Price for Watch Cases and Parts Thereof in Slovakia - 2023
Contents:
- Price for Watch Cases and Parts Thereof in Slovakia (CIF) - 2022
- Price for Watch Cases and Parts Thereof in Slovakia (FOB) - 2022
- Imports of Watch Cases and Parts Thereof in Slovakia
- Exports of Watch Cases and Parts Thereof in Slovakia
Price for Watch Cases and Parts Thereof in Slovakia (CIF) - 2022
In 2022, the average import price for watch cases and parts thereoves amounted to $6.8 per unit, picking up by 9% against the previous year. Overall, the import price recorded tangible growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 245%. Over the period under review, average import prices hit record highs at $17 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 ($7.7 per unit), while the price for the Czech Republic ($2.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Cases and Parts Thereof in Slovakia (FOB) - 2022
In 2022, the average export price for watch cases and parts thereoves amounted to $5.6 per unit, falling by -26.2% against the previous year. In general, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 132% against the previous year. Over the period under review, the average export prices hit record highs at $25 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Romania ($5.8 per unit) and Hungary ($5.8 per unit), while the average price for exports to Poland ($4.7 per unit) and the Czech Republic ($5.6 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Watch Cases and Parts Thereof in Slovakia
In 2022, imports of watch cases and parts thereoves into Slovakia fell significantly to 4.9K units, which is down by -55.2% on 2021 figures. Over the period under review, imports showed a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Over the period under review, imports reached the peak figure at 12K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, watch cases and parts thereof imports fell notably to $33K in 2022. Overall, imports saw a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by 60% against the previous year. Over the period under review, imports hit record highs at $91K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Watch Cases and Parts Thereof in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.3 | 12.8 | 21.0 | 14.2 | -30.5% |
| Germany | 9.7 | 1.5 | 11.1 | 7.7 | -7.4% |
| Switzerland | 6.3 | 2.0 | 4.7 | 4.8 | -8.7% |
| Czech Republic | N/A | 0.3 | 0.2 | 1.6 | 130.9% |
| Poland | 14.0 | 23.6 | 16.0 | 0.5 | -67.1% |
| Hong Kong SAR | 12.8 | 0.2 | 12.0 | N/A | -3.2% |
| Italy | 3.9 | N/A | N/A | N/A | 0% |
| Others | 1.7 | 1.8 | 2.5 | 4.2 | 35.2% |
| Total | 90.6 | 42.2 | 67.5 | 33.0 | -28.6% |
Top Suppliers of Watch Cases and Parts Thereof to Slovakia in 2022:
- China (2080.0 units)
- Germany (1276.0 units)
- Switzerland (620.0 units)
- Czech Republic (609.0 units)
- Poland (114.0 units)
- Hong Kong SAR (1.0 units)
Exports of Watch Cases and Parts Thereof in Slovakia
In 2022, approx. 5.1K units of watch cases and parts thereoves were exported from Slovakia; with an increase of 11% against the year before. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 214% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, watch cases and parts thereof exports dropped rapidly to $29K in 2022. Over the period under review, exports, however, showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 127%. Over the period under review, the exports attained the maximum at $39K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Watch Cases and Parts Thereof in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 2.6 | 9.8 | 20.3 | 16.6 | 85.5% |
| Germany | N/A | 0.5 | 2.8 | 5.4 | 228.6% |
| Poland | 0.4 | 2.9 | 4.6 | 3.7 | 109.9% |
| Romania | N/A | 1.7 | 3.6 | 1.6 | -3.0% |
| Hungary | 6.6 | N/A | 2.2 | 0.7 | -52.7% |
| China | 26.9 | N/A | N/A | N/A | 0% |
| Others | 3.0 | 0.5 | 1.2 | 0.4 | -48.9% |
| Total | 39.5 | 15.3 | 34.8 | 28.5 | -10.3% |
Top Export Markets for Watch Cases and Parts Thereof from Slovakia in 2022:
- Czech Republic (2946.0 units)
- Germany (953.0 units)
- Poland (796.0 units)
- Romania (280.0 units)
- Hungary (122.0 units)
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