Price for Watch Cases and Parts Thereof in Ukraine - 2023

Contents:

  1. Price for Watch Cases and Parts Thereof in Ukraine (FOB) - 2022
  2. Price for Watch Cases and Parts Thereof in Ukraine (CIF) - 2022
  3. Exports of Watch Cases and Parts Thereof in Ukraine
  4. Imports of Watch Cases and Parts Thereof in Ukraine

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

In 2022, the average export price for watch cases and parts thereoves amounted to $146 per unit, reducing by -9.5% against the previous year. In general, the export price, however, showed a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 242% against the previous year. Over the period under review, the average export prices reached the peak figure at $162 per unit in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +18.3% per year.

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

In 2022, the average import price for watch cases and parts thereoves amounted to $27 per unit, with an increase of 38% against the previous year. In general, the import price, however, saw a deep contraction. The import price peaked at $53 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 China ($27 per unit), while the price for Italy ($2.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (-0.5%), while the prices for the other major suppliers experienced a decline.

Exports of Watch Cases and Parts Thereof in Ukraine

For the fourth consecutive year, Ukraine recorded growth in shipments abroad of watch cases and parts thereoves, which increased by 60% to 1.1K units in 2022. Overall, exports recorded 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 skyrocketed to $166K in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 383% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Watch Cases and Parts Thereof in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland13.163.1114166133.1%
OthersN/AN/AN/A0.10%
Total13.163.1114166133.1%

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

  1. Switzerland (1132.0 units)

Imports of Watch Cases and Parts Thereof in Ukraine

In 2022, the amount of watch cases and parts thereoves imported into Ukraine fell sharply to 4.5K units, dropping by -22% on the previous year's figure. Over the period under review, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. Imports peaked at 6.8K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, watch cases and parts thereof imports amounted to $122K in 2022. In general, imports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 48%. Imports peaked at $134K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Watch Cases and Parts Thereof in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11863.998.61200.6%
Switzerland6.93.05.41.4-41.2%
Hungary2.1N/AN/AN/A0%
Italy5.7N/A0.1N/A-86.8%
Others1.49.18.60.4-34.1%
Total13476.0113122-3.1%

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

  1. Italy (undefinedK units)
  2. China (4.4K units)
  3. Switzerland (0.1K units)

Source: IndexBox Market Intelligence Platform

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