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

Contents:

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

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

In 2022, the average export price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $181 per unit, which is down by -87% against the previous year. Overall, the export price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 160%. The export price peaked at $1,389 per unit in 2021, and then dropped rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($385 per unit), while the average price for exports to Norway totaled $40 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+73.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $37 per unit, picking up by 3% against the previous year. Over the period under review, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 144%. Over the period under review, average import prices attained the maximum at $120 per unit in 2019; however, from 2020 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 China ($168 per unit), while the price for Switzerland ($21 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+46.5%), 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 Denmark

Exports of watch movements; complete and assembled, not automatic winding or electrically operateds from Denmark soared to 276 units in 2022, rising by 1,625% against 2021 figures. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds soared to $50K in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Norway (197.0 units)
2. Japan (77.0 units)
3. United Kingdom (1.0 units)

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

In 2022, approx. 1.2K units of watch movements; complete and assembled, not automatic winding or electrically operateds were imported into Denmark; increasing by 135% compared with 2021 figures. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds skyrocketed to $44K in 2022. In general, imports, however, recorded a abrupt shrinkage. Over the period under review, imports of attained the maximum at $54K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Switzerland (873.0 units)
2. Germany (172.0 units)
3. United Kingdom (41.0 units)
4. Singapore (34.0 units)
5. United States (23.0 units)
6. Hong Kong SAR (14.0 units)
7. China (3.0 units)

Source: IndexBox Market Intelligence Platform