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

Contents:

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

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

The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $323 per unit in 2022, with an increase of 13% against the previous year. Overall, the import price, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2015 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the peak figure at $573 per unit in 2012; however, from 2013 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 Switzerland ($1,094 per unit), while the price for China ($26 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+14.8%), 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 Slovakia (FOB) - 2022

In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $215 per unit, waning by -10.9% against the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 54% against the previous year. The export price peaked at $832 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($735 per unit), while the average price for exports to Germany ($93 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 Poland (+23.1%), 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 Slovakia

In 2022, approx. 24K units of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were imported into Slovakia; with an increase of 6.3% against the previous year. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.7% 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 +54.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 36% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings soared to $7.7M in 2022. The total import value increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland3,7142,7603,0693,403-2.9%
Germany7749561,1641,83133.2%
France81.6135214926124.7%
Czech Republic7.3545405696356.8%
Austria16091035741837.7%
Hungary13759.6241117-5.1%
Italy29.811126510552.2%
Netherlands14.528349349.750.8%
China33.210.858.510.3-32.3%
Others63869.8114140-39.7%
Total5,5885,8396,3817,69511.3%

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

  1. Germany (8.1K units)
  2. Switzerland (3.1K units)
  3. Czech Republic (3.0K units)
  4. France (2.6K units)
  5. Austria (1.6K units)
  6. Italy (1.3K units)
  7. Hungary (1.3K units)
  8. Netherlands (0.5K units)
  9. China (0.4K units)

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

In 2022, approx. 10K units of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were exported from Slovakia; waning by -22.1% on the year before. In general, exports continue to indicate a abrupt curtailment. The smallest decline of -7.7% was in 2020. The exports peaked at 15K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings dropped rapidly to $2.2M in 2022. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 42% against the previous year. As a result, the exports attained the peak of $4.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,1661,5271,148792-12.1%
United Kingdom9621,840717495-19.9%
Czech Republic1752353151933.3%
Austria22089.8246131-15.9%
Poland20.924.316748.232.1%
Others4926025124970.3%
Total3,0374,3193,1052,158-10.8%

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

  1. Germany (8.5K units)
  2. Austria (0.7K units)
  3. Czech Republic (0.3K units)
  4. Poland (0.3K units)
  5. United Kingdom (0.1K units)

Source: IndexBox Market Intelligence Platform

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