Czech Republic - Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrecious Metal Watch Price in the Czech Republic - 2023
Contents:
- Precious Metal Watch Price in the Czech Republic (CIF) - 2022
- Precious Metal Watch Price in the Czech Republic (FOB) - 2022
- Precious Metal Watch Imports in the Czech Republic
- Precious Metal Watch Exports in the Czech Republic
Precious Metal Watch Price in the Czech Republic (CIF) - 2022
The average precious metal watch import price stood at $461 per unit in 2022, approximately equating the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, precious metal watch import price decreased by -29.0% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of 37%. The import price peaked at $649 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Germany ($2,516 per unit), while the price for China ($33 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+37.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Precious Metal Watch Price in the Czech Republic (FOB) - 2022
In 2022, the average precious metal watch export price amounted to $801 per unit, increasing by 12% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 55% against the previous year. As a result, the export price reached the peak level of $1,208 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($2,213 per unit), while the average price for exports to Denmark ($155 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 United Arab Emirates (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.
Precious Metal Watch Imports in the Czech Republic
In 2022, the amount of precious metal watches imported into the Czech Republic dropped to 90K units, shrinking by -5.4% against 2021 figures. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.7% 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 +70.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 80%. As a result, imports attained the peak of 96K units, and then contracted in the following year.
In value terms, precious metal watch imports dropped modestly to $42M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $44M, and then contracted slightly in the following year.
| Import of Precious Metal Watch in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 25.6 | 20.1 | 25.5 | 36.6 | 12.7% |
| Germany | 2.4 | 1.3 | 2.8 | 2.0 | -5.9% |
| Taiwan (Chinese) | N/A | N/A | N/A | 1.0 | 0% |
| China | 0.3 | 0.2 | 0.2 | 0.5 | 18.6% |
| Slovakia | 1.9 | 6.1 | 9.7 | 0.2 | -52.8% |
| Netherlands | 0.2 | 1.3 | 0.1 | N/A | -29.3% |
| Others | 2.5 | 5.4 | 5.6 | 1.4 | -17.6% |
| Total | 32.9 | 34.4 | 43.9 | 41.7 | 8.2% |
Top Suppliers of Precious Metal Watch to the Czech Republic in 2022:
- Netherlands (undefinedK units)
- Switzerland (68.0K units)
- China (14.9K units)
- Taiwan (Chinese) (2.6K units)
- Germany (0.8K units)
- Slovakia (0.5K units)
Precious Metal Watch Exports in the Czech Republic
In 2022, shipments abroad of precious metal watches decreased by -38.4% to 34K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, the exports reached the peak of 55K units, and then reduced rapidly in the following year.
In value terms, precious metal watch exports dropped sharply to $27M in 2022. Over the period under review, exports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year. Over the period under review, the exports reached the peak figure at $40M in 2021, and then reduced markedly in the following year.
| Export of Precious Metal Watch in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 11.7 | 10.6 | 12.5 | 8.1 | -11.5% |
| Germany | 2.6 | 5.2 | 4.3 | 3.4 | 9.4% |
| Austria | 2.1 | 1.5 | 2.4 | 1.8 | -5.0% |
| Hungary | 1.9 | 2.3 | 5.0 | 1.7 | -3.6% |
| United Arab Emirates | N/A | N/A | N/A | 0.6 | 0% |
| Poland | 0.1 | 0.2 | 0.3 | 0.4 | 58.7% |
| Netherlands | 0.5 | 0.7 | 1.3 | 0.3 | -15.7% |
| Denmark | N/A | 0.2 | 0.4 | 0.1 | -29.3% |
| Luxembourg | 0.3 | 0.1 | 0.1 | N/A | -42.3% |
| Others | 9.2 | 13.5 | 13.3 | 10.8 | 5.5% |
| Total | 28.3 | 34.4 | 39.6 | 27.2 | -1.3% |
Top Export Markets for Precious Metal Watch from the Czech Republic in 2022:
- Slovakia (19.0K units)
- Germany (6.0K units)
- United Arab Emirates (3.4K units)
- Hungary (1.0K units)
- Austria (0.8K units)
- Poland (0.7K units)
- Netherlands (0.5K units)
- Denmark (0.5K units)
This report provides an in-depth analysis of the precious metal watch market in the Czech Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521100 - Wrist-watches, pocket-watches, with case of precious metal or of metal clad with precious metal
Country coverage:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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