Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Austria - 2023

Contents:

1. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Austria (FOB) - 2022
2. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Austria (CIF) - 2022
3. Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Austria
4. Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Austria

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Austria (FOB) - 2022

The average export price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $105 per unit in 2022, rising by 81% against the previous year. Overall, the export price, however, saw a abrupt setback. Over the period under review, the average export prices reached the maximum at $281 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($383 per unit), while the average price for exports to Switzerland amounted to $52 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+41.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Austria (CIF) - 2022

In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $16 per unit, reducing by -59% against the previous year. Overall, the import price faced a deep slump. The pace of growth appeared the most rapid in 2014 an increase of 46%. The import price peaked at $376 per unit in 2017; however, from 2018 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 ($265 per unit), while the price for the United States ($7.6 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 (+14.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Austria

In 2022, overseas shipments of watch movements; complete and assembled, not automatic winding or electrically operateds decreased by -53.7% to 381 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 15% against the previous year. The exports peaked at 823 units in 2021, and then declined dramatically in the following year.

In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds reduced remarkably to $40K in 2022. Overall, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 3.6% against the previous year. The exports peaked at $59K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated from Austria in 2022:

1. Switzerland (368.0 units)
2. Netherlands (9.0 units)

Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Austria

In 2022, imports of watch movements; complete and assembled, not automatic winding or electrically operateds into Austria skyrocketed to 1.8K units, growing by 73% against the previous year. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 630% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds declined rapidly to $29K in 2022. In general, imports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. Over the period under review, imports of reached the maximum at $52K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Austria in 2022:

1. United States (1710.0 units)
2. Switzerland (49.0 units)
3. Netherlands (28.0 units)
4. China (17.0 units)

Source: IndexBox Market Intelligence Platform