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

Contents:

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

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

The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $661 per unit in 2022, approximately mirroring the previous year. In general, the import price showed resilient growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 40%. The import price peaked at $1,084 per unit in 2019; however, from 2020 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 Switzerland ($1,838 per unit), while the price for Denmark ($47 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+24.5%), 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 Finland (FOB) - 2022

The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $1,603 per unit in 2022, shrinking by -43.5% against the previous year. Over the period under review, the export price, however, posted a significant increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 1,051% against the previous year. The export price peaked at $4,707 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($13,794 per unit), while the average price for exports to Belarus ($63 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 British Virgin Islands (+47.6%), 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 Finland

In 2022, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into Finland skyrocketed to 16K units, picking up by 17% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. 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 surged to $11M in 2022. Overall, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Imports peaked at $15M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Sweden (4.8K units)
2. Denmark (2.8K units)
3. Germany (2.7K units)
4. Switzerland (2.4K units)
5. France (1.6K units)
6. Hong Kong SAR (0.9K units)
7. Italy (0.6K units)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings, when their volume increased by 22% to 435 units. In general, exports, however, continue to indicate a sharp shrinkage. Over the period under review, the exports of attained the peak figure at 1.3K 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 reduced remarkably to $697K in 2022. Over the period under review, exports, however, continue to indicate a dramatic decrease. The smallest decline of -7.5% was in 2021. Over the period under review, the exports of reached the maximum at $4.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. Bulgaria (206.0 units)
2. Belarus (58.0 units)
3. United States (40.0 units)
4. Slovakia (28.0 units)
5. Switzerland (23.0 units)
6. Hungary (13.0 units)
7. United Arab Emirates (11.0 units)
8. Latvia (11.0 units)
9. Estonia (3.0 units)
10. Japan (2.0 units)

Source: IndexBox Market Intelligence Platform