Price for Watch Cases and Parts Thereof in the Czech Republic - 2023
Contents:
- Price for Watch Cases and Parts Thereof in the Czech Republic (CIF) - 2022
- Price for Watch Cases and Parts Thereof in the Czech Republic (FOB) - 2022
- Imports of Watch Cases and Parts Thereof in the Czech Republic
- Exports of Watch Cases and Parts Thereof in the Czech Republic
Price for Watch Cases and Parts Thereof in the Czech Republic (CIF) - 2022
The average import price for watch cases and parts thereoves stood at $28 per unit in 2022, dropping by -14% against the previous year. Over the period under review, the import price, however, posted a measured expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 45%. Over the period under review, average import prices hit record highs at $32 per unit in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($300 per unit), while the price for Slovakia ($6.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Cases and Parts Thereof in the Czech Republic (FOB) - 2022
In 2022, the average export price for watch cases and parts thereoves amounted to $44 per unit, rising by 49% against the previous year. Overall, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2016 an increase of 100%. As a result, the export price attained the peak level of $46 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($134 per unit), while the average price for exports to Germany ($10 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 Slovakia (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Watch Cases and Parts Thereof in the Czech Republic
For the fourth consecutive year, the Czech Republic recorded growth in supplies from abroad of watch cases and parts thereoves, which increased by 64% to 10K units in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, watch cases and parts thereof imports surged to $286K in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 69% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Watch Cases and Parts Thereof in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 23.3 | 47.5 | 101 | 99.3 | 62.1% |
| China | 33.0 | 44.4 | 49.0 | 75.3 | 31.7% |
| Germany | 16.2 | 4.8 | 7.7 | 61.2 | 55.7% |
| Slovakia | 4.2 | 14.3 | 20.4 | 10.4 | 35.3% |
| Others | 22.2 | 9.4 | 25.5 | 39.5 | 21.2% |
| Total | 98.9 | 120 | 203 | 286 | 42.5% |
Top Suppliers of Watch Cases and Parts Thereof to the Czech Republic in 2022:
- China (5.9K units)
- Germany (1.7K units)
- Slovakia (1.6K units)
- Switzerland (0.3K units)
Exports of Watch Cases and Parts Thereof in the Czech Republic
In 2022, shipments abroad of watch cases and parts thereoves was finally on the rise to reach 2.6K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a significant expansion. 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 $113K in 2022. Overall, exports showed significant growth. 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 the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 11.2 | 3.1 | 2.6 | 103 | 109.5% |
| Germany | 0.2 | N/A | 7.2 | 5.0 | 192.4% |
| Poland | 1.7 | 2.0 | 2.0 | 2.8 | 18.1% |
| Hungary | 1.5 | 1.0 | 0.5 | 0.8 | -18.9% |
| Switzerland | 0.3 | 14.1 | N/A | 0.5 | 18.6% |
| Hong Kong SAR | 8.8 | 0.2 | N/A | N/A | -97.7% |
| Others | 0.7 | 0.2 | 2.5 | 0.9 | 8.7% |
| Total | 24.4 | 20.6 | 14.8 | 113 | 66.7% |
Top Export Markets for Watch Cases and Parts Thereof from the Czech Republic in 2022:
- Slovakia (1922.0 units)
- Germany (483.0 units)
- Poland (56.0 units)
- Hungary (35.0 units)
- Switzerland (4.0 units)
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