Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Germany - 2023
Contents:
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Germany (FOB) - 2022
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Germany (CIF) - 2022
- Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Germany
- Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Germany
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Germany (FOB) - 2022
In 2022, the average export price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $32 per unit, surging by 17% against the previous year. In general, the export price, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 62% against the previous year. As a result, the export price reached the peak level of $241 per unit. From 2019 to 2022, the average 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 the Czech Republic ($53 per unit), while the average price for exports to Hong Kong SAR ($16 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 Armenia (+14.8%), while the prices for the other major destinations experienced a decline.
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Germany (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $36 per unit, which is down by -33.2% against the previous year. In general, the import price recorded a deep contraction. The pace of growth was the most pronounced in 2014 an increase of 35% against the previous year. As a result, import price reached the peak level of $193 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($579 per unit), while the price for Japan ($22 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 (+33.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Germany
After three years of growth, overseas shipments of watch movements; complete and assembled, not automatic winding or electrically operateds decreased by -9.7% to 56K units in 2022. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 347%. The exports peaked at 62K units in 2021, and then declined in the following year.
In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds expanded remarkably to $1.8M in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 212%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
Export of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Germany (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 20.5 | 32.1 | 314 | 783 | 236.8% |
Hong Kong SAR | 33.1 | 568 | 1,069 | 315 | 111.9% |
Italy | 10.9 | 13.2 | 45.6 | 146 | 137.5% |
Czech Republic | 0.5 | N/A | 40.8 | 81.7 | 446.7% |
United Kingdom | N/A | 6.2 | 51.9 | 67.9 | 230.9% |
Iceland | N/A | N/A | N/A | 39.7 | 0% |
Armenia | 39.9 | 7.9 | N/A | 25.8 | -13.5% |
Others | 119 | 71.3 | 173 | 331 | 40.6% |
Total | 224 | 699 | 1,693 | 1,790 | 99.9% |
Top Export Markets for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated from Germany in 2022:
- Hong Kong SAR (19.8K units)
- France (17.8K units)
- Italy (7.9K units)
- United Kingdom (1.8K units)
- Czech Republic (1.5K units)
- Iceland (1.3K units)
- Armenia (1.0K units)
Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Germany
In 2022, the amount of watch movements; complete and assembled, not automatic winding or electrically operateds imported into Germany surged to 48K units, growing by 65% against 2021. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 117%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds rose rapidly to $1.7M in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Germany (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 10.8 | 186 | 221 | 832 | 325.5% |
Switzerland | 768 | 534 | 938 | 561 | -9.9% |
China | 60.0 | 44.9 | 58.3 | 93.5 | 15.9% |
Hong Kong SAR | 13.1 | 12.2 | 25.8 | 7.1 | -18.5% |
Others | 15.0 | 207 | 330 | 240 | 152.0% |
Total | 867 | 984 | 1,572 | 1,733 | 26.0% |
Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Germany in 2022:
- Japan (38.0K units)
- Switzerland (6.1K units)
- China (2.3K units)
- Hong Kong SAR (0.2K units)
This report provides an in-depth analysis of the assembled watch movements market in Germany.
Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
This report provides an in-depth analysis of the assembled watch movements market in Germany.
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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