Europe: Rough Watch Movements Market 2024

Rough Watch Movements Market Size in Europe

The Europe rough watch movements market shrank to $X in 2022, declining by X% against the previous year. The market 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 level of consumption peaked at $X in 2021, and then shrank in the following year.

Rough Watch Movements Production in Europe

In value terms, rough watch movements production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Rough Watch Movements Exports

Exports in Europe

In 2022, shipments abroad of rough watch movements increased by X% to X units, rising for the third consecutive year after three years of decline. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, rough watch movements exports rose modestly to $X in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X units) and France (X units) prevails in exports structure, together generating X% of total exports. It was distantly followed by Finland (X units), generating a X% share of total exports. The following exporters - Spain (X units) and the Czech Republic (X units) - each amounted to a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Sweden (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

In France, rough watch movements exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Sweden (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price, however, continues to indicate a strong expansion. 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 remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 Europe

In 2022, supplies from abroad of rough watch movements increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, rough watch movements imports totaled $X in 2022. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Spain represented the largest importer of rough watch movements in Europe, with the volume of imports reaching X units, which was approx. X% of total imports in 2022. Hungary (X units) held a X% share (based on physical terms) of total imports, which put it in second place, 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 Europe, with a CAGR of X% from 2012-2022. Spain (X p.p.), Denmark (X p.p.), the Netherlands (X p.p.), Poland (X p.p.), Hungary (X p.p.) and France (X p.p.) significantly strengthened its position in terms of the total imports, while Germany saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest rough watch movements importing markets in Europe were Spain ($X), France ($X) and Germany ($X), together accounting for 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 Europe amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price showed a deep downturn. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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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