Netherlands - Watches - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Netherlands - Watches - Market Analysis, Forecast, Size, Trends and Insights

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Watch Price in the Netherlands - 2023

Contents:

  1. Watch Price in the Netherlands (CIF) - 2023
  2. Watch Price in the Netherlands (FOB) - 2022
  3. Watch Imports in the Netherlands
  4. Watch Exports in the Netherlands

Watch Price in the Netherlands (CIF) - 2023

In June 2023, the average watch import price amounted to $16.1 per unit, shrinking by -12.4% against the previous month. Over the period under review, the import price showed a slight decrease. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 189% m-o-m. The import price peaked at $23.4 per unit in February 2023; however, from March 2023 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Switzerland ($58.8 per unit), while the price for China ($5.4 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Watch Price in the Netherlands (FOB) - 2022

The average watch export price stood at $73 per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 24%. As a result, the export price attained the peak level of $74 per unit, leveling off in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($256 per unit), while the average price for exports to France ($50 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 Poland (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Watch Imports in the Netherlands

Watch imports into the Netherlands reached 15M units in 2022, growing by 14% on 2021 figures. The total import volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, watch imports soared to $903M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 46%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Watch in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1911462022275.9%
Ireland3.71.356.7165254.6%
China22.091.514415692.1%
France51.847.464.397.623.5%
Germany84.873.789.995.74.1%
Belgium19.113.811.634.621.9%
Philippines3.76.425.721.880.6%
Hong Kong SAR87.318.05.96.1-58.8%
Others93.489.811398.41.8%
Total55748871290317.5%

Top Suppliers of Watch to the Netherlands in 2022:

  1. China (7.7M units)
  2. Ireland (3.0M units)
  3. Germany (1.1M units)
  4. Philippines (0.5M units)
  5. Switzerland (0.5M units)
  6. France (0.4M units)
  7. Belgium (0.3M units)
  8. Hong Kong SAR (0.3M units)

Watch Exports in the Netherlands

Watch exports from the Netherlands skyrocketed to 8.6M units in 2022, jumping by 23% compared with the year before. The total export volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, watch exports surged to $629M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +99.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 31% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Watch in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany72.196.012116331.2%
France42.846.070.910133.1%
Switzerland23.797.395.270.944.1%
United Kingdom50.341.544.351.81.0%
Italy10.316.824.439.957.1%
Spain6.06.015.628.167.3%
Belgium21.823.423.726.87.1%
Hong Kong SAR22.618.517.824.12.2%
Poland7.514.323.423.345.9%
United States11.28.19.717.916.9%
Austria3.63.16.49.940.1%
Others43.342.861.772.518.7%
Total31541451462925.9%

Top Export Markets for Watch from the Netherlands in 2022:

  1. Germany (2736.2K units)
  2. France (2012.1K units)
  3. United Kingdom (568.5K units)
  4. Italy (516.9K units)
  5. Belgium (446.9K units)
  6. Spain (420.7K units)
  7. Poland (378.4K units)
  8. Austria (140.6K units)
  9. United States (139.4K units)
  10. Switzerland (119.6K units)
  11. Hong Kong SAR (94.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the watch market in the Netherlands. 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:

  • Netherlands

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Netherlands
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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