Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Spain - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Spain (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Spain (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Spain
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Spain
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Spain (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $935 per unit in 2022, increasing by 34% against the previous year. In general, the import price recorded strong growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 59% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($3,004 per unit), while the price for Belgium ($30 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+25.4%), 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 Spain (FOB) - 2022
In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $882 per unit, reducing by -3.8% against the previous year. In general, the export price, however, saw a remarkable increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 68% against the previous year. The export price peaked at $916 per unit in 2021, and then shrank modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($3,813 per unit), while the average price for exports to El Salvador ($18 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 Belgium (+43.4%), 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 Spain
In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings imported into Spain contracted to 255K units, waning by -7.6% against 2021 figures. Overall, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 16%. Imports peaked at 370K 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 skyrocketed to $238M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% 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 +62.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 31%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 8.7 | 97.4 | 126 | 160 | 164.0% |
| Switzerland | 180 | 24.5 | 28.5 | 36.3 | -41.4% |
| Germany | 7.1 | 16.5 | 28.8 | 28.1 | 58.2% |
| China | 3.1 | 1.6 | 2.8 | 3.3 | 2.1% |
| Ireland | 2.2 | 1.9 | 0.3 | 2.4 | 2.9% |
| Japan | 1.4 | 2.0 | 2.1 | 1.8 | 8.7% |
| Italy | 1.6 | 1.0 | 0.5 | 1.7 | 2.0% |
| Belgium | N/A | N/A | N/A | 0.9 | 0% |
| United Kingdom | 0.2 | 0.3 | 0.1 | 0.1 | -20.6% |
| Others | 1.3 | 1.4 | 2.1 | 3.3 | 36.4% |
| Total | 206 | 147 | 192 | 238 | 4.9% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Spain in 2022:
- China (82.9K units)
- France (56.6K units)
- Germany (44.5K units)
- Belgium (28.2K units)
- Switzerland (12.1K units)
- Japan (7.6K units)
- Italy (7.3K units)
- United Kingdom (1.6K units)
- Ireland (1.2K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Spain
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 11% to 65K units. In general, exports, however, recorded a deep downturn. The exports peaked at 100K 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 rose significantly to $58M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 40%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Andorra | 8.4 | 8.5 | 11.3 | 12.3 | 13.6% |
| Portugal | 5.1 | 5.7 | 9.7 | 11.4 | 30.8% |
| Italy | 7.1 | 6.8 | 9.6 | 9.4 | 9.8% |
| Switzerland | 4.0 | 1.0 | 3.8 | 5.6 | 11.9% |
| Germany | 2.4 | 2.3 | 2.1 | 2.6 | 2.7% |
| Hong Kong SAR | 4.9 | 1.6 | 1.8 | 2.4 | -21.2% |
| France | 4.0 | 1.6 | 1.2 | 1.4 | -29.5% |
| United States | 1.3 | 0.9 | 0.8 | 0.6 | -22.7% |
| Japan | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Mexico | 0.2 | 0.4 | 0.1 | 0.3 | 14.5% |
| Hungary | 0.5 | 0.5 | N/A | N/A | 0.0% |
| El Salvador | N/A | N/A | N/A | N/A | 0% |
| Georgia | N/A | N/A | N/A | N/A | 0% |
| Others | 8.6 | 9.0 | 13.2 | 11.1 | 8.9% |
| Total | 46.5 | 38.3 | 53.9 | 57.7 | 7.5% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Spain in 2022:
- Portugal (17.3K units)
- Andorra (10.7K units)
- Mexico (4.8K units)
- Germany (4.6K units)
- France (3.7K units)
- Italy (3.4K units)
- Georgia (2.1K units)
- Japan (1.7K units)
- El Salvador (1.6K units)
- United States (1.5K units)
- Switzerland (1.5K units)
- Hong Kong SAR (1.4K units)
- Hungary (0.1K units)
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