Price for Watch Movements; Complete and Assembled in Belgium - 2023
Contents:
- Price for Watch Movements; Complete and Assembled in Belgium (CIF) - 2022
- Price for Watch Movements; Complete and Assembled in Belgium (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled in Belgium
- Exports of Watch Movements; Complete and Assembled in Belgium
Price for Watch Movements; Complete and Assembled in Belgium (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembleds amounted to $20 per unit, growing by 59% against the previous year. In general, the import price, however, showed a slight decrease. The most prominent rate of growth was recorded in 2019 an increase of 130% against the previous year. The import price peaked at $55 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($172 per unit), while the price for the Netherlands ($3.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+32.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Movements; Complete and Assembled in Belgium (FOB) - 2022
In 2022, the average export price for watch movements; complete and assembleds amounted to $82 per unit, with a decrease of -33.4% against the previous year. Overall, the export price, however, continues to indicate a notable increase. The pace of growth appeared the most rapid in 2015 an increase of 142%. Over the period under review, the average export prices attained the peak figure at $124 per unit in 2021, and then contracted dramatically in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($389 per unit), while the average price for exports to Japan ($15 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 (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Watch Movements; Complete and Assembled in Belgium
In 2022, watch movements; complete and assembled imports into Belgium surged to 375K units, increasing by 91% on the previous year's figure. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 125% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, watch movements; complete and assembled imports surged to $7.5M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Watch Movements; Complete and Assembled in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 8.1 | 1,462 | 17949.4% |
| Netherlands | 566 | 443 | 861 | 1,307 | 32.2% |
| Sweden | N/A | N/A | N/A | 1,146 | 0% |
| Others | 2,588 | 1,334 | 1,606 | 3,612 | 11.8% |
| Total | 3,154 | 1,777 | 2,475 | 7,527 | 33.6% |
Top Suppliers of Watch Movements; Complete and Assembled to Belgium in 2022:
- Netherlands (345.4K units)
- Spain (8.5K units)
- Sweden (7.7K units)
Exports of Watch Movements; Complete and Assembled in Belgium
In 2022, approx. 74K units of watch movements; complete and assembleds were exported from Belgium; jumping by 1,181% on the previous year. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, watch movements; complete and assembled exports surged to $6.1M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Watch Movements; Complete and Assembled in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 18.1 | 617 | 1.6 | 1,439 | 330.0% |
| Germany | 20.4 | 32.6 | 63.8 | 1,268 | 296.1% |
| Netherlands | 204 | 174 | 362 | 1,260 | 83.5% |
| France | 16.7 | 266 | 5.3 | 686 | 245.0% |
| Switzerland | 141 | 179 | 158 | 521 | 54.6% |
| Austria | 0.3 | 0.2 | 0.5 | 211 | 789.3% |
| Spain | 11.2 | 1.5 | 1.8 | 203 | 162.7% |
| Hong Kong SAR | 22.3 | 73.8 | 5.3 | 200 | 107.8% |
| Sweden | N/A | 14.2 | 81.7 | 84.3 | 143.7% |
| Japan | N/A | N/A | N/A | 62.9 | 0% |
| Denmark | N/A | 0.4 | N/A | 62.8 | 1153.0% |
| Greece | N/A | N/A | N/A | 18.4 | 0% |
| Portugal | N/A | 36.6 | N/A | N/A | 0% |
| Others | 131 | 251 | 35.8 | 88.6 | -12.2% |
| Total | 565 | 1,647 | 716 | 6,104 | 121.1% |
Top Export Markets for Watch Movements; Complete and Assembled from Belgium in 2022:
- Germany (16.8K units)
- Italy (16.1K units)
- Hong Kong SAR (9.6K units)
- France (8.9K units)
- Japan (4.2K units)
- Netherlands (3.2K units)
- Denmark (3.2K units)
- Sweden (3.0K units)
- Spain (2.8K units)
- Austria (1.9K units)
- Switzerland (1.6K units)
- Greece (1.2K units)
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This report provides an in-depth analysis of the assembled watch movements market in Belgium.
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Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
531
This report provides an in-depth analysis of the assembled watch movements market in Belgium.
419
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
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