Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Switzerland - 2024
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Switzerland (FOB) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Switzerland (CIF) - 2022
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Switzerland
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Switzerland
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Switzerland (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $85 per unit, surging by 7.9% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds increased by +58.1% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of 48% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($158 per unit), while the average price for exports to Italy ($54 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 Germany (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Switzerland (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $34 per unit in 2022, surging by 83% against the previous year. Overall, the import price enjoyed a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($102 per unit), while the price for China ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.8%), 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 Switzerland
In 2022, shipments abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds increased by 3.5% to 21K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a abrupt shrinkage. The exports peaked at 32K 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 expanded markedly to $1.8M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports of hit record highs at $1.8M in 2019; afterwards, it flattened through to 2022.
Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 99.1 | 73.9 | 205 | 489 | 70.2% |
United States | 339 | 372 | 372 | 209 | -14.9% |
Germany | 307 | 121 | 120 | 174 | -17.2% |
United Kingdom | 204 | 89.8 | 134 | 136 | -12.6% |
France | 166 | 165 | 199 | 131 | -7.6% |
Netherlands | 28.5 | 35.8 | 39.7 | 125 | 63.7% |
Canada | 45.7 | 57.0 | 49.0 | 65.8 | 12.9% |
Mexico | 4.0 | 0.6 | 7.9 | 64.7 | 152.9% |
Japan | 46.8 | 25.9 | 25.2 | 33.1 | -10.9% |
Australia | 17.3 | 25.8 | 22.1 | 28.6 | 18.2% |
Others | 538 | 542 | 411 | 312 | -16.6% |
Total | 1,795 | 1,509 | 1,584 | 1,768 | -0.5% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Switzerland in 2022:
- Italy (9.0K units)
- United States (1.8K units)
- United Kingdom (1.6K units)
- France (1.4K units)
- Germany (1.4K units)
- Netherlands (0.8K units)
- Mexico (0.7K units)
- Canada (0.6K units)
- Australia (0.3K units)
- Japan (0.3K units)
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Switzerland
In 2022, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds into Switzerland declined sharply to 27K units, with a decrease of -41% against the previous year's figure. In general, imports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 49%. As a result, imports reached the peak of 45K units, and then shrank significantly in the following year.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds rose notably to $906K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 33%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 0.1 | 1.9 | 0.5 | 251 | 1259.0% |
Germany | 81.6 | 177 | 205 | 245 | 44.3% |
China | 242 | 129 | 353 | 142 | -16.3% |
Netherlands | 6.1 | 8.4 | 6.0 | 129 | 176.5% |
Italy | 3.8 | 77.6 | 87.0 | 19.3 | 71.9% |
Austria | 4.7 | 12.4 | 9.4 | 11.1 | 33.2% |
Hong Kong SAR | 10.0 | 12.7 | 2.4 | 7.8 | -7.9% |
United Arab Emirates | 107 | 78.9 | N/A | 5.3 | -63.3% |
Others | 74.0 | 133 | 174 | 96.1 | 9.1% |
Total | 529 | 631 | 837 | 906 | 19.6% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Switzerland in 2022:
- China (12.1K units)
- Netherlands (5.6K units)
- Germany (4.3K units)
- Taiwan (Chinese) (2.5K units)
- Italy (0.5K units)
- Austria (0.4K units)
- Hong Kong SAR (0.2K units)
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