Price for Watch Cases and Parts Thereof in Slovenia - 2023

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

In 2022, the average import price for watch cases and parts thereoves amounted to $154 per unit, dropping by -1.8% against the previous year. Overall, the import price saw a pronounced descent. The growth pace was the most rapid in 2019 when the average import price increased by 191% against the previous year. As a result, import price reached the peak level of $1,419 per unit. From 2020 to 2022, the average import prices remained at a somewhat 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 Switzerland ($1,951 per unit), while the price for Poland ($1.2 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 (+8,640.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for watch cases and parts thereoves stood at $15 per unit in 2022, waning by -45.7% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 64% against the previous year. Over the period under review, the average export prices attained the peak figure at $27 per unit in 2021, and then contracted remarkably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kosovo ($106 per unit), while the average price for exports to Bosnia and Herzegovina totaled $0.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+177.6%).

Imports of Watch Cases and Parts Thereof in Slovenia

For the fourth year in a row, Slovenia recorded growth in purchases abroad of watch cases and parts thereoves, which increased by 14% to 82 units in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 700%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, watch cases and parts thereof imports rose markedly to $13K in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 107%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Watch Cases and Parts Thereof in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	2.4	2.8	8.3	9.8	59.8%
China	1.0	2.4	1.6	2.1	28.1%
Singapore	N/A	N/A	0.9	0.1	-88.9%
Poland	N/A	N/A	N/A	0.1	0%
Netherlands	N/A	N/A	N/A	N/A	0%
Others	0.9	0.2	0.6	0.6	-12.6%
Total	4.3	5.5	11.3	12.7	43.5%

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

Poland (63.0 units)
China (7.0 units)
Switzerland (5.0 units)
Singapore (2.0 units)
Netherlands (1.0 units)

Exports of Watch Cases and Parts Thereof in Slovenia

For the third consecutive year, Slovenia recorded growth in overseas shipments of watch cases and parts thereoves, which increased by 1,100% to 12 units in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, watch cases and parts thereof exports soared to $176 in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.