Price for Watch Movements; Complete and Assembled in Serbia - 2024
Contents:
- Price for Watch Movements; Complete and Assembled in Serbia (CIF) - 2022
- Price for Watch Movements; Complete and Assembled in Serbia (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled in Serbia
- Exports of Watch Movements; Complete and Assembled in Serbia
Price for Watch Movements; Complete and Assembled in Serbia (CIF) - 2022
The average import price for watch movements; complete and assembleds stood at $2.8 per unit in 2022, declining by -63.4% against the previous year. In general, the import price saw a deep setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 11% against the previous year. The import price peaked at $25 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Switzerland ($15 per unit), while the price for Turkey ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-5.4%), while the prices for the other major suppliers experienced a decline.
Price for Watch Movements; Complete and Assembled in Serbia (FOB) - 2022
In 2022, the average export price for watch movements; complete and assembleds amounted to $47 per unit, surging by 1,007% against the previous year. Overall, the export price, however, continues to indicate a precipitous setback. Over the period under review, the average export prices reached the peak figure at $705 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +1,480.8% per year.
Imports of Watch Movements; Complete and Assembled in Serbia
For the fourth consecutive year, Serbia recorded growth in overseas purchases of watch movements; complete and assembleds, which increased by 126% to 13K units in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, watch movements; complete and assembled imports dropped dramatically to $36K in 2022. Overall, imports, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, imports attained the peak of $47K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Watch Movements; Complete and Assembled in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.5 | 2.2 | 3.0 | 14.7 | 114.0% |
| Switzerland | 0.8 | 1.5 | 1.4 | 11.0 | 139.6% |
| China | 0.8 | 0.6 | 0.7 | 5.0 | 84.2% |
| Thailand | 0.2 | 0.3 | 0.5 | 2.9 | 143.8% |
| Germany | 0.6 | 0.6 | 0.2 | 2.2 | 54.2% |
| Italy | 0.7 | 0.2 | 2.3 | N/A | 81.3% |
| Netherlands | 36.8 | 39.1 | 35.1 | N/A | -2.3% |
| Others | 0.4 | 2.7 | 0.7 | 0.5 | 7.7% |
| Total | 41.9 | 47.0 | 43.8 | 36.3 | -4.7% |
Top Suppliers of Watch Movements; Complete and Assembled to Serbia in 2022:
- Japan (7.5K units)
- China (3.3K units)
- Thailand (0.8K units)
- Switzerland (0.8K units)
- Germany (0.4K units)
Exports of Watch Movements; Complete and Assembled in Serbia
In 2022, exports of watch movements; complete and assembleds from Serbia soared to 26 units, surging by 271% on 2021 figures. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, watch movements; complete and assembled exports surged to $1.2K in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Watch Movements; Complete and Assembled in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Switzerland | 9.0 | 1,233 | 13600.0% | ||
| Bosnia and Herzegovina | 4.0 | N/A | 0% | ||
| Austria | 15.0 | N/A | 0% | ||
| Montenegro | 1.0 | N/A | 0% | ||
| Netherlands | 1.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 30.0 | 1,233 | 4010.0% | ||
Top Export Markets for Watch Movements; Complete and Assembled from Serbia in 2022:
- Switzerland (26.0 units)
411
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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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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