Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Croatia - 2023

Contents:

1. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Croatia (CIF) - 2022
2. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Croatia (FOB) - 2022
3. Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Croatia
4. Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Croatia

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Croatia (CIF) - 2022

In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $6.5 per unit, falling by -20.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 216%. As a result, import price reached the peak level of $47 per unit. From 2015 to 2022, the average import prices remained at a 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 Germany ($35 per unit), while the price for Hong Kong SAR amounted to $4.5 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+24.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Croatia (FOB) - 2022

In 2022, the average export price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $52 per unit, approximately reflecting the previous year. Overall, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 5.3%. The export price peaked at $103 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($103 per unit), while the average price for exports to the Netherlands amounted to $1 per unit.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-45.5%).

Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Croatia

In 2022, after two years of decline, there was significant growth in supplies from abroad of watch movements; complete and assembled, not automatic winding or electrically operateds, when their volume increased by 123% to 1K units. Over the period under review, imports, however, continue to indicate a deep slump. Over the period under review, imports of attained the maximum at 1.3K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds skyrocketed to $6.7K in 2022. Overall, imports, however, saw a perceptible decrease. Over the period under review, imports of attained the maximum at $8.2K in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Croatia in 2022:

1. Hong Kong SAR (996.0 units)
2. Germany (29.0 units)

Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Croatia

Exports of watch movements; complete and assembled, not automatic winding or electrically operateds from Croatia stood at 2 units in 2022, approximately equating the previous year's figure. Overall, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds stood at $104 in 2022. Over the period under review, exports faced a precipitous decline. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the peak figure at $205 in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Top Export Markets for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated from Croatia in 2022:

1. Belgium (1.0 units)
2. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform