Price for Watch Movements; Complete and Assembled in the Czech Republic - 2023
Contents:
- Price for Watch Movements; Complete and Assembled in the Czech Republic (CIF) - 2022
- Price for Watch Movements; Complete and Assembled in the Czech Republic (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled in the Czech Republic
- Exports of Watch Movements; Complete and Assembled in the Czech Republic
Price for Watch Movements; Complete and Assembled in the Czech Republic (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembleds amounted to $10 per unit, dropping by -13.8% against the previous year. In general, the import price, however, recorded a prominent expansion. The growth pace was the most rapid in 2018 an increase of 121% against the previous year. The import price peaked at $12 per unit in 2021, and then fell in the following year.
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 Japan ($2.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Movements; Complete and Assembled in the Czech Republic (FOB) - 2022
The average export price for watch movements; complete and assembleds stood at $24 per unit in 2022, reducing by -15.1% against the previous year. Over the period under review, the export price, however, enjoyed significant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 474%. The export price peaked at $52 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($102 per unit), while the average price for exports to Germany ($13 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 Hungary (+38.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Watch Movements; Complete and Assembled in the Czech Republic
In 2022, purchases abroad of watch movements; complete and assembleds decreased by -2.5% to 47K units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 31% against the previous year. Over the period under review, imports reached the peak figure at 48K units in 2021, and then reduced slightly in the following year.
In value terms, watch movements; complete and assembled imports fell remarkably to $476K in 2022. Over the period under review, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year. As a result, imports reached the peak of $566K, and then declined notably in the following year.
| Import of Watch Movements; Complete and Assembled in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 148 | 185 | 323 | 243 | 18.0% |
| Netherlands | N/A | N/A | 31.9 | 113 | 254.2% |
| China | 59.9 | 72.8 | 64.6 | 64.8 | 2.7% |
| Japan | 20.5 | 3.7 | 19.9 | 13.8 | -12.4% |
| Hong Kong SAR | 9.3 | 20.2 | 14.8 | 9.4 | 0.4% |
| Others | 40.9 | 48.8 | 112 | 31.6 | -8.2% |
| Total | 278 | 331 | 566 | 476 | 19.6% |
Top Suppliers of Watch Movements; Complete and Assembled to the Czech Republic in 2022:
- China (22.8K units)
- Netherlands (8.2K units)
- Switzerland (6.7K units)
- Japan (6.0K units)
- Hong Kong SAR (1.9K units)
Exports of Watch Movements; Complete and Assembled in the Czech Republic
In 2022, shipments abroad of watch movements; complete and assembleds was finally on the rise to reach 2.6K units after two years of decline. In general, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports hit record highs at 4K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, watch movements; complete and assembled exports surged to $64K in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 60% against the previous year. As a result, the exports attained the peak of $103K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Watch Movements; Complete and Assembled in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.0 | 3.2 | 10.5 | 12.4 | 131.5% |
| Slovakia | 35.8 | 7.4 | 8.0 | 12.0 | -30.5% |
| Germany | 10.3 | 0.2 | 1.1 | 11.3 | 3.1% |
| Switzerland | 7.8 | 17.3 | 11.1 | 8.0 | 0.8% |
| Hungary | N/A | N/A | 5.6 | 6.9 | 23.2% |
| Netherlands | 0.1 | 0.1 | 1.2 | 2.6 | 196.2% |
| Italy | 1.9 | 71.0 | N/A | 0.1 | -62.5% |
| Others | 7.4 | 3.5 | 13.4 | 10.5 | 12.4% |
| Total | 64.2 | 103 | 50.9 | 63.7 | -0.3% |
Top Export Markets for Watch Movements; Complete and Assembled from the Czech Republic in 2022:
- Germany (896.0 units)
- Slovakia (788.0 units)
- Poland (653.0 units)
- Hungary (102.0 units)
- Switzerland (78.0 units)
- Netherlands (49.0 units)
- Italy (2.0 units)
377
This report provides an in-depth analysis of the assembled watch movements market in the Czech Republic.
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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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This report provides an in-depth analysis of the assembled watch movements market in the Czech Republic.
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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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