Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Luxembourg - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Luxembourg (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Luxembourg (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Luxembourg
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Luxembourg
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Luxembourg (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $43 per unit in 2022, picking up by 8.2% against the previous year. In general, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 178%. As a result, import price attained the peak level of $45 per unit. From 2021 to 2022, the average import prices remained at a lower figure.
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 France ($308 per unit), while the price for the Netherlands ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+37.1%), 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 Luxembourg (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $4 per unit, remaining stable against the previous year. In general, the export price continues to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 258%. Over the period under review, the average export prices attained the maximum at $422 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Poland.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +21.4% per year.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Luxembourg
For the fourth year in a row, Luxembourg recorded growth in overseas purchases of pocket watches and other watches, including stop-watches; battery or accumulator powereds, which increased by 42% to 5K units in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds soared to $216K in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 234%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 10.6 | 109 | 102 | 136 | 134.1% |
| France | 13.9 | 12.9 | 12.5 | 50.3 | 53.5% |
| Netherlands | N/A | 0.2 | 8.3 | 21.1 | 927.1% |
| China | 7.4 | N/A | 0.5 | 1.0 | -48.7% |
| Others | 8.0 | 11.0 | 17.3 | 7.0 | -4.4% |
| Total | 39.8 | 133 | 140 | 216 | 75.7% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Luxembourg in 2022:
- Belgium (3588.0 units)
- Netherlands (1090.0 units)
- France (163.0 units)
- China (5.0 units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Luxembourg
In 2022, the amount of pocket watches and other watches, including stop-watches; battery or accumulator powereds exported from Luxembourg stood at 2 units, remaining constant against 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $8 in 2022. In general, exports saw a sharp contraction. The smallest decline of 99.9% was in 2021. The exports peaked at $155 in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Poland | N/A | N/A | 8.0 | 0% | |
| Germany | 155 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 155 | N/A | 8.0 | -77.3% | |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Luxembourg in 2022:
- Poland (2.0 units)
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