Price for Watch Movements; Complete and Assembled in the Netherlands - 2023
Contents:
- Price for Watch Movements; Complete and Assembled in the Netherlands (CIF) - 2022
- Price for Watch Movements; Complete and Assembled in the Netherlands (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled in the Netherlands
- Exports of Watch Movements; Complete and Assembled in the Netherlands
Price for Watch Movements; Complete and Assembled in the Netherlands (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembleds amounted to $100 per unit, shrinking by -40.7% against the previous year. In general, the import price, however, saw a prominent increase. The pace of growth was the most pronounced in 2015 an increase of 104% against the previous year. Over the period under review, average import prices reached the maximum at $189 per unit in 2016; however, from 2017 to 2022, 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 the UK ($318 per unit), while the price for Hong Kong SAR ($29 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Movements; Complete and Assembled in the Netherlands (FOB) - 2022
In 2022, the average export price for watch movements; complete and assembleds amounted to $163 per unit, which is down by -13.8% against the previous year. Overall, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 37%. The export price peaked at $252 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Switzerland ($314 per unit), while the average price for exports to Germany ($85 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 Belgium (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Watch Movements; Complete and Assembled in the Netherlands
In 2022, watch movements; complete and assembled imports into the Netherlands skyrocketed to 296K units, with an increase of 29% compared with the previous year's figure. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 156% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, watch movements; complete and assembled imports dropped markedly to $30M in 2022. In general, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 229%. As a result, imports reached the peak of $39M, and then declined remarkably in the following year.
| Import of Watch Movements; Complete and Assembled in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 12.1 | 3.1 | 18.2 | 13.5 | 3.7% |
| United Kingdom | 3.3 | 2.6 | 3.9 | 3.9 | 5.7% |
| Hong Kong SAR | 0.6 | 0.4 | 0.4 | 3.9 | 86.6% |
| Germany | 2.4 | 2.4 | 4.4 | 3.0 | 7.7% |
| Italy | 1.5 | 0.1 | 2.7 | 2.9 | 24.6% |
| Spain | 1.7 | 1.9 | 2.3 | 1.1 | -13.5% |
| Belgium | 0.2 | 0.2 | 0.6 | 0.3 | 14.5% |
| Others | 0.9 | 1.0 | 6.1 | 1.0 | 3.6% |
| Total | 22.7 | 11.7 | 38.6 | 29.6 | 9.3% |
Top Suppliers of Watch Movements; Complete and Assembled to the Netherlands in 2022:
- Hong Kong SAR (133.3K units)
- France (77.9K units)
- Germany (41.1K units)
- Italy (12.4K units)
- United Kingdom (12.3K units)
- Spain (6.2K units)
- Belgium (3.2K units)
Exports of Watch Movements; Complete and Assembled in the Netherlands
In 2022, approx. 149K units of watch movements; complete and assembleds were exported from the Netherlands; stabilizing at the previous year. The total export volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 11%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, watch movements; complete and assembled exports contracted to $24M in 2022. The total export value increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of $28M, and then fell in the following year.
| Export of Watch Movements; Complete and Assembled in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1.8 | 6.9 | 7.3 | 7.2 | 58.7% |
| France | 4.5 | 3.6 | 5.5 | 4.0 | -3.9% |
| Germany | 2.7 | 2.7 | 3.3 | 3.2 | 5.8% |
| Italy | 2.5 | 2.3 | 2.9 | 3.1 | 7.4% |
| United Kingdom | 3.7 | 2.6 | 1.6 | 1.9 | -19.9% |
| Spain | 1.8 | 2.1 | 2.4 | 1.8 | 0.0% |
| Serbia | 0.4 | 0.3 | 0.2 | 0.6 | 14.5% |
| Belgium | 0.5 | 0.5 | 0.7 | 0.6 | 6.3% |
| Others | 2.3 | 2.3 | 4.0 | 1.9 | -6.2% |
| Total | 20.3 | 23.3 | 27.9 | 24.3 | 6.2% |
Top Export Markets for Watch Movements; Complete and Assembled from the Netherlands in 2022:
- Germany (38.3K units)
- France (36.1K units)
- Switzerland (22.8K units)
- Italy (14.1K units)
- United Kingdom (9.7K units)
- Spain (7.5K units)
- Serbia (4.6K units)
- Belgium (4.1K units)
257
This report provides an in-depth analysis of the assembled watch movements market in the Netherlands.
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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.
257
This report provides an in-depth analysis of the assembled watch movements market in the Netherlands.
393
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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