Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Serbia - 2024

Contents:

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

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

In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $2.2 per unit, surging by 276% against the previous year. In general, the import price posted a remarkable increase. 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 Switzerland ($47 per unit), while the price for China stood at $0.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+24.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of watches; complete movements, unassembled or partly assembled (movement sets) imported into Serbia dropped slightly to 103 units, reducing by -2.8% against the previous year's figure. Overall, imports saw a sharp shrinkage. Imports peaked at 1.7K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) skyrocketed to $230 in 2022. Over the period under review, imports showed a abrupt shrinkage. Imports peaked at $415 in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in Serbia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland4.03.01.0187260.2%
China11.02.01.043.057.5%
Hong Kong SAR90.054.09.0N/A-68.4%
Italy30523950.0N/A-59.5%
Others5.05.02.0N/A-36.8%
Total41530363.0230-17.9%

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

  1. China (99.0 units)
  2. Switzerland (4.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Watches; complete movements, unassembled or partly assembled (movement sets) - Serbia