Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Estonia - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Estonia (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Estonia (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Estonia
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Estonia
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Estonia (CIF) - 2022
In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $113 per unit, with an increase of 31% against the previous year. In general, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 305% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.
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 Latvia ($166 per unit), while the price for Belgium ($3.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Estonia (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $523 per unit in 2022, remaining relatively unchanged against the previous year. In general, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 126% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($651 per unit), while the average price for exports to Latvia stood at $12 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+49.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Estonia
In 2022, the amount of pocket watches and other watches, including stop-watches; battery or accumulator powereds imported into Estonia shrank notably to 3.2K units, waning by -51.4% on 2021. Over the period under review, imports saw a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. Over the period under review, imports of hit record highs at 23K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds shrank sharply to $359K in 2022. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, imports reached the peak of $561K, and then declined notably in the following year.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | 451 | 496 | 323 | -15.4% |
| Lithuania | N/A | 36.2 | 56.4 | 23.6 | -19.3% |
| China | 506 | 0.2 | 0.6 | 2.8 | -82.3% |
| Poland | 0.1 | 0.9 | 3.0 | 2.2 | 180.2% |
| Belgium | 0.1 | 0.3 | 0.2 | 0.5 | 71.0% |
| Denmark | N/A | N/A | N/A | 0.4 | 0% |
| Others | 8.9 | 6.4 | 5.1 | 5.6 | -14.3% |
| Total | 515 | 495 | 561 | 359 | -11.3% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Estonia in 2022:
- Latvia (1950.0 units)
- Lithuania (413.0 units)
- China (362.0 units)
- Belgium (151.0 units)
- Poland (101.0 units)
- Denmark (97.0 units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Estonia
In 2022, the amount of pocket watches and other watches, including stop-watches; battery or accumulator powereds exported from Estonia totaled 20 units, approximately reflecting the previous year. Overall, exports saw a dramatic contraction. The smallest decline of -95.1% was in 2020. Over the period under review, the exports of hit record highs at 2.9K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds totaled $10K in 2022. In general, exports faced a precipitous contraction. The smallest decline of -89.1% was in 2020. Over the period under review, the exports of hit record highs at $154K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 10.4 | 0% |
| Hong Kong SAR | N/A | 11.3 | N/A | N/A | 0% |
| South Korea | 16.8 | N/A | N/A | N/A | 0% |
| Japan | 137 | 5.5 | N/A | N/A | -96.0% |
| Latvia | 0.5 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 154 | 16.9 | N/A | 10.5 | -59.1% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Estonia in 2022:
- Russia (16.0 units)
- Latvia (4.0 units)
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