Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Bulgaria - 2023

Contents:

  1. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Bulgaria (CIF) - 2022
  2. Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Bulgaria

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Bulgaria (CIF) - 2022

The average import price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $76 per unit in 2022, rising by 120% against the previous year. Overall, the import price recorded a significant expansion. The growth pace was the most rapid in 2019 when the average import price increased by 1,889%. Over the period under review, average import prices reached the maximum at $140 per unit in 2014; however, from 2015 to 2022, 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 Romania ($312 per unit), while the price for Denmark ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+131.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Bulgaria

In 2022, overseas purchases of watch movements; complete and assembled, not automatic winding or electrically operateds were finally on the rise to reach 74 units after two years of decline. Over the period under review, imports, however, faced a dramatic slump. Over the period under review, imports of reached the maximum at 168 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds skyrocketed to $5.7K in 2022. In general, imports posted resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Bulgaria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
RomaniaN/AN/AN/A3,1160%
GermanyN/A709N/A98718.0%
Switzerland2341,16194972145.5%
PolandN/AN/AN/A4510%
Hong Kong SARN/AN/A26630514.7%
DenmarkN/AN/AN/A80.00%
United KingdomN/A1,505281N/A-81.3%
Netherlands2,912N/AN/AN/A0%
Others1,332N/AN/AN/A0%
Total4,4783,3751,4965,6608.1%

Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Bulgaria in 2022:

  1. Germany (24.0 units)
  2. Switzerland (17.0 units)
  3. Poland (11.0 units)
  4. Romania (10.0 units)
  5. Hong Kong SAR (8.0 units)
  6. Denmark (4.0 units)

Source: IndexBox Market Intelligence Platform

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