Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Denmark - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Denmark (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Denmark (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Denmark
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Denmark
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Denmark (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $43 per unit in 2022, picking up by 523% against the previous year. Overall, the import price recorded a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($183 per unit), while the price for Hong Kong SAR ($5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), 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 Denmark (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $14 per unit, growing by 34% against the previous year. Over the period under review, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 63%. Over the period under review, the average export prices hit record highs at $32 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($98 per unit), while the average price for exports to Austria ($4.1 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 the Netherlands (+27.1%), 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 Denmark
In 2022, supplies from abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds decreased by -84.5% to 5.7K units, falling for the second year in a row after two years of growth. Overall, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 47%. As a result, imports attained the peak of 66K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds contracted modestly to $248K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -34.3% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 79%. As a result, imports attained the peak of $377K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 18.8 | 1.8 | 3.1 | 160 | 104.2% |
| Germany | 39.2 | 34.4 | 21.0 | 25.3 | -13.6% |
| Italy | N/A | N/A | N/A | 16.3 | 0% |
| Netherlands | 2.0 | 0.1 | 0.1 | 13.4 | 88.5% |
| China | 111 | 257 | 170 | 13.3 | -50.7% |
| Belgium | 4.6 | 3.6 | 2.0 | 3.2 | -11.4% |
| Sweden | 4.5 | 10.2 | 4.8 | 2.7 | -15.7% |
| Hong Kong SAR | 17.5 | 52.8 | 40.8 | N/A | 52.7% |
| United Arab Emirates | N/A | N/A | 7.5 | N/A | 0% |
| Others | 12.3 | 16.9 | 7.5 | 13.0 | 1.9% |
| Total | 210 | 377 | 257 | 248 | 5.7% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Denmark in 2022:
- China (2085.0 units)
- Germany (1180.0 units)
- Switzerland (877.0 units)
- Italy (576.0 units)
- Belgium (300.0 units)
- Sweden (297.0 units)
- Netherlands (211.0 units)
- Hong Kong SAR (2.0 units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Denmark
Exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds from Denmark soared to 6.5K units in 2022, jumping by 34% against the previous year. Overall, exports, however, recorded a precipitous shrinkage. The exports peaked at 119K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds skyrocketed to $92K in 2022. In general, exports, however, recorded a sharp contraction. The exports peaked at $1.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,118 | 4.7 | 2.8 | 20.2 | -73.8% |
| Germany | 3.1 | 21.2 | N/A | 16.3 | 73.9% |
| United States | 7.4 | N/A | N/A | 12.6 | 19.4% |
| Netherlands | N/A | 0.2 | 2.2 | 11.6 | 661.6% |
| Faroe Islands | 2.2 | 2.4 | 3.4 | 5.1 | 32.3% |
| Finland | 3.1 | 0.1 | 0.2 | 4.9 | 16.5% |
| Belgium | N/A | N/A | 0.6 | 4.2 | 600.0% |
| Norway | 16.4 | 10.7 | 21.5 | 4.2 | -36.5% |
| Switzerland | N/A | N/A | 2.0 | 4.0 | 100.0% |
| Poland | 0.2 | N/A | N/A | 3.5 | 159.6% |
| Austria | N/A | N/A | N/A | 2.2 | 0% |
| Hungary | N/A | N/A | N/A | 1.1 | 0% |
| Latvia | N/A | N/A | N/A | 0.5 | 0% |
| Others | 0.7 | 7.0 | 18.4 | 1.6 | 31.7% |
| Total | 1,152 | 46.1 | 51.2 | 92.0 | -56.9% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Denmark in 2022:
- Sweden (2030.0 units)
- Netherlands (855.0 units)
- Germany (847.0 units)
- Austria (537.0 units)
- Finland (519.0 units)
- Poland (393.0 units)
- Hungary (253.0 units)
- Belgium (250.0 units)
- United States (128.0 units)
- Switzerland (127.0 units)
- Faroe Islands (118.0 units)
- Latvia (118.0 units)
- Norway (114.0 units)
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