Greece - Watches - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingWatch Price in Greece - 2023
Contents:
- Watch Price in Greece (CIF) - 2022
- Watch Price in Greece (FOB) - 2022
- Watch Imports in Greece
- Watch Exports in Greece
Watch Price in Greece (CIF) - 2022
In 2022, the average watch import price amounted to $134 per unit, picking up by 9.5% against the previous year. Overall, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 22% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Italy ($870 per unit), while the price for Belgium ($6.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Watch Price in Greece (FOB) - 2022
The average watch export price stood at $215 per unit in 2022, rising by 37% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, watch export price increased by +46.6% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 157% against the previous year. As a result, the export price attained the peak level of $258 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,611 per unit), while the average price for exports to Romania ($3.9 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 (+84.5%), while the prices for the other major destinations experienced more modest paces of growth.
Watch Imports in Greece
In 2022, the amount of watches imported into Greece surged to 1.3M units, growing by 17% on the year before. Over the period under review, imports, however, recorded a abrupt contraction. Imports peaked at 1.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, watch imports surged to $173M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Watch in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 63.5 | 52.1 | 68.6 | 102 | 17.1% |
| France | 31.3 | 10.6 | 21.3 | 18.2 | -16.5% |
| Italy | 3.1 | 9.8 | 14.4 | 17.6 | 78.4% |
| Germany | 12.8 | 6.4 | 8.7 | 10.5 | -6.4% |
| China | 6.8 | 4.5 | 6.3 | 7.1 | 1.4% |
| Netherlands | 2.1 | 2.2 | 3.1 | 2.6 | 7.4% |
| Hong Kong SAR | 1.9 | 1.2 | 1.4 | 1.6 | -5.6% |
| Poland | 0.5 | 1.0 | 2.5 | 1.4 | 40.9% |
| Czech Republic | N/A | N/A | 0.1 | 1.1 | 1000.0% |
| Austria | 0.7 | 0.5 | 0.5 | 0.9 | 8.7% |
| Belgium | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Others | 7.9 | 5.5 | 7.2 | 9.3 | 5.6% |
| Total | 131 | 94.0 | 134 | 173 | 9.7% |
Top Suppliers of Watch to Greece in 2022:
- China (623.9K units)
- Switzerland (186.5K units)
- Germany (95.7K units)
- Belgium (63.7K units)
- Austria (49.6K units)
- Hong Kong SAR (45.1K units)
- Netherlands (43.2K units)
- Poland (37.3K units)
- Czech Republic (34.6K units)
- Italy (20.3K units)
- France (13.3K units)
Watch Exports in Greece
After three years of growth, shipments abroad of watches decreased by -28.9% to 254K units in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 42%. Over the period under review, the exports reached the maximum at 357K units in 2021, and then fell markedly in the following year.
In value terms, watch exports declined modestly to $54M in 2022. The total export value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, the exports reached the peak of $56M, and then fell in the following year.
| Export of Watch in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 4.0 | 1.8 | 4.8 | 9.7 | 34.3% |
| Cyprus | 10.5 | 6.7 | 6.3 | 9.0 | -5.0% |
| Hong Kong SAR | 9.5 | 9.9 | 12.9 | 7.2 | -8.8% |
| Germany | 7.1 | 9.4 | 6.9 | 6.1 | -4.9% |
| Italy | 0.7 | 0.9 | 1.9 | 4.9 | 91.3% |
| Israel | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Romania | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Slovakia | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Others | 11.4 | 16.0 | 23.0 | 17.1 | 14.5% |
| Total | 43.5 | 44.8 | 56.0 | 54.4 | 7.7% |
Top Export Markets for Watch from Greece in 2022:
- Cyprus (99.3K units)
- Romania (31.8K units)
- Italy (21.8K units)
- Germany (21.0K units)
- Slovakia (20.2K units)
- Hong Kong SAR (12.0K units)
- Israel (6.6K units)
- Switzerland (3.0K units)
This report provides an in-depth analysis of the watch market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521100 - Wrist-watches, pocket-watches, with case of precious metal or of metal clad with precious metal
- Prodcom 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches
Country coverage:
- Greece
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Greece
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
757
This report provides an in-depth analysis of the watch market in Greece.
450
This report provides an in-depth analysis of the clocks market in Greece.
287
This report provides an in-depth analysis of the clocks market in Greece.
50
This report provides an in-depth analysis of the precious metal watch market in Greece.
289
This report provides an in-depth analysis of the market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china in Greece.
354
This report provides an in-depth analysis of the ethylene oxide market in Greece.
780
This report provides an in-depth analysis of the ginger market in Greece.
2350
This report provides an in-depth analysis of the global watch market.
891
Global Clock Market Report 2018. This report provides an in-depth analysis of the global clocks market.
532
Global Clocks Market Report 2018. This report provides an in-depth analysis of the global clocks market.
206
Explore the top import markets for watches worldwide, including Hong Kong SAR, the United States, China, France, Germany, Japan, Singapore, Switzerland, the United Kingdom, and the United Arab Emirates. Discover key statistics and market insights.
1367
The continued rise in popularity of smartwatches is having a major impact on the watch market.
571
In value terms, watch straps, watch bands, watch bracelets and parts thereof imports totaled $X in 2016. Overall, it indicated a remarkable expansion from 2007 to 2016: the total imports value decrea...
614
In value terms, watch cases and parts thereof imports totaled $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports value increased at an average annual rate ...
713
In value terms, complete, unassembled watch and clock movements imports stood at $X in 2016. Overall, it indicated a temperate expansion from 2007 to 2016: the total imports value increased at an a...
784
In value terms, watch movements imports totaled $X in 2016. Overall, watch movements imports continue to indicate a relatively flat trend pattern. Global watch movements import peaked of $X in X>
2881
In value terms, wrist-watches, pocket-watches, stop-watches and other watches imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value decre...
629
In value terms, watch straps, watch bands, watch bracelets and parts thereof exports stood at $X in 2016. In general, watch straps, watch bands, watch bracelets and parts thereof exports continue to ...
593
In value terms, wrist-watches, pocket-watches, stop-watches and other watches exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value decreased a...
667
In value terms, watch movements exports stood at $X in 2016. Overall, it indicated a conspicuous growth from 2007 to 2016: the total exports value decreased at an average annual rate of -X% over ...
