Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Portugal - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Portugal (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Portugal (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Portugal
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Portugal
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Portugal (CIF) - 2022
In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $5.9 per unit, dropping by -36% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 78% against the previous year. As a result, import price reached the peak level of $9.3 per unit, and then contracted dramatically in the following year.
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 the UK ($18 per unit), while the price for China ($2.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Portugal (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $28 per unit, dropping by -42.3% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 52% against the previous year. The export price peaked at $57 per unit in 2014; however, from 2015 to 2022, the export prices stood 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 Switzerland ($162 per unit), while the average price for exports to Sao Tome and Principe ($9.3 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 (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Portugal
In 2022, approx. 44K units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were imported into Portugal; which is down by -11% against the previous year's figure. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 176% against the previous year. As a result, imports attained the peak of 50K units, and then contracted in the following year.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds fell dramatically to $263K in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 391% against the previous year. As a result, imports attained the peak of $462K, and then fell notably in the following year.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 88.1 | 77.4 | 213 | 174 | 25.5% |
| France | 2.1 | 4.6 | 6.2 | 42.2 | 171.9% |
| China | 6.2 | 8.8 | 10.8 | 11.6 | 23.2% |
| Belgium | 1.3 | 1.8 | 1.3 | 2.4 | 22.7% |
| Others | 5.9 | 1.6 | 230 | 32.8 | 77.1% |
| Total | 104 | 94.1 | 462 | 263 | 36.2% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Portugal in 2022:
- Spain (32.6K units)
- France (5.2K units)
- China (4.6K units)
- Belgium (0.7K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Portugal
In 2022, approx. 321 units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were exported from Portugal; declining by -8.3% compared with 2021. In general, exports saw a precipitous contraction. Over the period under review, the exports of hit record highs at 34K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds reduced rapidly to $9.1K in 2022. Overall, exports recorded a dramatic decline. The exports peaked at $1.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 28.1 | 7.3 | 5.1 | 3.2 | -51.5% |
| France | 2.6 | 2.7 | 2.3 | 1.2 | -22.7% |
| United Kingdom | N/A | N/A | 3.5 | 1.0 | -71.4% |
| Cabo Verde | 1.5 | 0.5 | 0.9 | 0.7 | -22.4% |
| Spain | 291 | 0.5 | 0.3 | 0.6 | -87.3% |
| Sao Tome and Principe | 0.4 | 3.7 | 0.4 | 0.5 | 7.7% |
| Estonia | 0.2 | N/A | 0.2 | 0.3 | 14.5% |
| Belgium | N/A | N/A | N/A | 0.3 | 0% |
| Hungary | 0.4 | 0.2 | 0.7 | 0.3 | -9.1% |
| Hong Kong SAR | N/A | 32.4 | N/A | N/A | 0% |
| Japan | 867 | N/A | N/A | N/A | 0% |
| Others | 0.6 | 7.1 | 3.9 | 1.0 | 18.6% |
| Total | 1,192 | 54.5 | 17.2 | 9.1 | -80.3% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Portugal in 2022:
- Angola (75.0 units)
- Sao Tome and Principe (55.0 units)
- United Kingdom (51.0 units)
- Spain (30.0 units)
- Cabo Verde (29.0 units)
- France (25.0 units)
- Estonia (17.0 units)
- Belgium (17.0 units)
- Hungary (17.0 units)
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