Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Greece - 2023

Contents:

  1. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Greece (CIF) - 2022
  2. Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Greece (FOB) - 2022
  3. Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Greece
  4. Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Greece

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Greece (CIF) - 2022

In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $2.9 per unit, falling by -44.7% against the previous year. In general, the import price faced a sharp downturn. The pace of growth appeared the most rapid in 2014 an increase of 245%. As a result, import price reached the peak level of $63 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($14 per unit), while the price for China totaled $2.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%).

Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Greece (FOB) - 2022

In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $2.8 per unit, dropping by -93.2% against the previous year. In general, the export price continues to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 827%. The export price peaked at $175 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Cyprus ($61 per unit), while the average price for exports to Romania ($0.2 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 Cyprus (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Greece

For the fourth year in a row, Greece recorded growth in supplies from abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds, which increased by 115% to 164K units in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds skyrocketed to $471K in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 179%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China60.782.112835780.5%
Others81.459.626711411.9%
Total14214239547149.1%

Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Greece in 2022:

  1. China (161.8K units)

Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Greece

For the fourth consecutive year, Greece recorded growth in overseas shipments of pocket watches and other watches, including stop-watches; battery or accumulator powereds, which increased by 58% to 23K units in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 1,650%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds reduced markedly to $63K in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 2,403% against the previous year. As a result, the exports reached the peak of $591K, and then shrank sharply in the following year.

Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A56655.7-90.2%
RomaniaN/AN/AN/A5.30%
Others24.323.625.42.4-53.8%
Total24.323.659163.337.6%

Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Greece in 2022:

  1. Romania (21.5K units)
  2. Germany (1.2K units)

Source: IndexBox Market Intelligence Platform

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