Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Croatia - 2023

Contents:

  1. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Croatia (CIF) - 2022
  2. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Croatia (FOB) - 2023
  3. Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Croatia
  4. Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Croatia

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

In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $1,077 per unit, rising by 16% against the previous year. In general, the import price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2016 an increase of 49% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($1,887 per unit), while the price for Hungary ($54 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.6%), 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 Croatia (FOB) - 2023

The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $1,422 per unit in October 2023, increasing by 146% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 266% against the previous month. The export price peaked at $3,389 per unit in July 2023; afterwards, it flattened through to October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($2,533 per unit), while the average price for exports to Latvia ($180 per unit) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+16.7%), 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 Croatia

After three years of growth, supplies from abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings decreased by -24.1% to 12K units in 2022. Over the period under review, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 88% against the previous year. As a result, imports attained the peak of 16K units, and then fell rapidly in the following year.

In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings shrank to $13M in 2022. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 77% against the previous year. As a result, imports attained the peak of $15M, and then dropped in the following year.

Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland0.92.04.04.267.1%
Slovenia2.11.53.32.56.0%
Austria1.01.31.92.535.7%
Germany0.41.61.92.071.0%
Netherlands1.31.01.61.2-2.6%
Italy0.10.21.00.226.0%
FranceN/AN/A0.20.1-50.0%
ChinaN/AN/AN/AN/A0%
OthersN/A0.60.70.3-29.3%
Total5.88.314.713.030.9%

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

  1. Switzerland (4.2K units)
  2. Austria (2.0K units)
  3. Germany (1.5K units)
  4. Netherlands (1.4K units)
  5. Slovenia (1.3K units)
  6. France (1.2K units)
  7. Italy (0.2K units)
  8. China (0.2K units)

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

In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings exported from Croatia contracted dramatically to 4.1K units, falling by -38.1% on the previous year's figure. Over the period under review, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 211% against the previous year. As a result, the exports reached the peak of 6.6K units, and then reduced dramatically in the following year.

In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings contracted dramatically to $13M in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 464% against the previous year. As a result, the exports reached the peak of $21M, and then plummeted in the following year.

Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A15.77.3-53.5%
Slovenia2.00.92.11.6-7.2%
SwedenN/AN/A0.91.677.8%
Belgium0.2N/A0.20.426.0%
Hong Kong SARN/A1.91.00.3-60.3%
JapanN/AN/AN/A0.20%
MontenegroN/AN/AN/A0.10%
United StatesN/A0.20.40.1-29.3%
Others0.50.70.91.440.9%
Total2.73.821.312.968.4%

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

  1. Germany (1192.0 units)
  2. Slovenia (887.0 units)
  3. Sweden (775.0 units)
  4. Hong Kong SAR (267.0 units)
  5. Montenegro (216.0 units)
  6. Japan (158.0 units)
  7. Belgium (126.0 units)
  8. United States (92.0 units)

Source: IndexBox Market Intelligence Platform

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