Slovenia - Watches - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWatch Price in Slovenia - 2023
Contents:
- Watch Price in Slovenia (FOB) - 2022
- Watch Price in Slovenia (CIF) - 2022
- Watch Exports in Slovenia
- Watch Imports in Slovenia
Watch Price in Slovenia (FOB) - 2022
In 2022, the average watch export price amounted to $86 per unit, picking up by 2.4% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 216%. As a result, the export price reached the peak level of $203 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($473 per unit), while the average price for exports to Romania ($15 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 Greece (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.
Watch Price in Slovenia (CIF) - 2022
The average watch import price stood at $59 per unit in 2022, jumping by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2015 when the average import price increased by 29%. As a result, import price reached the peak level of $63 per unit. From 2016 to 2022, the average 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 Switzerland ($566 per unit), while the price for China ($8.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Watch Exports in Slovenia
In 2022, overseas shipments of watches decreased by -43.9% to 445K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 340% against the previous year. Over the period under review, the exports attained the maximum at 793K units in 2021, and then reduced markedly in the following year.
In value terms, watch exports shrank markedly to $38M in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 60%. The exports peaked at $67M in 2021, and then reduced markedly in the following year.
| Export of Watch in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 3.3 | 23.1 | 35.7 | 12.2 | 54.6% |
| Hong Kong SAR | 15.4 | 9.1 | 16.7 | 10.6 | -11.7% |
| Italy | 0.6 | 2.1 | 1.9 | 1.6 | 38.7% |
| Romania | 0.1 | 0.7 | 1.0 | 0.9 | 108.0% |
| Germany | 0.3 | 0.9 | 0.8 | 0.6 | 26.0% |
| Hungary | 0.1 | 0.8 | 1.0 | 0.6 | 81.7% |
| Serbia | 0.1 | 0.4 | 0.8 | 0.5 | 71.0% |
| Bosnia and Herzegovina | 0.5 | 0.6 | 0.6 | 0.5 | 0.0% |
| Czech Republic | 0.1 | 0.6 | 0.8 | 0.4 | 58.7% |
| Slovakia | N/A | 0.4 | 0.8 | 0.4 | 0.0% |
| Poland | 0.1 | 0.5 | 0.5 | 0.3 | 44.2% |
| Greece | N/A | 0.3 | 0.5 | 0.3 | 0.0% |
| Bulgaria | N/A | 0.3 | 0.3 | 0.2 | -18.4% |
| Others | 8.1 | 6.2 | 5.1 | 9.3 | 4.7% |
| Total | 28.8 | 46.0 | 66.7 | 38.3 | 10.0% |
Top Export Markets for Watch from Slovenia in 2022:
- Croatia (117.2K units)
- Romania (62.9K units)
- Italy (35.1K units)
- Hungary (27.3K units)
- Serbia (27.1K units)
- Hong Kong SAR (22.5K units)
- Germany (20.4K units)
- Czech Republic (18.6K units)
- Poland (18.4K units)
- Slovakia (12.8K units)
- Bosnia and Herzegovina (12.7K units)
- Greece (12.6K units)
- Bulgaria (10.6K units)
Watch Imports in Slovenia
In 2022, after three years of growth, there was significant decline in purchases abroad of watches, when their volume decreased by -17.8% to 814K units. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 18%. Imports peaked at 990K units in 2021, and then fell notably in the following year.
In value terms, watch imports amounted to $48M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 18%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Watch in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 27.2 | 18.4 | 22.2 | 24.1 | -4.0% |
| Germany | 0.6 | 5.9 | 7.1 | 5.8 | 113.0% |
| China | 10.8 | 6.2 | 6.0 | 4.0 | -28.2% |
| Croatia | 0.3 | 2.2 | 2.9 | 3.1 | 117.8% |
| Hungary | 0.2 | 0.2 | 0.5 | 2.4 | 128.9% |
| Italy | 0.5 | 0.7 | 1.2 | 0.9 | 21.6% |
| Poland | N/A | 0.2 | 0.6 | 0.6 | 73.2% |
| Others | 3.1 | 5.1 | 5.8 | 7.6 | 34.8% |
| Total | 42.5 | 39.1 | 46.2 | 48.4 | 4.4% |
Top Suppliers of Watch to Slovenia in 2022:
- China (460.6K units)
- Germany (150.1K units)
- Switzerland (42.5K units)
- Poland (25.4K units)
- Italy (24.2K units)
- Croatia (14.3K units)
- Hungary (10.2K units)
This report provides an in-depth analysis of the watch market in Slovenia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521100 - Wrist-watches, pocket-watches, with case of precious metal or of metal clad with precious metal
- Prodcom 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches
Country coverage:
- Slovenia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovenia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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