Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belgium - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belgium (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belgium (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belgium
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belgium
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belgium (CIF) - 2022
In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $791 per unit, which is down by -4.9% against the previous year. Overall, the import price, however, enjoyed a mild increase. The growth pace was the most rapid in 2015 an increase of 69% against the previous year. The import price peaked at $1,295 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($3,375 per unit), while the price for China ($27 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+32.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belgium (FOB) - 2022
In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $971 per unit, declining by -24.4% against the previous year. In general, the export price showed a pronounced downturn. The growth pace was the most rapid in 2019 when the average export price increased by 57%. The export price peaked at $1,428 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,487 per unit), while the average price for exports to Germany ($323 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 Colombia (+32.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belgium
In 2022, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into Belgium skyrocketed to 97K units, picking up by 20% against 2021. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 70% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings reached $77M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +50.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 45.0 | 42.0 | 53.2 | 54.7 | 6.7% |
| France | 3.6 | 3.5 | 4.3 | 10.4 | 42.4% |
| Germany | 0.5 | 4.3 | 7.1 | 7.3 | 144.4% |
| Netherlands | 1.5 | 0.5 | 0.8 | 2.4 | 17.0% |
| China | 0.1 | 0.2 | 0.7 | 0.9 | 108.0% |
| Others | 0.3 | 0.5 | 1.0 | 0.9 | 44.2% |
| Total | 51.1 | 51.0 | 67.0 | 76.5 | 14.4% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Belgium in 2022:
- China (31.7K units)
- France (23.5K units)
- Switzerland (16.2K units)
- Germany (13.0K units)
- Netherlands (9.4K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belgium
In 2022, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings from Belgium surged to 21K units, rising by 25% against 2021 figures. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings dropped to $21M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 40% against the previous year. As a result, the exports reached the peak of $22M, and then dropped in the following year.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 2.2 | 4.4 | 4.5 | 10.2 | 66.7% |
| United States | 1.6 | 1.8 | 3.0 | 2.3 | 12.9% |
| Switzerland | 1.4 | 1.5 | 1.9 | 2.0 | 12.6% |
| Hong Kong SAR | 0.9 | 2.0 | 2.9 | 1.2 | 10.1% |
| France | 0.2 | 0.5 | 2.4 | 0.7 | 51.8% |
| Singapore | 0.1 | 0.3 | 0.3 | 0.6 | 81.7% |
| Netherlands | 1.2 | 0.7 | 0.2 | 0.2 | -45.0% |
| Japan | 0.4 | 0.2 | 0.4 | 0.2 | -20.6% |
| Germany | 0.2 | 0.5 | 0.3 | 0.1 | -20.6% |
| Others | 4.2 | 3.8 | 5.9 | 3.2 | -8.7% |
| Total | 12.2 | 15.6 | 21.8 | 20.6 | 19.1% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Belgium in 2022:
- Luxembourg (9.6K units)
- France (1.2K units)
- Switzerland (1.1K units)
- United States (0.9K units)
- Netherlands (0.3K units)
- Singapore (0.3K units)
- Germany (0.3K units)
- Hong Kong SAR (0.3K units)
- Japan (0.1K units)
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