Price for Watch Movements; Complete and Assembled in Norway - 2023
Contents:
- Price for Watch Movements; Complete and Assembled in Norway (CIF) - 2022
- Price for Watch Movements; Complete and Assembled in Norway (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled in Norway
- Exports of Watch Movements; Complete and Assembled in Norway
Price for Watch Movements; Complete and Assembled in Norway (CIF) - 2022
The average import price for watch movements; complete and assembleds stood at $22 per unit in 2022, reducing by -43.9% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 50% against the previous year. As a result, import price reached the peak level of $44 per unit. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($46 per unit), while the price for China ($9.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.1%), while the prices for the other major suppliers experienced a decline.
Price for Watch Movements; Complete and Assembled in Norway (FOB) - 2022
In 2022, the average export price for watch movements; complete and assembleds amounted to $403 per unit, growing by 94% against the previous year. Over the period under review, the export price enjoyed significant growth. The growth pace was the most rapid in 2013 an increase of 491%. The export price peaked at $1,007 per unit in 2020; however, from 2021 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 Netherlands ($2,045 per unit), while the average price for exports to Poland ($62 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 the UK (+57.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Watch Movements; Complete and Assembled in Norway
In 2022, imports of watch movements; complete and assembleds into Norway skyrocketed to 53K units, jumping by 341% on 2021 figures. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, watch movements; complete and assembled imports surged to $1.2M in 2022. In general, imports recorded significant growth. 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 Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 313 | 324 | 360 | 561 | 21.5% |
| Hong Kong SAR | 82.6 | 6.0 | 4.0 | 267 | 47.9% |
| China | 12.5 | 20.5 | 16.6 | 189 | 147.3% |
| Japan | 11.0 | 11.1 | 15.8 | 19.9 | 21.8% |
| Germany | 17.3 | 5.6 | 3.7 | 4.7 | -35.2% |
| Others | 67.7 | 44.2 | 70.1 | 120 | 21.0% |
| Total | 504 | 411 | 470 | 1,162 | 32.1% |
Top Suppliers of Watch Movements; Complete and Assembled to Norway in 2022:
- China (19.4K units)
- Hong Kong SAR (19.3K units)
- Switzerland (12.2K units)
- Japan (1.7K units)
- Germany (0.1K units)
Exports of Watch Movements; Complete and Assembled in Norway
In 2022, watch movements; complete and assembled exports from Norway contracted notably to 22 units, declining by -80% compared with the previous year's figure. Overall, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 378%. As a result, the exports attained the peak of 110 units, and then plummeted in the following year.
In value terms, watch movements; complete and assembled exports dropped dramatically to $8.9K in 2022. In general, exports saw a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 97% against the previous year. As a result, the exports reached the peak of $23K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Watch Movements; Complete and Assembled in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | 11.5 | 3.0 | 4.3 | 75.2% |
| Netherlands | N/A | N/A | N/A | 2.0 | 0% |
| France | N/A | 5.4 | 3.7 | 0.8 | -61.5% |
| United Kingdom | N/A | N/A | 1.1 | 0.6 | -45.5% |
| Australia | 0.7 | N/A | N/A | 0.5 | -10.6% |
| Germany | 0.7 | N/A | N/A | 0.3 | -24.6% |
| Czech Republic | N/A | N/A | N/A | 0.1 | 0% |
| Slovenia | N/A | N/A | N/A | 0.1 | 0% |
| Poland | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Spain | N/A | 4.3 | 13.2 | N/A | 207.0% |
| Switzerland | N/A | N/A | 0.9 | N/A | 0% |
| Malaysia | 8.0 | N/A | N/A | N/A | 0% |
| Others | 1.6 | 2.0 | 0.9 | N/A | -25.0% |
| Total | 11.7 | 23.2 | 22.8 | 8.9 | -8.7% |
Top Export Markets for Watch Movements; Complete and Assembled from Norway in 2022:
- United States (7.0 units)
- France (3.0 units)
- Germany (3.0 units)
- Czech Republic (2.0 units)
- Poland (2.0 units)
- Slovenia (2.0 units)
- Netherlands (1.0 units)
- United Kingdom (1.0 units)
- Australia (1.0 units)
317
This report provides an in-depth analysis of the assembled watch movements market in Norway.
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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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This report provides an in-depth analysis of the assembled watch movements market in Norway.
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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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