Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Czech Republic - 2023

Contents:

  1. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Czech Republic (CIF) - 2022
  2. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Czech Republic (FOB) - 2022
  3. Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Czech Republic
  4. Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Czech Republic

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Czech Republic (CIF) - 2022

In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $461 per unit, rising by 25% against the previous year. In general, the import price, however, saw a abrupt setback. The growth pace was the most rapid in 2017 an increase of 72% against the previous year. The import price peaked at $1,166 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Switzerland ($3,679 per unit), while the price for Hong Kong SAR ($48 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.2%), 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 the Czech Republic (FOB) - 2022

In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $247 per unit, dropping by -21.5% against the previous year. Overall, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices attained the maximum at $950 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($891 per unit), while the average price for exports to Bulgaria ($78 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 Montenegro (+60.1%), 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 the Czech Republic

Imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into the Czech Republic rose significantly to 135K units in 2022, with an increase of 7.9% against 2021 figures. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 247%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings soared to $62M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland35.724.024.634.4-1.2%
France0.33.96.110.5227.1%
Germany2.42.12.74.321.5%
Hong Kong SAR0.10.14.44.2247.6%
Italy0.30.50.40.732.6%
China0.4N/AN/A0.614.5%
Spain0.20.40.50.426.0%
Others1.83.47.57.359.5%
Total41.134.446.162.314.9%

Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to the Czech Republic in 2022:

  1. Hong Kong SAR (86.6K units)
  2. Switzerland (9.3K units)
  3. China (8.8K units)
  4. France (8.2K units)
  5. Germany (7.3K units)
  6. Spain (4.2K units)
  7. Italy (3.1K units)

Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Czech Republic

In 2022, approx. 41K units of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were exported from the Czech Republic; approximately reflecting the previous year's figure. In general, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 121% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings declined remarkably to $10M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 36%. As a result, the exports attained the peak of $13M, and then declined notably in the following year.

Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia1,3201,1872,2123,48038.1%
Bulgaria0.81121,7591,3171080.8%
Germany1,3741,0911,3361,194-4.6%
Poland34445478294039.8%
Italy24619112377846.8%
Hong Kong SAR1,020830395179-44.0%
Austria339382288169-20.7%
Spain15321.723.341.2-35.4%
Israel1,124407N/AN/A-63.8%
Others4,3494,8646,1042,165-20.7%
Total10,2709,54113,02210,264-0.0%

Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from the Czech Republic in 2022:

  1. Bulgaria (16.8K units)
  2. Italy (6.4K units)
  3. Germany (5.1K units)
  4. Poland (4.0K units)
  5. Slovakia (3.9K units)
  6. Hong Kong SAR (1.3K units)
  7. Austria (0.8K units)
  8. Spain (0.4K units)

Source: IndexBox Market Intelligence Platform

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