Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Slovakia - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Slovakia (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Slovakia (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Slovakia
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Slovakia
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Slovakia (CIF) - 2022
In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $213 per unit, picking up by 20% against the previous year. Over the period under review, the import price posted a significant increase. The pace of growth appeared the most rapid in 2020 an increase of 1,150%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 the Czech Republic ($301 per unit), while the price for Slovenia ($1.6 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 (+47.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Slovakia (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $153 per unit, rising by 29% against the previous year. In general, the export price showed prominent growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 131%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($358 per unit), while the average price for exports to Poland ($26 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 Italy (+46.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Slovakia
In 2022, approx. 38K units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were imported into Slovakia; with a decrease of -12.4% on 2021 figures. In general, imports recorded a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, imports of reached the maximum at 244K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds rose notably to $8M in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 65%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 0.6 | 4,646 | 6,857 | 7,729 | 2244.2% |
| Croatia | N/A | 98.3 | 293 | 49.7 | -28.9% |
| China | 2,842 | 35.6 | 8.4 | 43.0 | -75.3% |
| Poland | 0.2 | 12.8 | 37.1 | 42.4 | 496.3% |
| Spain | 0.5 | 2.8 | N/A | 31.4 | 297.5% |
| Austria | 35.4 | 42.8 | 165 | 27.0 | -8.6% |
| Germany | 52.4 | 79.7 | 18.9 | 22.6 | -24.4% |
| Slovenia | N/A | N/A | N/A | 1.1 | 0% |
| Others | 84.0 | 41.9 | 258 | 86.4 | 0.9% |
| Total | 3,015 | 4,960 | 7,638 | 8,033 | 38.6% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Slovakia in 2022:
- Czech Republic (25.7K units)
- Poland (4.1K units)
- China (2.3K units)
- Croatia (1.6K units)
- Slovenia (0.7K units)
- Germany (0.6K units)
- Spain (0.6K units)
- Austria (0.5K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Slovakia
In 2022, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds from Slovakia dropped significantly to 37K units, which is down by -37.2% compared with the year before. Over the period under review, exports continue to indicate a sharp setback. The smallest decline of -5.2% was in 2021. Over the period under review, the exports of attained the maximum at 93K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds fell sharply to $5.7M in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, the exports attained the peak of $7.1M, and then dropped dramatically in the following year.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,015 | 1,809 | 2,942 | 1,826 | 21.6% |
| Bulgaria | 441 | 51.4 | 727 | 1,094 | 35.4% |
| Netherlands | 148 | 579 | 1,223 | 987 | 88.2% |
| Czech Republic | 1,036 | 429 | 691 | 365 | -29.4% |
| France | 15.8 | 25.0 | 99.5 | 326 | 174.3% |
| Denmark | 26.4 | 51.6 | 110 | 196 | 95.1% |
| Italy | 50.1 | 88.9 | 141 | 184 | 54.3% |
| Latvia | 1,013 | 380 | 126 | 181 | -43.7% |
| Austria | 229 | 222 | 213 | 172 | -9.1% |
| Poland | 160 | 401 | 354 | 47.5 | -33.3% |
| Others | 1,172 | 896 | 426 | 338 | -33.9% |
| Total | 5,305 | 4,933 | 7,052 | 5,716 | 2.5% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Slovakia in 2022:
- Germany (21.6K units)
- Netherlands (3.6K units)
- Bulgaria (3.1K units)
- Czech Republic (2.6K units)
- Poland (1.9K units)
- France (1.1K units)
- Italy (0.7K units)
- Denmark (0.6K units)
- Latvia (0.6K units)
- Austria (0.5K units)
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