Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Germany - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Germany (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Germany (FOB) - 2023
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Germany
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Germany
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Germany (CIF) - 2022
In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $618 per unit, falling by -14.5% against the previous year. Overall, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2018 an increase of 25% against the previous year. The import price peaked at $1,096 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 France ($3,771 per unit), while the price for Hong Kong SAR ($47 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+25.7%), 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 Germany (FOB) - 2023
The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $853 per unit in October 2023, surging by 21% against the previous month. Overall, export price indicated mild growth from November 2022 to October 2023: its price increased at an average monthly rate of +1.6% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings decreased by -8.1% against August 2023 indices. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 40% against the previous month. The export price peaked at $1,230 per unit in May 2023; however, from June 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was the United States ($3,101 per unit), while the average price for exports to Slovenia ($99.3 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 Switzerland (+4.5%), 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 Germany
In 2022, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into Germany surged to 1.4M units, increasing by 38% on 2021 figures. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.8% against 2020 indices. 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 soared to $863M in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 589 | 492 | 597 | 674 | 4.6% |
| France | 6.9 | 60.0 | 79.6 | 109 | 150.9% |
| Hong Kong SAR | 3.0 | 2.4 | 5.5 | 24.1 | 100.3% |
| Netherlands | 1.7 | 7.5 | 10.9 | 16.0 | 111.1% |
| China | 16.7 | 11.3 | 10.4 | 7.6 | -23.1% |
| Poland | 3.2 | 3.5 | 2.5 | 2.9 | -3.2% |
| Others | 26.0 | 30.1 | 23.6 | 29.2 | 3.9% |
| Total | 647 | 607 | 730 | 863 | 10.1% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Germany in 2022:
- Hong Kong SAR (509.8K units)
- Switzerland (471.4K units)
- Netherlands (151.3K units)
- China (113.4K units)
- France (28.8K units)
- Poland (24.7K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Germany
In 2022, approx. 1.1M units of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were exported from Germany; growing by 65% against the previous year's figure. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings expanded markedly to $496M in 2022. The total export value increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 68.0 | 60.1 | 86.2 | 107 | 16.3% |
| Italy | 31.7 | 62.0 | 70.6 | 74.5 | 33.0% |
| Spain | 20.3 | 22.1 | 38.7 | 41.9 | 27.3% |
| United States | 22.4 | 20.9 | 32.8 | 33.7 | 14.6% |
| Hong Kong SAR | 39.6 | 36.9 | 37.0 | 31.8 | -7.1% |
| Switzerland | 21.6 | 18.7 | 25.8 | 26.4 | 6.9% |
| Austria | 16.0 | 14.9 | 19.7 | 23.2 | 13.2% |
| Poland | 7.8 | 8.6 | 12.8 | 21.8 | 40.9% |
| Netherlands | 8.0 | 11.5 | 13.1 | 16.7 | 27.8% |
| United Kingdom | 28.6 | 20.1 | 15.0 | 9.5 | -30.7% |
| Belgium | 3.9 | 6.2 | 10.5 | 8.6 | 30.2% |
| Turkey | 4.4 | 1.5 | 1.6 | 4.3 | -0.8% |
| Others | 91.7 | 72.5 | 96.8 | 97.0 | 1.9% |
| Total | 364 | 356 | 461 | 496 | 10.9% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Germany in 2022:
- Italy (240.8K units)
- France (211.2K units)
- Spain (117.0K units)
- Poland (116.0K units)
- Austria (62.1K units)
- United States (44.5K units)
- Belgium (35.4K units)
- Netherlands (33.0K units)
- Switzerland (25.8K units)
- Turkey (18.2K units)
- Hong Kong SAR (18.0K units)
- United Kingdom (16.1K units)
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