Price for Watch Movements; Complete and Assembled in Estonia - 2023
Contents:
- Price for Watch Movements; Complete and Assembled in Estonia (FOB) - 2022
- Price for Watch Movements; Complete and Assembled in Estonia (CIF) - 2022
- Exports of Watch Movements; Complete and Assembled in Estonia
- Imports of Watch Movements; Complete and Assembled in Estonia
Price for Watch Movements; Complete and Assembled in Estonia (FOB) - 2022
The average export price for watch movements; complete and assembleds stood at $4,106 per unit in 2022, falling by -56.6% against the previous year. Over the period under review, the export price, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 118,263% against the previous year. As a result, the export price attained the peak level of $9,469 per unit, and then dropped remarkably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($5,557 per unit), while the average price for exports to the United States ($1,363 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+3.9%).
Price for Watch Movements; Complete and Assembled in Estonia (CIF) - 2022
The average import price for watch movements; complete and assembleds stood at $21 per unit in 2022, reducing by -2.4% against the previous year. Over the period under review, the import price, however, recorded a slight increase. The pace of growth appeared the most rapid in 2017 an increase of 81%. The import price peaked at $30 per unit in 2014; however, from 2015 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 Austria ($187 per unit), while the price for Germany ($4.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.3%), while the prices for the other major suppliers experienced a decline.
Exports of Watch Movements; Complete and Assembled in Estonia
Watch movements; complete and assembled exports from Estonia soared to 3 units in 2022, growing by 200% on 2021. Overall, exports, however, recorded a abrupt slump. Over the period under review, the exports hit record highs at 10 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, watch movements; complete and assembled exports soared to $12K in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 11,736%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Watch Movements; Complete and Assembled in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | N/A | 5.6 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 5.4 | 0% |
| United States | N/A | N/A | 9.5 | 1.4 | -85.3% |
| Germany | N/A | 0.1 | N/A | N/A | 0% |
| Latvia | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | 0.1 | 9.5 | 12.3 | 397.3% |
Top Export Markets for Watch Movements; Complete and Assembled from Estonia in 2022:
- United States (1.0 units)
- United Arab Emirates (1.0 units)
- Hong Kong SAR (1.0 units)
Imports of Watch Movements; Complete and Assembled in Estonia
Watch movements; complete and assembled imports into Estonia dropped remarkably to 105 units in 2022, shrinking by -60.8% against the previous year's figure. Over the period under review, imports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. Over the period under review, imports attained the maximum at 626 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, watch movements; complete and assembled imports shrank rapidly to $2.2K in 2022. In general, imports showed a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 9.4% against the previous year. Imports peaked at $11K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Watch Movements; Complete and Assembled in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 7.9 | 4.3 | 3.0 | 1.4 | -43.8% |
| Austria | N/A | N/A | N/A | 0.4 | 0% |
| Japan | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Germany | 0.5 | 0.1 | 1.1 | 0.2 | -26.3% |
| Netherlands | N/A | N/A | N/A | 0.1 | 0% |
| China | 2.2 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | 1.3 | N/A | 0% |
| Others | N/A | 0.8 | N/A | N/A | 0% |
| Total | 10.7 | 5.2 | 5.6 | 2.2 | -41.0% |
Top Suppliers of Watch Movements; Complete and Assembled to Estonia in 2022:
- Switzerland (47.0 units)
- Germany (42.0 units)
- Japan (9.0 units)
- Netherlands (4.0 units)
- Austria (2.0 units)
- United Kingdom (1.0 units)
393
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
393
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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