Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bulgaria - 2023

Contents:

1. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bulgaria (CIF) - 2022
2. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bulgaria (FOB) - 2022
3. Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bulgaria
4. Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bulgaria

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bulgaria (CIF) - 2022

The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $755 per unit in 2022, picking up by 108% against the previous year. Overall, the import price showed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,035 per unit), while the price for China ($62 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+362.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bulgaria (FOB) - 2022

The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $3,044 per unit in 2022, falling by -22.6% against the previous year. Over the period under review, the export price continues to indicate a slight slump. The pace of growth was the most pronounced in 2015 when the average export price increased by 109%. The export price peaked at $4,906 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($8,812 per unit), while the average price for exports to Romania ($85 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 Arab Emirates (+346.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bulgaria

In 2022, approx. 7.1K units of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were imported into Bulgaria; reducing by -61.3% against the previous year. In general, imports recorded a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 108%. As a result, imports reached the peak of 18K units, and then declined significantly in the following year.

In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings shrank dramatically to $5.4M in 2022. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 61% against the previous year. Over the period under review, imports of reached the peak figure at $7.7M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Bulgaria in 2022:

1. Switzerland (3114.0 units)
2. Germany (1628.0 units)
3. Russia (787.0 units)
4. Netherlands (454.0 units)
5. France (293.0 units)
6. Romania (239.0 units)
7. China (160.0 units)
8. Austria (70.0 units)
9. Hong Kong SAR (38.0 units)

Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Bulgaria

In 2022, approx. 676 units of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were exported from Bulgaria; with an increase of 32% against the year before. In general, exports, however, recorded a deep setback. The exports peaked at 908 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings reached $2.1M in 2022. Over the period under review, exports, however, recorded a deep slump. Over the period under review, the exports of reached the maximum at $3.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Bulgaria in 2022:

1. Hong Kong SAR (235.0 units)
2. Switzerland (61.0 units)
3. United States (48.0 units)
4. Bahrain (39.0 units)
5. Romania (37.0 units)
6. Qatar (35.0 units)
7. India (32.0 units)
8. Kuwait (26.0 units)
9. United Kingdom (17.0 units)
10. United Arab Emirates (14.0 units)
11. Jordan (14.0 units)
12. Singapore (11.0 units)

Source: IndexBox Market Intelligence Platform