Price for Watch Cases and Parts Thereof in Hungary - 2023
Contents:
- Price for Watch Cases and Parts Thereof in Hungary (CIF) - 2022
- Price for Watch Cases and Parts Thereof in Hungary (FOB) - 2022
- Imports of Watch Cases and Parts Thereof in Hungary
- Exports of Watch Cases and Parts Thereof in Hungary
Price for Watch Cases and Parts Thereof in Hungary (CIF) - 2022
The average import price for watch cases and parts thereoves stood at $239 per unit in 2022, waning by -38% against the previous year. Over the period under review, the import price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 363% against the previous year. Over the period under review, average import prices attained the maximum at $385 per unit in 2021, and then dropped rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1,429 per unit), while the price for the Czech Republic ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Cases and Parts Thereof in Hungary (FOB) - 2022
In 2022, the average export price for watch cases and parts thereoves amounted to $67 per unit, falling by -83.3% against the previous year. Over the period under review, the export price, however, posted significant growth. The pace of growth was the most pronounced in 2016 an increase of 26,894% against the previous year. The export price peaked at $1,537 per unit in 2017; however, from 2018 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 France ($384 per unit), while the average price for exports to Turkey ($4.6 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 Bosnia and Herzegovina (+326.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Watch Cases and Parts Thereof in Hungary
Watch cases and parts thereof imports into Hungary reduced markedly to 1.4K units in 2022, waning by -27.9% compared with 2021 figures. Over the period under review, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 70% against the previous year. Over the period under review, imports attained the maximum at 2.2K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, watch cases and parts thereof imports dropped dramatically to $340K in 2022. In general, imports saw a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 148% against the previous year. Imports peaked at $777K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Watch Cases and Parts Thereof in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 746 | 286 | 731 | 309 | -25.5% |
| Switzerland | 22.7 | 13.3 | 16.1 | 17.4 | -8.5% |
| Hong Kong SAR | 2.0 | 1.0 | 0.4 | 9.0 | 65.1% |
| Serbia | N/A | N/A | N/A | 2.0 | 0% |
| China | 1.8 | 3.4 | 9.4 | 1.4 | -8.0% |
| Czech Republic | 1.6 | 1.1 | 0.6 | 0.8 | -20.6% |
| United Kingdom | N/A | N/A | 2.4 | 0.2 | -91.7% |
| Germany | 1.7 | 0.5 | 0.1 | N/A | -75.7% |
| Sweden | N/A | 0.2 | 0.3 | N/A | 50.0% |
| Others | 1.3 | 1.5 | 0.6 | 0.5 | -27.3% |
| Total | 777 | 307 | 761 | 340 | -24.1% |
Top Suppliers of Watch Cases and Parts Thereof to Hungary in 2022:
- Hong Kong SAR (437.0 units)
- Serbia (226.0 units)
- France (216.0 units)
- Czech Republic (207.0 units)
- Switzerland (139.0 units)
- China (137.0 units)
- Sweden (10.0 units)
- United Kingdom (9.0 units)
- Germany (8.0 units)
Exports of Watch Cases and Parts Thereof in Hungary
In 2022, exports of watch cases and parts thereoves from Hungary soared to 338 units, increasing by 3,656% on the previous year's figure. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 27,200%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, watch cases and parts thereof exports skyrocketed to $23K in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 60,671% against the previous year. As a result, the exports reached the peak of $55K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Watch Cases and Parts Thereof in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | N/A | N/A | N/A | 20.3 | 0% |
| France | 0.1 | 11.3 | 3.6 | 2.2 | 180.2% |
| Italy | N/A | 43.0 | N/A | N/A | 0% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 0.4 | N/A | N/A | 0% |
| Total | 0.1 | 54.7 | 3.6 | 22.5 | 508.2% |
Top Export Markets for Watch Cases and Parts Thereof from Hungary in 2022:
- Serbia (323.0 units)
- Turkey (9.0 units)
- France (6.0 units)
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