Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Serbia - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Serbia (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Serbia (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Serbia
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Serbia
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Serbia (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $27 per unit in 2022, rising by 66% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 China ($26 per unit), while the price for Spain amounted to $14 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Serbia (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $4.4 per unit, reducing by -45.8% against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 an increase of 126% against the previous year. The export price peaked at $38 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($27 per unit), while the average price for exports to Slovenia ($3.9 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 Montenegro (-3.6%), while the prices for the other major destinations experienced a decline.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Serbia
Imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds into Serbia shrank markedly to 2K units in 2022, waning by -74.1% on 2021 figures. In general, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 277%. As a result, imports attained the peak of 7.8K units, and then declined dramatically in the following year.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds fell notably to $55K in 2022. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 274% against the previous year. As a result, imports reached the peak of $127K, and then reduced rapidly in the following year.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.4 | 8.7 | 33.6 | 50.2 | 27.2% |
| Bulgaria | 10.2 | 4.4 | 6.0 | N/A | -23.3% |
| Thailand | 11.7 | 7.8 | 8.7 | N/A | -13.8% |
| Others | 31.8 | 13.1 | 78.9 | 4.5 | -47.9% |
| Total | 78.1 | 34.0 | 127 | 54.8 | -11.1% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Serbia in 2022:
- China (2.0K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Serbia
Exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds from Serbia soared to 1K units in 2022, with an increase of 1,346% compared with the previous year. In general, exports continue to indicate a significant expansion. The exports peaked at 1.6K units in 2020; however, from 2021 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 surged to $4.5K in 2022. Overall, exports, however, saw a sharp descent. The exports peaked at $20K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | N/A | N/A | N/A | 2.0 | 0% |
| North Macedonia | 0.1 | 0.2 | 0.4 | 2.0 | 171.4% |
| Turkey | 15.0 | 16.9 | N/A | N/A | 12.7% |
| Others | 2.0 | 3.1 | 0.2 | 0.5 | -37.0% |
| Total | 17.1 | 20.3 | 0.6 | 4.5 | -35.9% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Serbia in 2022:
- North Macedonia (509.0 units)
- Slovenia (500.0 units)
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