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

Contents:

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

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

In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $1,792 per unit, reducing by -70.4% against the previous year. Overall, the export price, however, saw notable growth. The most prominent rate of growth was recorded in 2021 an increase of 133% against the previous year. As a result, the export price attained the peak level of $6,060 per unit, and then reduced markedly in the following year.

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 Hong Kong SAR ($20,008 per unit), while the average price for exports to Latvia ($425 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 Hong Kong SAR (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $900 per unit, shrinking by -67.8% against the previous year. Over the period under review, the import price showed a slight reduction. The pace of growth appeared the most rapid in 2021 an increase of 271% against the previous year. As a result, import price attained the peak level of $2,798 per unit, and then declined remarkably in the following year.

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 the Netherlands ($4,513 per unit), while the price for Italy ($216 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in overseas shipments of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings, when their volume increased by 388% to 2.9K units. Over the period under review, exports, however, showed a noticeable descent. The exports peaked at 3.3K 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 $5.1M in 2022. In general, exports, however, continue to indicate a perceptible descent. Over the period under review, the exports of reached the peak figure at $5.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR4,4532,6543,0062,481-17.7%
Latvia39.671.483.3895182.7%
Switzerland18017.339.280664.8%
Poland1.8N/AN/A249417.2%
Sweden166N/A0.35.3-68.3%
BulgariaN/A188N/AN/A0%
Russia37.47.62.6N/A-73.6%
Cyprus577127N/AN/A-78.0%
Uzbekistan3.10.7N/AN/A-77.4%
Others20696141467948.8%
Total5,6634,0273,5455,116-3.3%

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

  1. Latvia (2106.0 units)
  2. Switzerland (467.0 units)
  3. Hong Kong SAR (124.0 units)
  4. Poland (59.0 units)
  5. Sweden (18.0 units)

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

After two years of decline, overseas purchases of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings increased by 169% to 5.2K units in 2022. Overall, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports of attained the maximum at 6.8K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings contracted to $4.7M in 2022. In general, imports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. As a result, imports reached the peak of $5.4M, and then declined in the following year.

Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A18.52,1061,336749.8%
Belgium9155501,9191,1648.4%
Switzerland1,9411,1909511,044-18.7%
Italy45.00.81.1695149.0%
Ireland18920.12211900.2%
China14013.517.642.2-33.0%
France1,2981,2000.13.1-86.6%
Others873262218225-36.4%
Total5,4013,2565,4344,700-4.5%

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

  1. Italy (3212.0 units)
  2. Belgium (851.0 units)
  3. Switzerland (511.0 units)
  4. Netherlands (296.0 units)
  5. China (149.0 units)
  6. France (13.0 units)
  7. Ireland (13.0 units)

Source: IndexBox Market Intelligence Platform

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