Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belarus - 2022

Contents:

  1. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belarus (CIF) - 2022
  2. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belarus (FOB) - 2022
  3. Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belarus
  4. Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belarus

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belarus (CIF) - 2022

The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $127 per unit in 2022, with a decrease of -54.1% against the previous year. Overall, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2017 an increase of 65% against the previous year. As a result, import price reached the peak level of $532 per unit. From 2018 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 Russia ($1,852 per unit), while the price for Armenia ($3.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belarus (FOB) - 2022

The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $587 per unit in 2022, surging by 5.9% against the previous year. In general, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 131% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($571 per unit), while the average price for exports to Germany ($260 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belarus

In 2022, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into Belarus soared to 9.1K units, with an increase of 91% against 2021 figures. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings reduced to $1.2M in 2022. In general, imports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. As a result, imports reached the peak of $1.3M, and then dropped in the following year.

Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland24921423758633.0%
Russia3053565843353.2%
China79.618.822.129.8-27.9%
Japan1.07.937.921.7178.9%
France0.97.235.420.3182.5%
ArmeniaN/AN/AN/A10.90%
Germany3.80.15.48.631.3%
Others644423401149-38.6%
Total1,2831,0281,3231,162-3.2%

Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Belarus in 2022:

  1. Armenia (3.5K units)
  2. Switzerland (2.3K units)
  3. China (2.1K units)
  4. Japan (0.3K units)
  5. France (0.3K units)
  6. Germany (0.2K units)
  7. Russia (0.2K units)

Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belarus

In 2022, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings from Belarus skyrocketed to 70 units, picking up by 52% on the previous year. In general, exports, however, continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 130%. Over the period under review, the exports of attained the maximum at 81 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings soared to $41K in 2022. Overall, exports recorded a slight expansion. The pace of growth was the most pronounced in 2021 when exports increased by 207%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia28.51.915.925.3-3.9%
Germany1.70.10.82.17.3%
China0.20.10.81.176.5%
Latvia1.5N/AN/AN/A0%
Czech RepublicN/A2.5N/AN/A0%
Others7.43.78.012.619.4%
Total39.38.325.541.11.5%

Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Belarus in 2022:

  1. Russia (58.0 units)
  2. Germany (8.0 units)
  3. China (2.0 units)

Source: IndexBox Market Intelligence Platform

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