Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Finland - 2023
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Finland (FOB) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Finland (CIF) - 2022
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Finland
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Finland
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Finland (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $18 per unit, surging by 4.7% against the previous year. In general, the export price, however, saw a precipitous decrease. The pace of growth appeared the most rapid in 2013 an increase of 980% against the previous year. As a result, the export price reached the peak level of $1,975 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($16 per unit), while the average price for exports to Estonia stood at $13 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.2%), while the prices for the other major destinations experienced a decline.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Finland (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $13 per unit in 2022, growing by 39% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 91% against the previous year. As a result, import price reached the peak level of $71 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($34 per unit), while the price for China ($8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+135.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Finland
For the fourth year in a row, Finland recorded growth in overseas shipments of pocket watches and other watches, including stop-watches; battery or accumulator powereds, which increased by 126% to 216K units in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 6,910% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds soared to $3.9M in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 538%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 0.4 | 0.3 | 1,180 | 2,656 | 1779.6% |
| Sweden | N/A | 137 | 130 | 480 | 87.2% |
| Germany | N/A | 1.2 | 11.7 | 57.1 | 589.8% |
| Others | 64.1 | 117 | 309 | 658 | 117.3% |
| Total | 64.5 | 255 | 1,630 | 3,851 | 290.8% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Finland in 2022:
- Estonia (211.5K units)
- Germany (3.6K units)
- Sweden (0.4K units)
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Finland
In 2022, approx. 35K units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were imported into Finland; dropping by -19.8% compared with the previous year. Over the period under review, imports, however, showed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 581% against the previous year. As a result, imports attained the peak of 44K units, and then reduced markedly in the following year.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds expanded markedly to $445K in 2022. In general, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 286%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 230 | 14.7 | 175 | 108 | -22.3% |
| Hong Kong SAR | 0.1 | 0.2 | N/A | 104 | 913.2% |
| Latvia | N/A | 36.7 | 43.2 | 99.0 | 64.2% |
| Sweden | 28.0 | 24.5 | 109 | 69.6 | 35.5% |
| United Kingdom | 5.7 | 1.8 | 0.4 | 21.2 | 54.9% |
| Germany | 0.3 | 8.9 | 53.9 | 5.7 | 166.8% |
| Others | 22.2 | 16.4 | 17.4 | 37.6 | 19.2% |
| Total | 287 | 103 | 399 | 445 | 15.7% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Finland in 2022:
- China (13.4K units)
- Sweden (8.1K units)
- Hong Kong SAR (6.7K units)
- Latvia (5.0K units)
- United Kingdom (0.6K units)
- Germany (0.4K units)
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