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

Contents:

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

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

In 2022, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $867 per unit, shrinking by -4.3% against the previous year. In general, the import price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 107% against the previous year. The import price peaked at $1,001 per unit in 2020; however, from 2021 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 ($1,793 per unit), while the price for China ($39 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+31.4%), 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 Sweden (FOB) - 2022

The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $769 per unit in 2022, rising by 2.1% against the previous year. Overall, the export price saw a strong expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 88% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($3,965 per unit), while the average price for exports to Poland ($129 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 Denmark (+45.4%), 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 Sweden

Imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into Sweden expanded significantly to 26K units in 2022, increasing by 5.5% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 14%. Imports peaked 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 stood at $22M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. China (9.9K units)
2. Switzerland (7.1K units)
3. Germany (2.8K units)
4. France (1.6K units)
5. Netherlands (1.0K units)
6. Hong Kong SAR (0.9K units)
7. Poland (0.5K units)
8. Japan (0.3K units)

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

In 2022, approx. 13K units of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were exported from Sweden; increasing by 10% compared with 2021 figures. In general, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports of hit record highs at 17K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings expanded markedly to $10M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.9% 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 +68.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Norway (7.2K units)
2. Switzerland (1.2K units)
3. United States (0.7K units)
4. Mali (0.7K units)
5. Denmark (0.7K units)
6. United Arab Emirates (0.5K units)
7. Canada (0.3K units)
8. Finland (0.3K units)
9. Hong Kong SAR (0.3K units)
10. Poland (0.2K units)
11. United Kingdom (0.2K units)

Source: IndexBox Market Intelligence Platform