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

Contents:

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

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

The average export price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $965 per unit in 2022, picking up by 2,696% against the previous year. In general, the export price continues to indicate significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Spain ($5,378 per unit), while the average price for exports to the Netherlands totaled $57 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+72.8%).

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

In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $79 per unit, dropping by -56.4% against the previous year. In general, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 658%. The import price peaked at $271 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($260 per unit), while the price for Germany ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+54.5%), 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 Greece

In 2022, overseas shipments of watch movements; complete and assembled, not automatic winding or electrically operateds decreased by -94.7% to 41 units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 9,488%. As a result, the exports reached the peak of 767 units, and then shrank notably in the following year.

In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds skyrocketed to $40K in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 10,709%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.

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

1. Netherlands (34.0 units)
2. Spain (7.0 units)

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

In 2022, imports of watch movements; complete and assembled, not automatic winding or electrically operateds into Greece dropped markedly to 47 units, waning by -92.1% against 2021 figures. In general, imports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 445% against the previous year. As a result, imports attained the peak of 594 units, and then fell rapidly in the following year.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds declined notably to $3.7K in 2022. Over the period under review, imports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 960% against the previous year. As a result, imports attained the peak of $107K, and then reduced notably in the following year.

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

1. France (31.0 units)
2. Germany (9.0 units)
3. Netherlands (7.0 units)

Source: IndexBox Market Intelligence Platform