Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Bulgaria - 2023

Contents:

1. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Bulgaria (CIF) - 2022
2. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Bulgaria (FOB) - 2022
3. Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Bulgaria
4. Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Bulgaria

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Bulgaria (CIF) - 2022

In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $38 per unit, picking up by 651% against the previous year. Overall, the import price saw strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($60 per unit), while the price for the Netherlands ($27 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+112.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Bulgaria (FOB) - 2022

The average export price for watches; complete movements, unassembled or partly assembled (movement sets) stood at $19 per unit in 2022, approximately equating the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 a decrease of 99.9%. 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 the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +184.4% per year.

Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Bulgaria

Imports of watches; complete movements, unassembled or partly assembled (movement sets) into Bulgaria soared to 3.8K units in 2022, surging by 550% against the previous year. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) soared to $143K in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to Bulgaria in 2022:

1. Netherlands (1887.0 units)
2. Germany (1776.0 units)
3. Italy (70.0 units)

Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Bulgaria

Exports of watches; complete movements, unassembled or partly assembled (movement sets) from Bulgaria stood at 6.7K units in 2022, approximately reflecting the previous year. Over the period under review, exports showed a sharp decline. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of reached the peak figure at 13K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of watches; complete movements, unassembled or partly assembled (movement sets) amounted to $128K in 2022. Overall, exports saw a precipitous contraction. The smallest decline of 99.9% was in 2021. The exports peaked at $255K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) from Bulgaria in 2022:

1. Netherlands (6.7K units)

Source: IndexBox Market Intelligence Platform