Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Israel - 2022
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Israel (FOB) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Israel (CIF) - 2022
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Israel
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Israel
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Israel (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $109 per unit, jumping by 46% against the previous year. Over the period under review, the export price enjoyed strong growth. The growth pace was the most rapid in 2021 an increase of 87% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2013 to 2022, the rate of growth in terms of prices for Latvia amounted to +63.8% per year.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Israel (CIF) - 2022
In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $4.2 per unit, which is down by -2.2% against the previous year. Over the period under review, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 55% against the previous year. Over the period under review, average import prices attained the peak figure at $5.1 per unit in 2012; however, from 2013 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 China ($16 per unit), while the price for the United States ($1.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Israel
In 2022, the amount of pocket watches and other watches, including stop-watches; battery or accumulator powereds exported from Israel reduced sharply to 11K units, falling by -52.6% compared with the previous year's figure. In general, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 40%. As a result, the exports attained the peak of 22K units, and then shrank markedly in the following year.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds declined notably to $1.1M in 2022. Over the period under review, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 162%. As a result, the exports attained the peak of $1.7M, and then reduced rapidly in the following year.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 1,145 | 0% |
| Japan | N/A | 595 | N/A | N/A | 0% |
| Latvia | 26.5 | 36.2 | 282 | N/A | 226.2% |
| Hungary | 97.5 | N/A | N/A | N/A | 0% |
| Denmark | N/A | N/A | 523 | N/A | 0% |
| Italy | 513 | N/A | N/A | N/A | 0% |
| Canada | N/A | N/A | 73.3 | N/A | 0% |
| Others | 102 | N/A | 775 | N/A | 175.6% |
| Total | 739 | 631 | 1,653 | 1,145 | 15.7% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Israel in 2022:
- United States (10.6K units)
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Israel
In 2022, purchases abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds decreased by -31.5% to 38K units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 49% against the previous year. As a result, imports attained the peak of 84K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds shrank dramatically to $156K in 2022. In general, imports saw a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 47%. As a result, imports reached the peak of $364K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 48.0 | 40.0 | 61.0 | 52.0 | 2.7% |
| Italy | N/A | N/A | N/A | 46.0 | 0% |
| Hong Kong SAR | 193 | 200 | 120 | 41.0 | -40.3% |
| Switzerland | 1.0 | 1.0 | N/A | 9.0 | 108.0% |
| United States | N/A | 10.0 | N/A | 2.0 | -55.3% |
| Latvia | N/A | 107 | 46.0 | N/A | -57.0% |
| Others | 6.0 | 6.0 | 6.0 | 6.0 | 0.0% |
| Total | 248 | 364 | 233 | 156 | -14.3% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Israel in 2022:
- Hong Kong SAR (22.3K units)
- Italy (9.2K units)
- China (3.3K units)
- United States (1.2K units)
- Switzerland (1.0K units)
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