Price for Watches; Incomplete Movements, Assembled in Belgium - 2023

Contents:

1. Price for Watches; Incomplete Movements, Assembled in Belgium (CIF) - 2022
2. Price for Watches; Incomplete Movements, Assembled in Belgium (FOB) - 2022
3. Imports of Watches; Incomplete Movements, Assembled in Belgium
4. Exports of Watches; Incomplete Movements, Assembled in Belgium

Price for Watches; Incomplete Movements, Assembled in Belgium (CIF) - 2022

The average watches; incomplete movements, assembled import price stood at $100 per unit in 2022, with an increase of 58% against the previous year. Overall, the import price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2015 when the average import price increased by 315%. Over the period under review, average import prices attained the peak figure at $457 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($138 per unit), while the price for China amounted to $91 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.2%).

Price for Watches; Incomplete Movements, Assembled in Belgium (FOB) - 2022

In 2022, the average watches; incomplete movements, assembled export price amounted to $118 per unit, increasing by 36% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 260%. The export price peaked at $442 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($136 per unit), while the average price for exports to Italy ($34 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 Germany (+87.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Watches; Incomplete Movements, Assembled in Belgium

After three years of growth, supplies from abroad of watches; incomplete movements, assembleds decreased by -98.9% to 8 units in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 32,300%. Imports peaked at 740 units in 2021, and then reduced dramatically in the following year.

In value terms, watches; incomplete movements, assembled imports contracted remarkably to $799 in 2022. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 8,526% against the previous year. Imports peaked at $47K in 2021, and then shrank dramatically in the following year.

Top Suppliers of Watches; Incomplete Movements, Assembled to Belgium in 2022:

1. China (6.0 units)
2. Germany (2.0 units)

Exports of Watches; Incomplete Movements, Assembled in Belgium

In 2022, after three years of growth, there was significant decline in shipments abroad of watches; incomplete movements, assembleds, when their volume decreased by -99.2% to 4 units. Overall, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 2,825%. Over the period under review, the exports hit record highs at 519 units in 2021, and then dropped rapidly in the following year.

In value terms, watches; incomplete movements, assembled exports fell rapidly to $485 in 2022. Over the period under review, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 751% against the previous year. The exports peaked at $45K in 2021, and then dropped dramatically in the following year.

Top Export Markets for Watches; Incomplete Movements, Assembled from Belgium in 2022:

1. Germany (2.0 units)
2. Italy (1.0 units)
3. Luxembourg (1.0 units)

Source: IndexBox Market Intelligence Platform