Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Netherlands - 2023

Contents:

1. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Netherlands (FOB) - 2022
2. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Netherlands (CIF) - 2022
3. Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Netherlands
4. Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Netherlands

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Netherlands (FOB) - 2022

In 2022, the average export price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $243 per unit, dropping by -33.8% against the previous year. Overall, the export price, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2014 an increase of 144% against the previous year. As a result, the export price reached the peak level of $464 per unit. From 2015 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 the United States ($823 per unit), while the average price for exports to Serbia ($80 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 Sweden (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Netherlands (CIF) - 2022

The average import price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $131 per unit in 2022, declining by -47.4% against the previous year. In general, the import price, however, saw strong growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 608% against the previous year. The import price peaked at $346 per unit in 2016; however, from 2017 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 Italy ($284 per unit), while the price for Malaysia ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Netherlands

For the fourth year in a row, the Netherlands recorded growth in shipments abroad of watch movements; complete and assembled, not automatic winding or electrically operateds, which increased by 55% to 21K units in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds totaled $5.1M in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 71%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated from the Netherlands in 2022:

1. Serbia (7.4K units)
2. United Kingdom (6.1K units)
3. Switzerland (2.9K units)
4. France (1.0K units)
5. Germany (0.7K units)
6. United States (0.6K units)
7. Italy (0.5K units)
8. Hong Kong SAR (0.2K units)

Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in the Netherlands

In 2022, the amount of watch movements; complete and assembled, not automatic winding or electrically operateds imported into the Netherlands soared to 15K units, increasing by 71% compared with the year before. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds shrank to $2M in 2022. In general, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 140% against the previous year. As a result, imports reached the peak of $2.2M, and then fell in the following year.

Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to the Netherlands in 2022:

1. France (5.3K units)
2. Belgium (3.2K units)
3. China (2.3K units)
4. Switzerland (1.2K units)
5. Malaysia (1.0K units)
6. Germany (0.9K units)
7. Italy (0.6K units)

Source: IndexBox Market Intelligence Platform