units)
- Japan (10.0 units)
- United Kingdom (9.0 units)
- Canada (5.0 units)
- Hong Kong SAR (3.0 units)
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This report provides an in-depth analysis of the assembled watch movements market in Denmark.
386
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
295
This report provides an in-depth analysis of the assembled watch movements market in Denmark.
386
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
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