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

Contents:

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

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

In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $29 per unit, dropping by -9.8% against the previous year. Over the period under review, the import price, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 229% against the previous year. Over the period under review, average import prices reached the maximum at $41 per unit in 2019; however, from 2020 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 Switzerland ($36 per unit), while the price for China amounted to $16 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $12 per unit in 2022, declining by -44.5% against the previous year. Overall, the export price continues to indicate a dramatic descent. The most prominent rate of growth was recorded in 2020 an increase of 137% against the previous year. Over the period under review, the average export prices attained the peak figure at $369 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($18 per unit), while the average price for exports to Kosovo totaled $6.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+6.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of watch movements; complete and assembled, not automatic winding or electrically operateds imported into Slovenia surged to 76 units, jumping by 262% on 2021. In general, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 5,200%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds skyrocketed to $2.2K in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 1,905%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Slovenia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland41.05186311,823254.3%
ChinaN/A74.047.0407134.5%
GermanyN/A230N/AN/A0%
OthersN/AN/A5.0N/A0%
Total41.08226832,230278.9%

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

  1. Switzerland (50.0 units)
  2. China (26.0 units)

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

In 2022, the amount of watch movements; complete and assembled, not automatic winding or electrically operateds exported from Slovenia surged to 20 units, rising by 233% against 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 500% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds soared to $233 in 2022. Over the period under review, exports, however, faced a sharp curtailment. The exports peaked at $673 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Slovenia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and HerzegovinaN/AN/A12615926.2%
KosovoN/AN/AN/A74.00%
SwitzerlandN/A228N/AN/A0%
United States278N/AN/AN/A0%
Albania395N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total673228126233-29.8%

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

  1. Kosovo (11.0 units)
  2. Bosnia and Herzegovina (9.0 units)

Source: IndexBox Market Intelligence Platform

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