Price for Watches; Incomplete Movements, Assembled in the Netherlands - 2023

Contents:

1. Price for Watches; Incomplete Movements, Assembled in the Netherlands (CIF) - 2022
2. Price for Watches; Incomplete Movements, Assembled in the Netherlands (FOB) - 2022
3. Imports of Watches; Incomplete Movements, Assembled in the Netherlands
4. Exports of Watches; Incomplete Movements, Assembled in the Netherlands

Price for Watches; Incomplete Movements, Assembled in the Netherlands (CIF) - 2022

In 2022, the average watches; incomplete movements, assembled import price amounted to $198 per unit, waning by -5.9% against the previous year. Over the period under review, the import price recorded a slight reduction. The pace of growth appeared the most rapid in 2015 an increase of 109%. Over the period under review, average import prices attained the maximum at $584 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($206 per unit), while the price for Hong Kong SAR stood at $146 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Watches; Incomplete Movements, Assembled in the Netherlands (FOB) - 2022

The average watches; incomplete movements, assembled export price stood at $206 per unit in 2022, growing by 24% against the previous year. Overall, the export price, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2019 an increase of 50%. As a result, the export price attained the peak level of $718 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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 Saudi Arabia ($3,589 per unit), while the average price for exports to Canada ($26 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (-12.4%).

Imports of Watches; Incomplete Movements, Assembled in the Netherlands

In 2022, after three years of growth, there was significant decline in purchases abroad of watches; incomplete movements, assembleds, when their volume decreased by -82.1% to 47 units. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 1,050%. Imports peaked at 262 units in 2021, and then contracted rapidly in the following year.

In value terms, watches; incomplete movements, assembled imports reduced notably to $9.3K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 1,584% against the previous year. Imports peaked at $55K in 2021, and then shrank notably in the following year.

Top Suppliers of Watches; Incomplete Movements, Assembled to the Netherlands in 2022:

1. Switzerland (39.0 units)
2. Hong Kong SAR (7.0 units)

Exports of Watches; Incomplete Movements, Assembled in the Netherlands

After two years of decline, overseas shipments of watches; incomplete movements, assembleds decreased by -83.3% to 14 units in 2022. In general, exports, however, continue to indicate a prominent increase. Over the period under review, the exports reached the maximum at 84 units in 2021, and then dropped significantly in the following year.

In value terms, watches; incomplete movements, assembled exports fell significantly to $2.9K in 2022. Overall, exports faced a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 99,886% against the previous year. As a result, the exports attained the peak of $14K, and then fell rapidly in the following year.

Top Export Markets for Watches; Incomplete Movements, Assembled from the Netherlands in 2022:

1. Canada (12.0 units)
2. Switzerland (1.0 units)
3. United Kingdom (1.0 units)
4. Saudi Arabia (1.0 units)

Source: IndexBox Market Intelligence Platform