Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Russia - 2022
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Russia (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Russia (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Russia
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Russia
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Russia (CIF) - 2022
In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $747 per unit, which is down by -19.3% against the previous year. Over the period under review, the import price recorded a mild decline. The most prominent rate of growth was recorded in 2020 an increase of 105% against the previous year. As a result, import price reached the peak level of $1,255 per unit. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($1,963 per unit), while the price for Lithuania ($60 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Armenia (+21.9%), 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 Russia (FOB) - 2022
In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $393 per unit, dropping by -8.1% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 68%. As a result, the export price attained the peak level of $875 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($2,024 per unit), while the average price for exports to Singapore ($54 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 Bulgaria (+20.5%), 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 Russia
In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings imported into Russia fell dramatically to 38K units, declining by -75.2% against the previous year's figure. In general, imports showed a significant decrease. 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 at 157K 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 declined dramatically to $28M in 2022. Over the period under review, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of $141M, and then fell rapidly in the following year.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 84.0 | 106 | 129 | 23.6 | -34.5% |
| China | 0.1 | 0.1 | 0.7 | 0.8 | 100.0% |
| Hong Kong SAR | 3.6 | 1.2 | 2.2 | 0.7 | -42.1% |
| Armenia | N/A | N/A | N/A | 0.6 | 0% |
| Germany | 3.2 | 2.2 | 3.7 | 0.5 | -46.1% |
| Japan | 0.2 | 0.3 | 0.9 | 0.2 | 0.0% |
| Lithuania | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 4.6 | 3.7 | 4.3 | 1.6 | -29.7% |
| Total | 95.7 | 114 | 141 | 28.2 | -33.5% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Russia in 2022:
- Switzerland (12.0K units)
- China (10.1K units)
- Hong Kong SAR (7.2K units)
- Lithuania (3.6K units)
- Germany (1.4K units)
- Armenia (1.1K units)
- Japan (0.7K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Russia
In 2022, after three years of growth, there was significant decline in overseas shipments of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings, when their volume decreased by -41.4% to 7.2K units. In general, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 106% against the previous year. Over the period under review, the exports of reached the maximum at 12K units in 2021, and then declined markedly in the following year.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings shrank markedly to $2.8M in 2022. Overall, exports showed a deep slump. The growth pace was the most rapid in 2020 when exports increased by 28%. Over the period under review, the exports of hit record highs at $5.2M in 2021, and then dropped markedly in the following year.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1,754 | 2,371 | 1,384 | 771 | -24.0% |
| Bulgaria | N/A | 266 | 571 | 564 | 45.6% |
| Kazakhstan | 1,086 | 905 | 1,376 | 314 | -33.9% |
| United States | 69.0 | 82.1 | 110 | 284 | 60.3% |
| United Arab Emirates | N/A | N/A | 20.1 | 260 | 1193.5% |
| Germany | 139 | 267 | 431 | 148 | 2.1% |
| Japan | 32.1 | 69.9 | 119 | 106 | 48.9% |
| France | 59.1 | 31.0 | 71.8 | 68.6 | 5.1% |
| Hong Kong SAR | 77.0 | 135 | 64.0 | 63.0 | -6.5% |
| Poland | 97.9 | 94.8 | 104 | 37.8 | -27.2% |
| Indonesia | 25.5 | 18.4 | 9.2 | 25.1 | -0.5% |
| Singapore | N/A | N/A | 1.8 | 13.2 | 633.3% |
| Chile | N/A | 0.2 | 12.7 | 9.5 | 589.2% |
| Others | 663 | 869 | 973 | 162 | -37.5% |
| Total | 4,003 | 5,109 | 5,247 | 2,827 | -10.9% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Russia in 2022:
- United Arab Emirates (1589.0 units)
- United States (1259.0 units)
- Germany (1049.0 units)
- Bulgaria (582.0 units)
- Hong Kong SAR (400.0 units)
- Poland (394.0 units)
- Switzerland (381.0 units)
- Japan (263.0 units)
- Singapore (244.0 units)
- Kazakhstan (156.0 units)
- Indonesia (155.0 units)
- France (127.0 units)
- Chile (123.0 units)
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