Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Denmark - 2023
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Denmark (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Denmark (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Denmark
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Denmark
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Denmark (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $816 per unit in 2022, rising by 8.6% against the previous year. Over the period under review, the import price saw a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of 56%. As a result, import price reached the peak level of $1,028 per unit. From 2019 to 2022, the average import prices remained 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 Switzerland ($4,160 per unit), while the price for China ($62 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 (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Denmark (FOB) - 2022
The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $241 per unit in 2022, dropping by -24.5% against the previous year. Overall, the export price, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 an increase of 106%. Over the period under review, the average export prices reached the peak figure at $555 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($265 per unit), while the average price for exports to Spain ($44 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 Finland (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Denmark
In 2022, purchases abroad of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings decreased by -13.4% to 53K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 23%. Imports peaked at 61K units in 2021, and then contracted in the following year.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings dropped to $43M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports reached the peak of $46M, and then dropped in the following year.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 24.2 | 23.4 | 29.8 | 29.7 | 7.1% |
| Germany | 5.1 | 7.2 | 7.1 | 5.8 | 4.4% |
| Netherlands | 1.9 | 2.9 | 2.6 | 1.8 | -1.8% |
| France | 1.6 | 1.6 | 0.8 | 1.7 | 2.0% |
| Sweden | N/A | N/A | N/A | 1.1 | 0% |
| China | 0.3 | 0.3 | 0.7 | 1.1 | 54.2% |
| Hong Kong SAR | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Others | 0.8 | 2.1 | 4.7 | 1.6 | 26.0% |
| Total | 34.0 | 37.6 | 45.9 | 43.2 | 8.3% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Denmark in 2022:
- China (17.4K units)
- Sweden (9.3K units)
- Switzerland (7.1K units)
- Germany (6.2K units)
- Hong Kong SAR (3.0K units)
- Netherlands (2.7K units)
- France (2.4K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Denmark
In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings exported from Denmark surged to 6.9K units, increasing by 111% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings skyrocketed to $1.7M in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 77% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 61.9 | 48.8 | 321 | 673 | 121.5% |
| United Kingdom | 82.4 | 51.9 | 34.1 | 241 | 43.0% |
| Germany | 29.9 | 37.5 | 21.5 | 134 | 64.9% |
| Switzerland | 118 | 41.0 | 171 | 112 | -1.7% |
| Sweden | 54.2 | 83.1 | 49.4 | 66.5 | 7.1% |
| United States | 26.1 | 25.2 | 32.1 | 35.9 | 11.2% |
| Spain | N/A | 0.1 | 0.2 | 19.1 | 1282.0% |
| Others | 162 | 658 | 422 | 392 | 34.3% |
| Total | 534 | 946 | 1,051 | 1,673 | 46.3% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Denmark in 2022:
- Norway (3486.0 units)
- United Kingdom (1091.0 units)
- Germany (506.0 units)
- Switzerland (431.0 units)
- Spain (430.0 units)
- Sweden (267.0 units)
- United States (188.0 units)
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