Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Croatia - 2023

Contents:

  1. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Croatia (CIF) - 2022
  2. Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Croatia

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Croatia (CIF) - 2022

In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $39 per unit, increasing by 127% against the previous year. Overall, the import price recorded a significant increase. The most prominent rate of growth was recorded in 2016 an increase of 383%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

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 Germany ($54 per unit), while the price for Italy totaled $8 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+39.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Croatia

For the third year in a row, Croatia recorded decline in overseas purchases of watches; complete movements, unassembled or partly assembled (movement sets), which decreased by -78.6% to 12 units in 2022. Over the period under review, imports showed a sharp descent. The smallest decline of -51.7% was in 2021. Imports peaked at 2.7K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) dropped dramatically to $465 in 2022. In general, imports saw a precipitous curtailment. The smallest decline of -9.1% was in 2021. Over the period under review, imports of attained the peak figure at $12K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.10.10.20.458.7%
China11.70.40.2N/A-86.9%
ItalyN/AN/AN/AN/A0%
Others0.10.50.6N/A144.9%
Total11.91.11.00.5-65.2%

Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Croatia in 2022:

  1. Germany (8.0 units)
  2. Italy (4.0 units)

Source: IndexBox Market Intelligence Platform

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