Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Serbia - 2024

Contents:

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

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

The average import price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $7.1 per unit in 2022, declining by -86.9% against the previous year. In general, the import price recorded a abrupt decline. The pace of growth appeared the most rapid in 2014 an increase of 116% against the previous year. Over the period under review, average import prices attained the peak figure at $212 per unit in 2018; however, from 2019 to 2022, 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 Germany ($23 per unit), while the price for Japan ($5.3 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 (+2.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $24 per unit in 2022, remaining constant against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2021 to 2022, the rate of growth in terms of prices for Poland amounted to 0.0% per year.

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

For the fourth year in a row, Serbia recorded growth in purchases abroad of watch movements; complete and assembled, not automatic winding or electrically operateds, which increased by 471% to 3K units in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds declined sharply to $21K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 74% against the previous year. Imports peaked at $29K in 2021, and then declined dramatically in the following year.

Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan0.40.81.410.6198.1%
Switzerland0.10.30.23.0210.7%
Thailand0.10.20.32.7200.0%
ChinaN/A0.20.42.5253.6%
GermanyN/A0.10.22.1358.3%
Netherlands15.425.924.3N/A25.6%
Others0.51.01.80.4-7.2%
Total16.428.528.621.49.3%

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

  1. Japan (2012.0 units)
  2. China (453.0 units)
  3. Switzerland (232.0 units)
  4. Thailand (228.0 units)
  5. Germany (90.0 units)

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

Exports of watch movements; complete and assembled, not automatic winding or electrically operateds from Serbia dropped significantly to 42 units in 2022, falling by -50% against the year before. In general, exports faced a dramatic setback. Over the period under review, the exports of hit record highs at 84 units in 2021, and then fell remarkably in the following year.

In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds shrank rapidly to $996 in 2022. Overall, exports recorded a dramatic slump. Over the period under review, the exports of reached the peak figure at $2K in 2021, and then declined dramatically in the following year.

Export of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Serbia (USD)
COUNTRY20212022CAGR,
2021-2022
PolandN/A9960%
Bosnia and Herzegovina635N/A0%
Switzerland1,357N/A0%
OthersN/AN/A0%
Total1,992996-50.0%

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

  1. Poland (42.0 units)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Free Data: Watch movements; complete and assembled, not automatic winding or electrically operated - Serbia