Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in France - 2023

Contents:

  1. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in France (CIF) - 2022
  2. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in France (FOB) - 2022
  3. Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in France
  4. Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in France

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in France (CIF) - 2022

In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $1,490 per unit, with an increase of 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2013 an increase of 19%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($2,001 per unit), while the price for China ($60 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+21.7%), 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 France (FOB) - 2022

In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $2,757 per unit, growing by 7.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.0%. The growth pace was the most rapid in 2013 an increase of 31%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 Portugal ($5,653 per unit), while the average price for exports to Italy ($1,267 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 Germany (+13.5%), 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 France

In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings imported into France rose remarkably to 820K units, increasing by 15% compared with the year before. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% 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 +77.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings soared to $1.2B in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland8415627551,0327.1%
Germany4.740.861.584.9162.4%
IrelandN/A32.653.252.627.0%
Netherlands0.33.014.715.6273.3%
Italy9.36.710.310.02.4%
Hong Kong SAR0.70.65.08.7131.6%
China24.94.68.23.8-46.6%
Others9.516.912.914.214.3%
Total8906679211,22211.1%

Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to France in 2022:

  1. Switzerland (515.9K units)
  2. Germany (105.7K units)
  3. China (63.2K units)
  4. Hong Kong SAR (45.0K units)
  5. Ireland (32.8K units)
  6. Netherlands (21.6K units)
  7. Italy (14.1K units)

Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in France

Exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings from France skyrocketed to 311K units in 2022, growing by 24% on the previous year. The total export volume increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak 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 surged to $857M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 35%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.

Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain13594.512518010.1%
Germany77.956.611117430.7%
Italy99.455.495.115716.5%
Portugal74.954.950.458.4-8.0%
Netherlands19.319.243.156.342.9%
Austria12.56.120.135.141.1%
Switzerland31.426.636.332.51.2%
Greece16.16.916.020.07.5%
Belgium13.59.415.716.46.7%
United Kingdom93.766.88.55.6-60.9%
Others83.680.112312213.4%
Total6584776448579.2%

Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from France in 2022:

  1. Italy (123.6K units)
  2. Germany (46.7K units)
  3. Spain (45.4K units)
  4. Netherlands (16.7K units)
  5. Austria (11.4K units)
  6. Portugal (10.3K units)
  7. Switzerland (9.2K units)
  8. Belgium (7.6K units)
  9. Greece (4.2K units)
  10. United Kingdom (1.2K units)

Source: IndexBox Market Intelligence Platform

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