Price for Watch Movements; Complete and Assembled in Slovakia - 2023
Contents:
- Price for Watch Movements; Complete and Assembled in Slovakia (CIF) - 2022
- Price for Watch Movements; Complete and Assembled in Slovakia (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled in Slovakia
- Exports of Watch Movements; Complete and Assembled in Slovakia
Price for Watch Movements; Complete and Assembled in Slovakia (CIF) - 2022
The average import price for watch movements; complete and assembleds stood at $14 per unit in 2022, falling by -15.8% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 when the average import price increased by 321% against the previous year. As a result, import price reached the peak level of $72 per unit. From 2016 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 Switzerland ($108 per unit), while the price for Japan ($2.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Movements; Complete and Assembled in Slovakia (FOB) - 2022
In 2022, the average export price for watch movements; complete and assembleds amounted to $6.1 per unit, which is down by -31% against the previous year. Over the period under review, the export price continues to indicate a precipitous decline. The pace of growth was the most pronounced in 2017 an increase of 50%. Over the period under review, the average export prices hit record highs at $95 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($65 per unit), while the average price for exports to the Netherlands ($3.7 per unit) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.2%), while the prices for the other major destinations experienced a decline.
Imports of Watch Movements; Complete and Assembled in Slovakia
In 2022, the amount of watch movements; complete and assembleds imported into Slovakia surged to 11K units, growing by 114% against 2021 figures. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 488% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, watch movements; complete and assembled imports surged to $160K in 2022. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 92% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Watch Movements; Complete and Assembled in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 111 | 44.3 | 53.9 | 34.8 | -32.1% |
| Germany | 1.1 | 0.4 | 0.4 | 21.8 | 170.6% |
| Netherlands | N/A | N/A | 27.9 | 14.0 | -49.8% |
| China | 2.0 | N/A | 1.8 | 3.7 | 22.8% |
| Czech Republic | 1.0 | 0.6 | 2.1 | 2.3 | 32.0% |
| Austria | 0.3 | 0.1 | 0.1 | N/A | -42.3% |
| Japan | 0.5 | 0.5 | 0.4 | N/A | -10.6% |
| Others | 1.4 | 0.4 | 2.3 | 83.8 | 291.2% |
| Total | 118 | 46.4 | 88.9 | 160 | 10.7% |
Top Suppliers of Watch Movements; Complete and Assembled to Slovakia in 2022:
- Japan (undefinedK units)
- Netherlands (2.2K units)
- Germany (1.2K units)
- Czech Republic (0.8K units)
- Switzerland (0.3K units)
- China (0.3K units)
Exports of Watch Movements; Complete and Assembled in Slovakia
In 2022, the amount of watch movements; complete and assembleds exported from Slovakia soared to 17K units, increasing by 425% against 2021. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 2,872%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, watch movements; complete and assembled exports skyrocketed to $101K in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,848% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Watch Movements; Complete and Assembled in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | 24.5 | 84.2 | 243.7% |
| Germany | 0.5 | 0.1 | 0.3 | 7.6 | 147.7% |
| Netherlands | N/A | N/A | N/A | 7.2 | 0% |
| Others | 3.0 | 1.4 | 3.1 | 1.9 | -14.1% |
| Total | 3.5 | 1.4 | 27.9 | 101 | 206.7% |
Top Export Markets for Watch Movements; Complete and Assembled from Slovakia in 2022:
- Austria (13.3K units)
- Netherlands (2.0K units)
- Germany (1.2K units)
394
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
394
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
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