Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Belgium - 2023
Contents:
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Belgium (FOB) - 2022
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Belgium (CIF) - 2022
- Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Belgium
- Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Belgium
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Belgium (FOB) - 2022
In 2022, the average export price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $189 per unit, jumping by 311% against the previous year. Over the period under review, the export price enjoyed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($576 per unit), while the average price for exports to Italy ($5.3 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 Japan (+38.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Belgium (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $93 per unit, shrinking by -50.6% against the previous year. Over the period under review, the import price, however, showed a pronounced increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 151% against the previous year. As a result, import price reached the peak level of $370 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Croatia ($218 per unit), while the price for South Korea ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+41.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Belgium
In 2022, after two years of decline, there was growth in shipments abroad of watch movements; complete and assembled, not automatic winding or electrically operateds, when their volume increased by 4.6% to 1.5K units. Over the period under review, exports, however, saw a perceptible slump. The exports peaked at 1.6K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds surged to $285K in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 23.1 | 109 | 2.4 | 249 | 120.9% |
| Netherlands | 20.4 | 10.1 | 29.8 | 17.9 | -4.3% |
| France | N/A | 8.8 | 8.2 | 8.0 | -4.7% |
| Gabon | N/A | 2.1 | 0.8 | 3.3 | 25.4% |
| United States | 62.6 | 36.0 | 5.0 | 2.5 | -65.8% |
| Germany | N/A | N/A | 2.4 | 1.3 | -45.8% |
| Italy | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Vietnam | N/A | N/A | 8.5 | N/A | 0% |
| Mauritius | N/A | N/A | 2.4 | N/A | 0% |
| Others | 19.9 | 8.6 | 6.5 | 1.7 | -56.0% |
| Total | 126 | 175 | 66.2 | 285 | 31.3% |
Top Export Markets for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated from Belgium in 2022:
- Switzerland (433.0 units)
- Netherlands (417.0 units)
- France (339.0 units)
- Italy (128.0 units)
- Gabon (77.0 units)
- United States (58.0 units)
- Germany (29.0 units)
Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Belgium
In 2022, imports of watch movements; complete and assembled, not automatic winding or electrically operateds into Belgium dropped rapidly to 910 units, waning by -50.4% against 2021 figures. Over the period under review, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 1,047%. As a result, imports attained the peak of 1.8K units, and then shrank dramatically in the following year.
In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds fell significantly to $85K in 2022. Overall, imports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 742%. Over the period under review, imports of reached the peak figure at $474K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 31.6 | 11.9 | 23.6 | 34.9 | 3.4% |
| Croatia | 86.9 | N/A | 49.1 | 32.2 | -28.2% |
| Switzerland | 33.3 | 25.0 | 84.2 | 12.1 | -28.6% |
| China | N/A | N/A | 15.0 | 1.9 | -87.3% |
| United Kingdom | N/A | N/A | 0.9 | 1.2 | 33.3% |
| South Korea | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Hong Kong SAR | 2.9 | 0.7 | 5.1 | 0.2 | -59.0% |
| Germany | 206 | 1.3 | 101 | N/A | -30.0% |
| France | 5.2 | 0.1 | 9.9 | N/A | 38.0% |
| Others | 108 | 2.0 | 55.6 | 1.9 | -74.0% |
| Total | 474 | 41.0 | 345 | 84.6 | -43.7% |
Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Belgium in 2022:
- Netherlands (387.0 units)
- Switzerland (213.0 units)
- Croatia (148.0 units)
- China (89.0 units)
- United Kingdom (26.0 units)
- South Korea (16.0 units)
- Hong Kong SAR (6.0 units)
- Germany (1.0 units)
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This report provides an in-depth analysis of the assembled watch movements market in Belgium.
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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 Belgium.
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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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