Belgium - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Plastic or Non-Precious Metal Watch in Belgium - 2023
Contents:
- Price for Plastic or Non-Precious Metal Watch in Belgium (CIF) - 2022
- Price for Plastic or Non-Precious Metal Watch in Belgium (FOB) - 2022
- Imports of Plastic or Non-Precious Metal Watch in Belgium
- Exports of Plastic or Non-Precious Metal Watch in Belgium
Price for Plastic or Non-Precious Metal Watch in Belgium (CIF) - 2022
The average import price for plastic or non-precious metal watches stood at $34 per unit in 2022, surging by 49% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 ($1,182 per unit), while the price for China ($8.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Plastic or Non-Precious Metal Watch in Belgium (FOB) - 2022
In 2022, the average export price for plastic or non-precious metal watches amounted to $29 per unit, rising by 28% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the average export price increased by 47%. Over the period under review, the average export prices attained the peak figure at $33 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
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 Luxembourg ($295 per unit), while the average price for exports to Austria ($6.1 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 Luxembourg (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Plastic or Non-Precious Metal Watch in Belgium
In 2022, overseas purchases of plastic or non-precious metal watches decreased by -54.1% to 4.2M units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2020 when imports increased by 60% against the previous year. Imports peaked at 9.1M units in 2021, and then contracted dramatically in the following year.
In value terms, plastic or non-precious metal watch imports reduced sharply to $143M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 37%. Imports peaked at $208M in 2021, and then fell remarkably in the following year.
| Import of Plastic or Non-Precious Metal Watch in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 64.7 | 80.0 | 74.1 | 64.1 | -0.3% |
| China | 13.6 | 25.2 | 41.6 | 21.5 | 16.5% |
| France | 8.6 | 12.0 | 18.9 | 20.9 | 34.4% |
| Germany | 11.3 | 24.2 | 33.0 | 17.6 | 15.9% |
| Netherlands | 4.1 | 3.8 | 13.8 | 6.7 | 17.8% |
| Spain | 3.8 | 5.5 | 7.0 | 4.3 | 4.2% |
| Hong Kong SAR | 5.6 | 3.3 | 1.9 | 0.9 | -45.6% |
| Others | 8.1 | 10.3 | 17.7 | 6.7 | -6.1% |
| Total | 120 | 164 | 208 | 143 | 6.0% |
Top Suppliers of Plastic or Non-Precious Metal Watch to Belgium in 2022:
- China (2477.2K units)
- France (773.1K units)
- Germany (321.4K units)
- Netherlands (234.0K units)
- Spain (85.6K units)
- Hong Kong SAR (68.3K units)
- Switzerland (54.2K units)
Exports of Plastic or Non-Precious Metal Watch in Belgium
In 2022, shipments abroad of plastic or non-precious metal watches decreased by -62.2% to 2.8M units for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 49%. Over the period under review, the exports attained the peak figure at 7.5M units in 2021, and then fell dramatically in the following year.
In value terms, plastic or non-precious metal watch exports contracted notably to $83M in 2022. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, the exports attained the peak of $173M, and then reduced markedly in the following year.
| Export of Plastic or Non-Precious Metal Watch in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 26.9 | 22.5 | 31.2 | 16.1 | -15.7% |
| Germany | 10.5 | 11.7 | 23.6 | 8.0 | -8.7% |
| Switzerland | 7.9 | 10.3 | 12.4 | 7.2 | -3.0% |
| Hong Kong SAR | 16.6 | 30.1 | 32.0 | 6.2 | -28.0% |
| United Kingdom | 1.7 | 3.4 | 9.3 | 4.1 | 34.1% |
| Netherlands | 4.8 | 5.8 | 4.9 | 3.2 | -12.6% |
| Spain | 2.3 | 1.6 | 2.2 | 3.1 | 10.5% |
| Austria | 2.1 | 3.9 | 7.5 | 2.0 | -1.6% |
| Others | 27.5 | 38.4 | 49.8 | 33.6 | 6.9% |
| Total | 100 | 128 | 173 | 83.5 | -5.8% |
Top Export Markets for Plastic or Non-Precious Metal Watch from Belgium in 2022:
- Germany (990.2K units)
- France (735.3K units)
- Austria (336.0K units)
- Netherlands (147.4K units)
- United Kingdom (137.1K units)
- Switzerland (84.5K units)
- Spain (76.0K units)
- Hong Kong SAR (23.8K units)
This report provides an in-depth analysis of the market for plastic or non-precious metal watch in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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