Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Czech Republic - 2023
Contents:
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Czech Republic (CIF) - 2022
- Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Czech Republic
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Czech Republic (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $209 per unit, picking up by 70% against the previous year. Over the period under review, the import price enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 an increase of 1,706% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($253 per unit), while the price for the UK ($10 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+62.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Czech Republic
Imports of watch movements; complete and assembled, not automatic winding or electrically operateds into the Czech Republic contracted rapidly to 263 units in 2022, which is down by -46% against the previous year. In general, imports recorded a sharp decrease. The smallest decline of -16.3% was in 2021. Imports peaked at 721 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 shrank to $55K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 408%. As a result, imports attained the peak of $60K, and then contracted in the following year.
| Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 5.2 | 1.7 | 55.9 | 54.2 | 118.4% |
| China | 0.6 | N/A | N/A | 0.5 | -5.9% |
| Hong Kong SAR | 1.3 | 5.8 | 0.1 | 0.1 | -57.5% |
| Germany | 0.5 | 3.5 | N/A | N/A | 600.0% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Japan | 7.5 | N/A | N/A | N/A | 0% |
| Poland | N/A | 0.8 | 2.8 | N/A | 250.0% |
| Others | 2.8 | N/A | 0.8 | 0.1 | -67.1% |
| Total | 17.7 | 11.8 | 59.7 | 54.8 | 45.7% |
Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to the Czech Republic in 2022:
- Switzerland (214.0 units)
- China (40.0 units)
- United Kingdom (4.0 units)
- Hong Kong SAR (4.0 units)
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