Poland - Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Poland - Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights

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Precious Metal Watch Price in Poland - 2023

Contents:

  1. Precious Metal Watch Price in Poland (CIF) - 2022
  2. Precious Metal Watch Price in Poland (FOB) - 2022
  3. Precious Metal Watch Imports in Poland
  4. Precious Metal Watch Exports in Poland

Precious Metal Watch Price in Poland (CIF) - 2022

The average precious metal watch import price stood at $127 per unit in 2022, which is down by -4.1% against the previous year. Over the period under review, the import price, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 75%. Over the period under review, average import prices hit record highs at $133 per unit in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($3,938 per unit), while the price for the Philippines ($55 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Precious Metal Watch Price in Poland (FOB) - 2022

In 2022, the average precious metal watch export price amounted to $90 per unit, growing by 53% against the previous year. In general, the export price, however, recorded a abrupt downturn. Over the period under review, the average export prices hit record highs at $232 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($681 per unit), while the average price for exports to Germany ($24 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 the UK (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.

Precious Metal Watch Imports in Poland

In 2022, after two years of decline, there was significant growth in supplies from abroad of precious metal watches, when their volume increased by 22% to 319K units. In general, imports, however, showed a relatively flat trend pattern. Over the period under review, imports reached the peak figure at 325K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, precious metal watch imports soared to $41M in 2022. The total import value increased at an average annual rate of +10.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Import of Precious Metal Watch in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.19.711.116.317.3%
Czech Republic2.82.52.43.57.7%
Italy0.30.21.32.7108.0%
Germany5.25.96.52.5-21.7%
Netherlands0.20.30.70.751.8%
France1.51.30.90.2-48.9%
Others9.99.811.914.513.6%
Total29.929.634.740.510.6%

Top Suppliers of Precious Metal Watch to Poland in 2022:

  1. China (191.6K units)
  2. Germany (44.2K units)
  3. Czech Republic (36.1K units)
  4. Italy (21.7K units)
  5. Netherlands (8.0K units)
  6. France (3.0K units)

Precious Metal Watch Exports in Poland

In 2022, approx. 62K units of precious metal watches were exported from Poland; falling by -48.6% against the previous year. Over the period under review, exports faced a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. Over the period under review, the exports attained the peak figure at 138K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, precious metal watch exports declined dramatically to $5.6M in 2022. In general, exports faced a precipitous shrinkage. The smallest decline of -10.3% was in 2021. The exports peaked at $12M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Precious Metal Watch in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland6378779991,39729.9%
Germany4,8161,7941,813832-44.3%
United Arab Emirates23.717.815.9399156.3%
France214196129192-3.6%
Hungary19.55.218.3163102.9%
Netherlands181149306152-5.7%
Czech Republic180169844113-14.4%
Austria37826426268.3-43.5%
Greece1,1341,75924067.3-61.0%
Portugal0.511.428.664.9406.3%
Slovakia13840.859.141.1-33.2%
Latvia2,1695.010.112.5-82.1%
Russia1273762962.5-73.0%
Others2,1882,2472,0782,092-1.5%
Total12,2067,9127,0985,596-22.9%

Top Export Markets for Precious Metal Watch from Poland in 2022:

  1. Germany (34.0K units)
  2. Netherlands (4.2K units)
  3. Austria (2.6K units)
  4. Greece (2.4K units)
  5. United Arab Emirates (2.3K units)
  6. Hungary (2.1K units)
  7. Switzerland (2.1K units)
  8. Czech Republic (1.7K units)
  9. France (1.6K units)
  10. Portugal (1.2K units)
  11. Slovakia (1.2K units)
  12. Latvia (0.2K units)
  13. Russia (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the precious metal watch market in Poland. 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

Country coverage:

  • Poland

Data coverage:

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