EU: Rough Watch Movements Market 2024

Rough Watch Movements Market Size in the EU

The EU rough watch movements market dropped markedly to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then shrank notably in the following year.

Rough Watch Movements Production in the EU

In value terms, rough watch movements production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Rough Watch Movements Exports

Exports in the EU

In 2022, shipments abroad of rough watch movements increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, rough watch movements exports fell to $X in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Sweden (X units) and France (X units) dominates exports structure, together constituting X% of total exports. It was distantly followed by Finland (X units), committing a X% share of total exports. The following exporters - Spain (X units) and the Czech Republic (X units) - each accounted for a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the largest rough watch movements supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

In France, rough watch movements exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Sweden (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per unit), while Spain (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced a decline in the export price figures.

Rough Watch Movements Imports

Imports in the EU

Rough watch movements imports reduced rapidly to X units in 2022, waning by X% against 2021. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2021, and then reduced markedly in the following year.

In value terms, rough watch movements imports dropped to $X in 2022. In general, imports, however, recorded strong growth. The growth pace was the most rapid in 2015 with an increase of X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Spain represented the main importer of rough watch movements in the European Union, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. Hungary (X units) ranks second in terms of the total imports with a X% share, followed by Poland (X%), Denmark (X%), the Netherlands (X%), France (X%) and Germany (X%).

Imports into Spain increased at an average annual rate of X% from 2012 to 2022. At the same time, Denmark (X%), the Netherlands (X%), Poland (X%), France (X%), Hungary (X%) and Germany (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Spain, Denmark, the Netherlands and Poland increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest rough watch movements importing markets in the European Union were Spain ($X), France ($X) and Germany ($X), together comprising X% of total imports. Poland, the Netherlands, Hungary and Denmark lagged somewhat behind, together comprising a further X%.

Among the main importing countries, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a sharp setback. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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