Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Japan - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Japan (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Japan (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Japan
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Japan
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Japan (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $4,036 per unit in 2022, falling by -2.4% against the previous year. In general, the import price, however, saw a resilient expansion. The pace of growth was the most pronounced in 2020 an increase of 26%. The import price peaked at $4,136 per unit in 2021, and then shrank slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($4,185 per unit), while the price for Hong Kong SAR ($291 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.5%), 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 Japan (FOB) - 2022
In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $233 per unit, picking up by 8.5% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 34%. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($523 per unit), while the average price for exports to Saudi Arabia ($60 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 Singapore (+12.0%), 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 Japan
After two years of decline, supplies from abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings increased by 10% to 317K units in 2022. Overall, imports, however, saw a deep reduction. Over the period under review, imports of reached the maximum at 450K 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 rose notably to $1.3B in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Over the period under review, imports of hit record highs 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 Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1,204 | 1,002 | 1,167 | 1,260 | 1.5% |
| Germany | 5.1 | 5.2 | 5.2 | 5.4 | 1.9% |
| Hong Kong SAR | 7.0 | 5.6 | 2.5 | 1.1 | -46.0% |
| Others | 18.6 | 17.7 | 17.5 | 13.9 | -9.3% |
| Total | 1,234 | 1,030 | 1,192 | 1,281 | 1.3% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Japan in 2022:
- Switzerland (301.2K units)
- Germany (4.9K units)
- Hong Kong SAR (3.8K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Japan
In 2022, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings from Japan rose slightly to 569K units, with an increase of 2.6% compared with the year before. Over the period under review, exports, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of 14%. The exports peaked at 631K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings totaled $133M in 2022. The total export value increased at an average annual rate of +12.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.2 | 14.2 | 24.7 | 32.5 | 42.6% |
| Hong Kong SAR | 22.2 | 15.7 | 17.4 | 18.7 | -5.6% |
| Netherlands | 3.1 | 9.4 | 15.4 | 14.4 | 66.9% |
| United Arab Emirates | 12.9 | 7.6 | 7.8 | 8.8 | -12.0% |
| Singapore | 4.0 | 6.2 | 7.2 | 7.5 | 23.3% |
| Australia | 2.0 | 3.2 | 4.3 | 5.2 | 37.5% |
| Thailand | 3.2 | 4.8 | 3.5 | 4.8 | 14.5% |
| United Kingdom | 1.2 | 2.8 | 3.9 | 4.4 | 54.2% |
| China | 8.8 | 7.7 | 6.2 | 4.4 | -20.6% |
| Malaysia | 2.0 | 2.6 | 2.6 | 3.1 | 15.7% |
| Jordan | 2.2 | 1.2 | 2.3 | 1.3 | -16.1% |
| Saudi Arabia | 3.3 | 1.7 | 1.5 | 1.2 | -28.6% |
| Qatar | 0.7 | 0.5 | 0.8 | 1.2 | 19.7% |
| Others | 17.7 | 20.2 | 21.6 | 25.2 | 12.5% |
| Total | 94.5 | 97.8 | 119 | 133 | 12.1% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Japan in 2022:
- United States (133.7K units)
- Hong Kong SAR (77.0K units)
- Netherlands (73.0K units)
- United Arab Emirates (51.3K units)
- China (31.8K units)
- Saudi Arabia (20.7K units)
- Australia (20.0K units)
- United Kingdom (17.0K units)
- Singapore (14.2K units)
- Qatar (11.8K units)
- Thailand (11.1K units)
- Malaysia (10.6K units)
- Jordan (10.5K units)
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