Russian Federation - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Plastic or Non-Precious Metal Watch in Russia - 2022
Contents:
- Price for Plastic or Non-Precious Metal Watch in Russia (CIF) - 2022
- Price for Plastic or Non-Precious Metal Watch in Russia (FOB) - 2022
- Imports of Plastic or Non-Precious Metal Watch in Russia
- Exports of Plastic or Non-Precious Metal Watch in Russia
Price for Plastic or Non-Precious Metal Watch in Russia (CIF) - 2022
In 2022, the average import price for plastic or non-precious metal watches amounted to $36 per unit, dropping by -36.5% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 71% against the previous year. Over the period under review, average import prices hit record highs at $95 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($664 per unit), while the price for Belarus ($6.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+12.8%), while the prices for the other major suppliers experienced a decline.
Price for Plastic or Non-Precious Metal Watch in Russia (FOB) - 2022
The average export price for plastic or non-precious metal watches stood at $44 per unit in 2022, which is down by -25.7% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2016 when the average export price increased by 142% against the previous year. As a result, the export price reached the peak level of $145 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($170 per unit), while the average price for exports to Ukraine ($13 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 Kazakhstan (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Plastic or Non-Precious Metal Watch in Russia
In 2022, purchases abroad of plastic or non-precious metal watches was finally on the rise to reach 6.1M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt shrinkage. Over the period under review, imports hit record highs at 8M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, plastic or non-precious metal watch imports contracted to $220M in 2022. Overall, imports, however, continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. Over the period under review, imports hit record highs at $246M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Plastic or Non-Precious Metal Watch in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 141 | 127 | 171 | 116 | -6.3% |
China | 80.6 | 65.9 | 45.5 | 88.4 | 3.1% |
Thailand | 4.2 | 2.9 | 4.9 | 7.0 | 18.6% |
Belarus | 1.5 | 1.3 | 0.6 | 1.4 | -2.3% |
Others | 18.8 | 8.7 | 11.7 | 7.6 | -26.1% |
Total | 246 | 206 | 234 | 220 | -3.7% |
Top Suppliers of Plastic or Non-Precious Metal Watch to Russia in 2022:
- China (5.5M units)
- Switzerland (0.2M units)
- Belarus (0.2M units)
- Thailand (0.1M units)
Exports of Plastic or Non-Precious Metal Watch in Russia
For the fourth year in a row, Russia recorded growth in shipments abroad of plastic or non-precious metal watches, which increased by 18% to 249K units in 2022. The total export volume increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, plastic or non-precious metal watch exports dropped to $11M in 2022. Over the period under review, exports, however, recorded a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 34%. Over the period under review, the exports hit record highs at $13M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Plastic or Non-Precious Metal Watch in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 1.9 | 1.6 | 2.0 | 2.3 | 6.6% |
Kazakhstan | 2.6 | 1.9 | 3.2 | 2.3 | -4.0% |
Poland | 0.1 | 0.1 | 0.1 | 1.5 | 146.6% |
Ukraine | 0.1 | 0.2 | 0.4 | 1.1 | 122.4% |
Germany | 0.2 | 0.4 | 0.6 | 0.9 | 65.1% |
Italy | N/A | N/A | N/A | 0.6 | 0% |
Switzerland | 2.0 | 1.9 | 2.2 | 0.1 | -63.2% |
Others | 6.1 | 3.3 | 4.0 | 2.2 | -28.8% |
Total | 13.0 | 9.4 | 12.5 | 10.9 | -5.7% |
Top Export Markets for Plastic or Non-Precious Metal Watch from Russia in 2022:
- Ukraine (85.2K units)
- Poland (70.2K units)
- Kazakhstan (34.1K units)
- Belarus (26.9K units)
- Italy (8.4K units)
- Germany (5.4K units)
- Switzerland (3.9K units)
This report provides an in-depth analysis of the market for plastic or non-precious metal watch in the Russian Federation. 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 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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