Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in the Czech Republic - 2023

Contents:

  1. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in the Czech Republic (CIF) - 2022
  2. Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in the Czech Republic (FOB) - 2022
  3. Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in the Czech Republic
  4. Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in the Czech Republic

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in the Czech Republic (CIF) - 2022

In 2022, the average import price for watches; complete movements, unassembled or partly assembled (movement sets) amounted to $36 per unit, picking up by 328% against the previous year. Over the period under review, the import price saw a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Switzerland ($104 per unit), while the price for China ($2.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in the Czech Republic (FOB) - 2022

The average export price for watches; complete movements, unassembled or partly assembled (movement sets) stood at $42 per unit in 2022, falling by -93.9% against the previous year. Over the period under review, the export price, however, showed significant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 65,067%. As a result, the export price attained the peak level of $690 per unit, and then declined sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($929 per unit), while the average price for exports to Poland ($1 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 Germany (+220.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in the Czech Republic

After three years of growth, supplies from abroad of watches; complete movements, unassembled or partly assembled (movement sets) decreased by -9.1% to 988 units in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 163% against the previous year. Over the period under review, imports of reached the peak figure at 1.1K units in 2021, and then fell in the following year.

In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) surged to $36K in 2022. Over the period under review, imports, however, saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland4.52.65.633.795.6%
China0.31.0N/A1.467.1%
Hong Kong SARN/AN/A3.1N/A0%
OthersN/A0.10.50.7164.6%
Total4.93.79.235.793.9%

Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to the Czech Republic in 2022:

  1. China (641.0 units)
  2. Switzerland (324.0 units)
  3. Hong Kong SAR (6.0 units)

Exports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in the Czech Republic

In 2022, shipments abroad of watches; complete movements, unassembled or partly assembled (movement sets) was finally on the rise to reach 23 units after two years of decline. In general, exports, however, faced a significant decrease. Over the period under review, the exports of attained the maximum at 328 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of watches; complete movements, unassembled or partly assembled (movement sets) shrank dramatically to $961 in 2022. Overall, exports, however, showed a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 10,122% against the previous year. The exports peaked at $24K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland24.2N/A5.50.9-66.6%
SlovakiaN/AN/AN/AN/A0%
GermanyN/AN/AN/AN/A0%
PolandN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total24.20.15.51.0-65.4%

Top Export Markets for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) from the Czech Republic in 2022:

  1. Poland (21.0 units)
  2. Switzerland (1.0 units)
  3. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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