Price for Watches; Incomplete Movements, Assembled in Slovakia - 2023

Contents:

1. Price for Watches; Incomplete Movements, Assembled in Slovakia (CIF) - 2022
2. Imports of Watches; Incomplete Movements, Assembled in Slovakia

Price for Watches; Incomplete Movements, Assembled in Slovakia (CIF) - 2022

In 2022, the average watches; incomplete movements, assembled import price amounted to $117 per unit, reducing by -62.1% against the previous year. Overall, the import price showed a slight reduction. The growth pace was the most rapid in 2017 when the average import price increased by 393%. The import price peaked at $696 per unit in 2018; however, from 2019 to 2022, import prices remained at a 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 Sweden ($345 per unit), while the price for Japan ($42 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+287.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Watches; Incomplete Movements, Assembled in Slovakia

After two years of decline, supplies from abroad of watches; incomplete movements, assembleds increased by 267% to 11 units in 2022. In general, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, watches; incomplete movements, assembled imports soared to $1.2K in 2022. Overall, imports, however, faced a dramatic slump. Over the period under review, imports hit record highs at $4.4K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Watches; Incomplete Movements, Assembled to Slovakia in 2022:

1. Germany (8.0 units)
2. Japan (2.0 units)

Source: IndexBox Market Intelligence Platform