Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Spain - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Spain (CIF) - 2023
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Spain (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Spain
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Spain
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Spain (CIF) - 2023
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $32.3 per unit in October 2023, growing by 27% against the previous month. In general, the import price, however, recorded a perceptible reduction. The growth pace was the most rapid in March 2023 when the average import price increased by 104% month-to-month. The import price peaked at $49.7 per unit in November 2022; however, from December 2022 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to October 2023, the rate of growth in terms of prices for China amounted to -3.7% per month.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Spain (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $11 per unit in 2022, shrinking by -9.5% against the previous year. Overall, the export price saw a deep reduction. The pace of growth was the most pronounced in 2020 an increase of 53%. The export price peaked at $33 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($21 per unit), while the average price for exports to Hungary ($2.2 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 Poland (+17.9%), 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 Spain
In 2022, overseas purchases of pocket watches and other watches, including stop-watches; battery or accumulator powereds decreased by -40.5% to 580K units, falling for the second year in a row after two years of growth. Over the period under review, imports faced a dramatic decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 8.2% against the previous year. As a result, imports reached the peak of 1.3M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds declined sharply to $19M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Imports peaked at $26M in 2021, and then shrank significantly in the following year.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.1 | 21.2 | 24.0 | 18.0 | 1.7% |
| Others | 1.5 | 1.0 | 1.9 | 0.8 | -18.9% |
| Total | 18.5 | 22.2 | 25.9 | 18.7 | 0.4% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Spain in 2022:
- China (551.3K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Spain
In 2022, approx. 135K units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were exported from Spain; jumping by 36% on the year before. In general, exports, however, saw a abrupt downturn. The exports peaked at 221K 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 surged to $1.5M in 2022. Over the period under review, exports, however, recorded a drastic downturn. Over the period under review, the exports of reached the maximum at $2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 501 | 284 | 230 | 320 | -13.9% |
| Portugal | 100 | 76.6 | 152 | 181 | 21.9% |
| Italy | 249 | 108 | 124 | 160 | -13.7% |
| Poland | 76.1 | 30.8 | 30.6 | 84.4 | 3.5% |
| Chile | 65.9 | 43.6 | 50.2 | 53.5 | -6.7% |
| Latvia | N/A | 0.1 | N/A | 45.1 | 2023.7% |
| Netherlands | 26.6 | 17.9 | 46.1 | 43.1 | 17.5% |
| Czech Republic | 52.5 | 7.2 | 18.0 | 40.8 | -8.1% |
| Germany | 135 | 45.6 | 40.5 | 33.4 | -37.2% |
| Belgium | 60.6 | 18.9 | 10.9 | 10.9 | -43.6% |
| Hungary | 25.8 | 10.6 | 14.0 | 9.5 | -28.3% |
| United Kingdom | 84.1 | 39.0 | 9.3 | 6.8 | -56.8% |
| Others | 619 | 519 | 470 | 479 | -8.2% |
| Total | 1,995 | 1,201 | 1,196 | 1,467 | -9.7% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Spain in 2022:
- France (40.2K units)
- Portugal (35.4K units)
- Italy (19.4K units)
- Poland (6.2K units)
- Germany (4.4K units)
- Hungary (4.2K units)
- Latvia (3.5K units)
- Belgium (3.3K units)
- Chile (2.6K units)
- Czech Republic (2.1K units)
- Netherlands (1.9K units)
- United Kingdom (0.7K units)
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