Price for Watch Cases and Parts Thereof in Portugal - 2023

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

In 2022, the average export price for watch cases and parts thereoves amounted to $52 per unit, declining by -15.3% against the previous year. In general, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 76%. The export price peaked at $149 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($53 per unit), while the average price for exports to Switzerland ($23 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 France (+4.6%).

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

The average import price for watch cases and parts thereoves stood at $3.4 per unit in 2022, falling by -40.8% against the previous year. Overall, the import price continues to indicate a dramatic setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 57%. Over the period under review, average import prices reached the maximum at $34 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($11 per unit), while the price for France ($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 the Netherlands (+9.3%), while the prices for the other major suppliers experienced a decline.

Exports of Watch Cases and Parts Thereof in Portugal

Watch cases and parts thereof exports from Portugal surged to 141K units in 2022, rising by 79% against the previous year. Over the period under review, exports saw a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, watch cases and parts thereof exports soared to $7.3M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Watch Cases and Parts Thereof in Portugal (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	5.4	5.2	4.8	7.1	9.6%
Germany	N/A	N/A	N/A	0.2	0%
Bulgaria	0.1	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	5.5	5.2	4.8	7.3	9.9%

Top Export Markets for Watch Cases and Parts Thereof from Portugal in 2022:

France (133.9K units)
Germany (4.7K units)

Imports of Watch Cases and Parts Thereof in Portugal

After two years of decline, overseas purchases of watch cases and parts thereoves increased by 2,729% to 2.1M units in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, watch cases and parts thereof imports soared to $6.9M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.