Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Romania - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Romania (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Romania (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Romania
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Romania
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Romania (CIF) - 2022
In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $502 per unit, remaining constant against the previous year. Overall, the import price recorded a temperate increase. The pace of growth was the most pronounced in 2021 an increase of 53%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 ($5,542 per unit), while the price for Hong Kong SAR ($26 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.8%), 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 Romania (FOB) - 2022
In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $556 per unit, with an increase of 2.3% against the previous year. Over the period under review, the export price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 273%. Over the period under review, the average export prices attained the maximum at $1,380 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($1,399 per unit), while the average price for exports to Bulgaria ($91 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 Slovakia (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Romania
In 2022, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into Romania rose rapidly to 40K units, with an increase of 14% against the previous year. In general, imports, however, continue to indicate a deep contraction. Over the period under review, imports of hit record highs at 49K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings rose significantly to $20M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +92.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 68%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.7 | 3.3 | 7.2 | 7.7 | 27.7% |
| Switzerland | 5.7 | 4.6 | 7.3 | 7.4 | 9.1% |
| Austria | 1.0 | 0.9 | 1.0 | 2.0 | 26.0% |
| Germany | 0.5 | 0.4 | 0.9 | 1.6 | 47.4% |
| China | 0.8 | 0.5 | 0.4 | 0.3 | -27.9% |
| Italy | 0.3 | 0.3 | 0.2 | 0.1 | -30.7% |
| Hong Kong SAR | N/A | N/A | N/A | 0.1 | 0% |
| Thailand | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Spain | N/A | N/A | N/A | 0.1 | 0% |
| Cyprus | 0.5 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.2 | 0.3 | 0.5 | 0.0% |
| Total | 13.0 | 10.4 | 17.4 | 20.0 | 15.4% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Romania in 2022:
- Switzerland (12.3K units)
- Germany (10.1K units)
- Hong Kong SAR (5.3K units)
- China (5.0K units)
- Thailand (1.7K units)
- France (1.4K units)
- Spain (1.3K units)
- Austria (0.6K units)
- Italy (0.5K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Romania
For the third consecutive year, Romania recorded decline in shipments abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings, which decreased by -25.5% to 1.7K units in 2022. In general, exports faced a precipitous contraction. The smallest decline of -6.2% was in 2021. Over the period under review, the exports of attained the maximum at 4.6K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings contracted rapidly to $950K in 2022. Over the period under review, exports showed a deep slump. The smallest decline of -10.8% was in 2021. The exports peaked at $1.8M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 836 | 887 | 872 | 434 | -19.6% |
| Austria | 270 | 270 | 225 | 273 | 0.4% |
| United Kingdom | 0.6 | 0.4 | 3.7 | 97.7 | 446.1% |
| Slovakia | N/A | N/A | 2.4 | 64.7 | 2595.8% |
| Bulgaria | 23.7 | 40.9 | 29.6 | 17.8 | -9.1% |
| Hungary | 21.9 | 22.3 | 16.1 | 12.7 | -16.6% |
| Turkey | 49.8 | N/A | N/A | N/A | 0% |
| Others | 573 | 176 | 97.0 | 50.0 | -55.6% |
| Total | 1,775 | 1,397 | 1,246 | 950 | -18.8% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Romania in 2022:
- Switzerland (596.0 units)
- Slovakia (314.0 units)
- United Kingdom (228.0 units)
- Bulgaria (196.0 units)
- Austria (195.0 units)
- Hungary (132.0 units)
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