Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Netherlands - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Netherlands (CIF) - 2023
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Netherlands (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Netherlands
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Netherlands
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Netherlands (CIF) - 2023
In October 2023, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $682 per unit, rising by 41% against the previous month. Overall, the import price posted tangible growth. The pace of growth appeared the most rapid in February 2023 an increase of 132% against the previous month. The import price peaked at $766 per unit in May 2023; however, from June 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($5,734 per unit), while the price for China ($90.5 per unit) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Japan (+5.2%), 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 the Netherlands (FOB) - 2022
The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $652 per unit in 2022, shrinking by -14% against the previous year. In general, the export price saw a slight downturn. The pace of growth appeared the most rapid in 2017 an increase of 38% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,103 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,327 per unit), while the average price for exports to Bosnia and Herzegovina ($32 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 Belgium (+6.0%), 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 the Netherlands
In 2022, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into the Netherlands surged to 488K units, growing by 29% compared with the previous year. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year. Imports peaked 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 skyrocketed to $186M in 2022. In general, imports recorded significant growth. As a result, imports reached 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 the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 49.4 | 35.8 | 28.2 | 84.2 | 19.5% |
| France | 4.4 | 4.5 | 10.0 | 36.3 | 102.1% |
| Belgium | 0.5 | 0.6 | 0.7 | 17.5 | 227.1% |
| China | 0.3 | 6.3 | 13.7 | 15.6 | 273.3% |
| Japan | 1.4 | 9.2 | 14.6 | 14.7 | 119.0% |
| Germany | 3.3 | 4.7 | 3.8 | 5.3 | 17.1% |
| Thailand | N/A | N/A | N/A | 3.0 | 0% |
| United States | 4.6 | 2.1 | 2.3 | 0.4 | -55.7% |
| Hong Kong SAR | 3.9 | 6.0 | 0.5 | 0.2 | -62.8% |
| Others | 10.7 | 11.4 | 6.6 | 8.4 | -7.8% |
| Total | 78.5 | 80.5 | 80.5 | 186 | 33.3% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to the Netherlands in 2022:
- China (249.9K units)
- Switzerland (83.3K units)
- Japan (74.2K units)
- Thailand (37.3K units)
- France (13.1K units)
- Belgium (12.8K units)
- Germany (5.5K units)
- United States (3.3K units)
- Hong Kong SAR (2.1K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Netherlands
For the fourth year in a row, the Netherlands recorded growth in shipments abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings, which increased by 41% to 109K units in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 379%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings skyrocketed to $71M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 235%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.6 | 3.5 | 12.7 | 19.7 | 220.2% |
| Germany | 0.9 | 6.9 | 9.3 | 14.9 | 154.9% |
| Switzerland | 1.1 | 15.3 | 14.0 | 10.9 | 114.8% |
| Belgium | 1.8 | 5.3 | 5.6 | 4.4 | 34.7% |
| United Kingdom | 1.3 | 1.3 | 2.4 | 4.0 | 45.4% |
| Italy | 0.6 | 3.5 | 1.5 | 1.9 | 46.8% |
| Japan | 0.1 | 0.2 | 0.6 | 1.1 | 122.4% |
| Spain | 0.1 | 0.2 | 0.4 | 0.9 | 108.0% |
| Luxembourg | 0.2 | 0.6 | 0.7 | 0.7 | 51.8% |
| Greece | N/A | 0.4 | 0.5 | 0.5 | 11.8% |
| Austria | 0.1 | 0.2 | 0.5 | 0.5 | 71.0% |
| Portugal | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Bosnia and Herzegovina | N/A | N/A | N/A | 0.2 | 0% |
| Others | 6.0 | 5.3 | 10.5 | 11.3 | 23.5% |
| Total | 12.8 | 42.8 | 58.7 | 71.1 | 77.1% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from the Netherlands in 2022:
- Switzerland (26.9K units)
- France (14.8K units)
- Germany (14.3K units)
- Belgium (11.9K units)
- Bosnia and Herzegovina (6.2K units)
- United Kingdom (4.2K units)
- Austria (4.0K units)
- Luxembourg (2.8K units)
- Italy (2.5K units)
- Portugal (2.5K units)
- Spain (2.5K units)
- Greece (2.3K units)
- Japan (2.3K units)
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