Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Israel - 2023
Contents:
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Israel (FOB) - 2022
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Israel (CIF) - 2022
- Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Israel
- Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Israel
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Israel (FOB) - 2022
The average export price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $258 per unit in 2022, declining by -34.7% against the previous year. Overall, the export price, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2015 an increase of 122%. Over the period under review, the average export prices attained the maximum at $440 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($531 per unit), while the average price for exports to Switzerland amounted to $115 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+63.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Israel (CIF) - 2022
The average import price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $360 per unit in 2022, rising by 1,129% against the previous year. Over the period under review, the import price enjoyed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($400 per unit), while the price for Germany ($208 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+200.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Israel
In 2022, shipments abroad of watch movements; complete and assembled, not automatic winding or electrically operateds was finally on the rise to reach 492 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp decline. Over the period under review, the exports of hit record highs at 4.8K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds skyrocketed to $127K in 2022. In general, exports, however, showed a sharp contraction. The exports peaked at $1.9M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.6 | 2.6 | 2.2 | 69.0 | 131.0% |
| Switzerland | 32.2 | 3.4 | 2.5 | 41.0 | 8.4% |
| South Korea | 507 | 41.0 | 20.3 | N/A | -80.0% |
| China | 83.9 | N/A | N/A | N/A | 0% |
| Austria | 77.2 | 65.7 | 7.1 | N/A | -69.7% |
| United States | 127 | 57.5 | 1.1 | N/A | -90.7% |
| India | 200 | 17.9 | 7.2 | N/A | -81.0% |
| Indonesia | 638 | N/A | N/A | N/A | 0% |
| Others | 229 | 54.9 | 8.6 | 17.0 | -58.0% |
| Total | 1,900 | 243 | 49.0 | 127 | -59.4% |
Top Export Markets for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated from Israel in 2022:
- Switzerland (357.0 units)
- Germany (130.0 units)
Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Israel
In 2022, imports of watch movements; complete and assembled, not automatic winding or electrically operateds into Israel fell sharply to 275 units, waning by -85.4% compared with the previous year's figure. In general, imports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 485%. Over the period under review, imports of attained the maximum at 4.1K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds skyrocketed to $99K in 2022. Overall, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 90%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 21.1 | 4.4 | 10.1 | 35.0 | 18.4% |
| China | 10.3 | 1.3 | 2.8 | 31.0 | 44.4% |
| Japan | 1.0 | 2.0 | 2.4 | 14.0 | 141.0% |
| Germany | 0.1 | 1.3 | 3.0 | 11.0 | 379.1% |
| Hong Kong SAR | 3.4 | 8.2 | 9.6 | 4.0 | 5.6% |
| Netherlands | 0.5 | 1.3 | 0.5 | 3.0 | 81.7% |
| Thailand | 0.5 | 0.6 | 0.5 | N/A | 0.0% |
| United States | 32.4 | 0.6 | 14.5 | N/A | -33.1% |
| Turkey | 1.0 | 0.7 | 0.3 | N/A | -45.2% |
| Others | 6.8 | 8.5 | 11.4 | 1.0 | -47.2% |
| Total | 77.0 | 29.0 | 55.0 | 99.0 | 8.7% |
Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Israel in 2022:
- Switzerland (88.0 units)
- China (78.0 units)
- Germany (53.0 units)
- Japan (35.0 units)
- Hong Kong SAR (10.0 units)
- Netherlands (8.0 units)
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This report provides an in-depth analysis of the assembled watch movements market in Israel.
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Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
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This report provides an in-depth analysis of the assembled watch movements market in Israel.
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Global Assembled Watch Movements Market Report 2018. This report provides an in-depth analysis of the global assembled watch movements market.
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