Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ireland - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ireland (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ireland (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ireland
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ireland
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ireland (CIF) - 2022
In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $1,833 per unit, increasing by 8.4% against the previous year. Over the period under review, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 181%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($3,048 per unit), while the price for Denmark ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+21.4%), 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 Ireland (FOB) - 2022
In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $2,452 per unit, shrinking by -8.6% against the previous year. In general, the export price, however, showed a significant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 177% against the previous year. Over the period under review, the average export prices reached the maximum at $4,041 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($4,508 per unit), while the average price for exports to the UK ($1,469 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 the UK (+25.4%), 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 Ireland
In 2022, overseas purchases of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings decreased by -20.8% to 40K units, falling for the second consecutive year after two years of growth. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 246%. As a result, imports attained the peak of 68K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings declined to $73M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 477% against the previous year. Imports peaked at $84M in 2021, and then fell in the following year.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 10.7 | 60.4 | 77.2 | 66.8 | 84.1% |
| France | N/A | 0.2 | 1.8 | 2.0 | 216.2% |
| United Kingdom | 0.4 | 5.0 | 1.2 | 0.6 | 14.5% |
| Japan | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Germany | N/A | 0.2 | 0.6 | 0.3 | 22.5% |
| China | 0.4 | 0.4 | 1.1 | 0.3 | -9.1% |
| Denmark | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.6 | 2.2 | 2.0 | 171.4% |
| Total | 11.6 | 66.7 | 84.4 | 72.5 | 84.2% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Ireland in 2022:
- Switzerland (21.9K units)
- France (4.1K units)
- Germany (3.1K units)
- United Kingdom (2.9K units)
- Japan (2.5K units)
- China (2.3K units)
- Denmark (1.1K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ireland
After three years of growth, shipments abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings decreased by -4.9% to 29K units in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 3,983%. Over the period under review, the exports of hit record highs at 30K units in 2021, and then dropped in the following year.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings reduced to $70M in 2022. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 4,186% against the previous year. The exports peaked at $81M in 2021, and then declined in the following year.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | 7.0 | 25.0 | 22.4 | 78.9% |
| Japan | 0.1 | 7.0 | 8.8 | 7.7 | 325.4% |
| Italy | 0.1 | 3.7 | 5.5 | 4.8 | 263.4% |
| United States | 0.1 | 3.1 | 3.8 | 3.5 | 227.1% |
| China | N/A | 3.3 | 5.6 | 3.4 | 1.5% |
| United Arab Emirates | N/A | 1.9 | 2.8 | 3.1 | 27.7% |
| United Kingdom | 0.1 | 0.6 | 2.3 | 2.7 | 200.0% |
| Hong Kong SAR | 0.4 | 2.9 | 3.9 | 2.7 | 89.0% |
| Taiwan (Chinese) | N/A | 1.2 | 1.5 | 1.9 | 25.8% |
| France | N/A | 1.2 | 1.9 | 1.9 | 25.8% |
| South Korea | N/A | 1.7 | 3.6 | 1.9 | 5.7% |
| Spain | N/A | 1.3 | 1.8 | 1.4 | 3.8% |
| Mexico | N/A | 1.0 | 1.6 | 1.3 | 14.0% |
| Others | 0.1 | 9.9 | 13.1 | 11.8 | 390.5% |
| Total | 1.1 | 45.7 | 81.1 | 70.5 | 300.2% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Ireland in 2022:
- Switzerland (9.3K units)
- Japan (3.3K units)
- Italy (2.1K units)
- United Kingdom (1.9K units)
- United States (1.6K units)
- China (1.0K units)
- United Arab Emirates (0.9K units)
- South Korea (0.8K units)
- Mexico (0.7K units)
- France (0.7K units)
- Hong Kong SAR (0.6K units)
- Spain (0.6K units)
- Taiwan (Chinese) (0.5K units)
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