Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Portugal - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Portugal (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Portugal (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Portugal
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Portugal
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Portugal (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $862 per unit in 2022, which is down by -19.6% against the previous year. In general, the import price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 87% against the previous year. Over the period under review, average import prices hit record highs at $1,559 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3,656 per unit), while the price for China ($51 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+20.1%), 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 Portugal (FOB) - 2022
In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $3,336 per unit, growing by 94% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings increased by +96.5% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($13,188 per unit), while the average price for exports to Angola ($532 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 (+49.7%), 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 Portugal
Imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into Portugal soared to 46K units in 2022, rising by 29% against the previous year's figure. Overall, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Over the period under review, imports of reached the peak figure at 62K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $40M in 2022. Over the period under review, imports, however, faced a deep downturn. Over the period under review, imports of reached the maximum at $60M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 42.5 | 30.6 | 24.8 | 24.8 | -16.4% |
Spain | 6.9 | 4.9 | 8.4 | 8.6 | 7.6% |
Switzerland | 6.5 | 3.5 | 3.0 | 2.4 | -28.3% |
Germany | 2.9 | 0.9 | 0.9 | 2.3 | -7.4% |
Italy | 0.2 | 0.2 | 0.2 | 1.0 | 71.0% |
China | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 0.6 | 0.2 | 0.9 | 0.7 | 5.3% |
Total | 59.8 | 40.4 | 38.4 | 39.9 | -12.6% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Portugal in 2022:
- Germany (15.5K units)
- Spain (13.9K units)
- France (6.8K units)
- Switzerland (3.6K units)
- Italy (2.7K units)
- China (1.5K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Portugal
In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings exported from Portugal shrank notably to 6K units, reducing by -22.3% compared with the year before. Overall, exports faced a sharp decrease. The pace of growth was the most pronounced in 2021 when exports increased by 3.4% against the previous year. The exports peaked at 12K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings soared to $20M in 2022. In general, exports recorded a abrupt setback. Over the period under review, the exports of hit record highs at $27M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 4.0 | 2.8 | 4.0 | 4.5 | 4.0% |
Hong Kong SAR | 6.8 | 3.4 | 2.6 | 4.3 | -14.2% |
United States | 10.2 | 1.6 | 0.1 | 3.0 | -33.5% |
United Arab Emirates | N/A | 0.8 | 0.6 | 2.8 | 87.1% |
Spain | 0.5 | 0.3 | 1.7 | 2.4 | 68.7% |
Angola | 1.4 | 0.7 | 1.0 | 1.2 | -5.0% |
Japan | 2.2 | 1.6 | 1.0 | 0.7 | -31.7% |
France | 0.7 | 0.5 | 0.4 | 0.1 | -47.7% |
Others | 1.3 | 0.9 | 1.9 | 0.8 | -14.9% |
Total | 27.2 | 12.6 | 13.2 | 19.9 | -9.9% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Portugal in 2022:
- Angola (2213.0 units)
- Spain (1643.0 units)
- Hong Kong SAR (627.0 units)
- Switzerland (478.0 units)
- United States (278.0 units)
- United Arab Emirates (213.0 units)
- Japan (129.0 units)
- France (54.0 units)
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