Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Sweden - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Sweden (FOB) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Sweden (CIF) - 2022
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Sweden
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Sweden
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Sweden (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $75 per unit in 2022, growing by 26% against the previous year. In general, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 187% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($202 per unit), while the average price for exports to Hong Kong SAR ($4 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 the United States (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Sweden (CIF) - 2022
In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $12 per unit, picking up by 56% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 91%. Over the period under review, average import prices hit record highs at $19 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 France ($24 per unit), while the price for China ($6.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Sweden
After three years of growth, overseas shipments of pocket watches and other watches, including stop-watches; battery or accumulator powereds decreased by -39.3% to 6.3K units in 2022. Over the period under review, exports showed a noticeable descent. The pace of growth appeared the most rapid in 2020 with an increase of 33%. Over the period under review, the exports of reached the maximum at 10K units in 2021, and then shrank remarkably in the following year.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds contracted rapidly to $477K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 179%. The exports peaked at $624K in 2021, and then contracted notably in the following year.
Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 148 | 121 | 248 | 315 | 28.6% |
Switzerland | 0.3 | 0.1 | 0.4 | 97.4 | 587.3% |
United States | 8.2 | 10.7 | 30.6 | 26.2 | 47.3% |
Finland | 12.2 | 11.5 | 9.7 | 7.4 | -15.4% |
United Kingdom | 0.1 | N/A | 23.2 | 5.6 | 282.6% |
Denmark | 4.8 | 7.0 | 4.9 | 2.5 | -19.5% |
Hong Kong SAR | N/A | 389 | 295 | N/A | -24.2% |
Singapore | 16.5 | N/A | N/A | N/A | 0% |
Others | 6.5 | 8.3 | 11.6 | 22.6 | 51.5% |
Total | 196 | 548 | 624 | 477 | 34.5% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Sweden in 2022:
- Norway (3954.0 units)
- Switzerland (1079.0 units)
- Finland (688.0 units)
- United Kingdom (158.0 units)
- United States (130.0 units)
- Denmark (129.0 units)
- Hong Kong SAR (1.0 units)
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Sweden
In 2022, supplies from abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds decreased by -88.5% to 19K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 262%. As a result, imports attained the peak of 167K units, and then shrank significantly in the following year.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds declined significantly to $236K in 2022. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 210% against the previous year. As a result, imports reached the peak of $1.3M, and then contracted rapidly in the following year.
Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 230 | 343 | 1,138 | 91.5 | -26.5% |
Hong Kong SAR | 0.5 | 18.4 | 54.2 | 12.1 | 189.2% |
France | 7.3 | 16.1 | 13.0 | 12.0 | 18.0% |
Belgium | 9.9 | 12.5 | 11.3 | 10.4 | 1.7% |
Denmark | 3.4 | 0.2 | 2.1 | 7.3 | 29.0% |
Germany | 0.6 | 5.1 | 11.1 | 3.3 | 76.5% |
Others | 62.6 | 28.3 | 81.3 | 99.9 | 16.9% |
Total | 314 | 423 | 1,311 | 236 | -9.1% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Sweden in 2022:
- China (14.9K units)
- Hong Kong SAR (1.5K units)
- Belgium (0.7K units)
- Denmark (0.6K units)
- France (0.5K units)
- Germany (0.4K units)
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