Price for Watch Cases and Parts Thereof in Belarus - 2022

Price for Watch Cases and Parts Thereof in Belarus (CIF) - 2022

In 2022, the average import price for watch cases and parts thereoves amounted to $14 per unit, picking up by 47% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 82% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($14 per unit), while the price for Switzerland totaled $4.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Watch Cases and Parts Thereof in Belarus (FOB) - 2022

In 2022, the average export price for watch cases and parts thereoves amounted to $12 per unit, with an increase of 12% against the previous year. Overall, the export price posted significant growth. The most prominent rate of growth was recorded in 2020 an increase of 206% 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 Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +20.7% per year.

Imports of Watch Cases and Parts Thereof in Belarus

In 2022, approx. 4.2K units of watch cases and parts thereoves were imported into Belarus; waning by -25.8% against the year before. Over the period under review, imports continue to indicate a dramatic slump. Over the period under review, imports reached the maximum at 47K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, watch cases and parts thereof imports stood at $60K in 2022. In general, imports faced a precipitous decrease. Over the period under review, imports reached the maximum at $305K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Watch Cases and Parts Thereof in Belarus (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	304	60.1	53.2	59.1	-42.1%
Switzerland	0.3	1.1	0.8	0.3	0.0%
Others	1.1	1.1	0.8	0.2	-43.3%
Total	305	62.3	54.8	59.7	-41.9%

Top Suppliers of Watch Cases and Parts Thereof to Belarus in 2022:

China (4.1K units)
Switzerland (0.1K units)

Exports of Watch Cases and Parts Thereof in Belarus

In 2022, after two years of decline, there was significant growth in shipments abroad of watch cases and parts thereoves, when their volume increased by 19% to 162 units. Overall, exports, however, showed a precipitous decrease. Over the period under review, the exports reached the maximum at 4.3K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, watch cases and parts thereof exports skyrocketed to $2K in 2022. Over the period under review, exports, however, recorded a dramatic decline. Over the period under review, the exports hit record highs at $12K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.