Price for Watch Movements; Complete and Assembled in Poland - 2023

Contents:

  1. Price for Watch Movements; Complete and Assembled in Poland (CIF) - 2022
  2. Price for Watch Movements; Complete and Assembled in Poland (FOB) - 2022
  3. Imports of Watch Movements; Complete and Assembled in Poland
  4. Exports of Watch Movements; Complete and Assembled in Poland

Price for Watch Movements; Complete and Assembled in Poland (CIF) - 2022

In 2022, the average import price for watch movements; complete and assembleds amounted to $5.3 per unit, growing by 3.6% against the previous year. In general, the import price continues to indicate strong growth. The pace of growth was the most pronounced in 2015 an increase of 86% against the previous year. The import price peaked at $5.8 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($31 per unit), while the price for China ($2.4 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 (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Watch Movements; Complete and Assembled in Poland (FOB) - 2022

In 2022, the average export price for watch movements; complete and assembleds amounted to $8.9 per unit, reducing by -56.4% against the previous year. Overall, the export price recorded a deep setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 220% against the previous year. Over the period under review, the average export prices attained the peak figure at $41 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($70 per unit), while the average price for exports to Australia ($3.5 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 Hong Kong SAR (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Watch Movements; Complete and Assembled in Poland

In 2022, the amount of watch movements; complete and assembleds imported into Poland expanded rapidly to 75K units, growing by 5.4% against 2021. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 22%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, watch movements; complete and assembled imports rose remarkably to $397K in 2022. The total import value increased at an average annual rate of +11.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 41%. As a result, imports attained the peak of $407K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Watch Movements; Complete and Assembled in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China84.785.910214218.8%
Switzerland143148104110-8.4%
Netherlands4.2116123106193.3%
Japan15.94.67.016.81.9%
Hong Kong SAR3.611.25.98.834.7%
Others36.941.022.213.2-29.0%
Total28840736439711.3%

Top Suppliers of Watch Movements; Complete and Assembled to Poland in 2022:

  1. China (59.4K units)
  2. Switzerland (5.9K units)
  3. Japan (3.7K units)
  4. Netherlands (3.4K units)
  5. Hong Kong SAR (1.8K units)

Exports of Watch Movements; Complete and Assembled in Poland

In 2022, shipments abroad of watch movements; complete and assembleds decreased by -4.5% to 4.5K units, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 473% against the previous year. As a result, the exports reached the peak of 6.4K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, watch movements; complete and assembled exports dropped remarkably to $40K in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 255% against the previous year. The exports peaked at $97K in 2021, and then fell markedly in the following year.

Export of Watch Movements; Complete and Assembled in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland6.930.161.519.942.3%
Netherlands0.1N/A2.315.4436.0%
United Kingdom2.51.91.13.17.4%
Italy2.65.91.90.3-51.3%
Germany4.37.26.90.3-58.8%
Austria2.218.714.9N/A160.2%
BelarusN/A1.70.2N/A-88.2%
UkraineN/A1.3N/AN/A0%
Others1.44.48.11.2-5.0%
Total20.071.296.940.326.3%

Top Export Markets for Watch Movements; Complete and Assembled from Poland in 2022:

  1. Netherlands (3888.0 units)
  2. Switzerland (283.0 units)
  3. United Kingdom (230.0 units)
  4. Italy (38.0 units)
  5. Germany (22.0 units)
  6. Austria (2.0 units)

Source: IndexBox Market Intelligence Platform

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