Price for Watches; Incomplete Movements, Assembled in Sweden - 2023

Contents:

1. Price for Watches; Incomplete Movements, Assembled in Sweden (CIF) - 2022
2. Price for Watches; Incomplete Movements, Assembled in Sweden (FOB) - 2022
3. Imports of Watches; Incomplete Movements, Assembled in Sweden
4. Exports of Watches; Incomplete Movements, Assembled in Sweden

Price for Watches; Incomplete Movements, Assembled in Sweden (CIF) - 2022

The average watches; incomplete movements, assembled import price stood at $315 per unit in 2022, reducing by -24.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 353%. As a result, import price reached the peak level of $1,034 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +4.0% per year.

Price for Watches; Incomplete Movements, Assembled in Sweden (FOB) - 2022

In 2021, the average watches; incomplete movements, assembled export price amounted to $45 per unit, surging by 38% against the previous year. Overall, the export price, however, saw a noticeable downturn. Over the period under review, the average export prices reached the peak figure at $116 per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($151 per unit), while the average price for exports to Switzerland totaled $33 per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+9.9%).

Imports of Watches; Incomplete Movements, Assembled in Sweden

In 2022, approx. 3 units of watches; incomplete movements, assembleds were imported into Sweden; falling by -62.5% against 2021 figures. In general, imports recorded a sharp slump. Over the period under review, imports hit record highs at 8 units in 2021, and then fell significantly in the following year.

In value terms, watches; incomplete movements, assembled imports dropped rapidly to $791 in 2022. Overall, imports faced a precipitous decline. Over the period under review, imports attained the maximum at $3.3K in 2021, and then reduced sharply in the following year.

Top Suppliers of Watches; Incomplete Movements, Assembled to Sweden in 2022:

1. Canada (3.0 units)

Exports of Watches; Incomplete Movements, Assembled in Sweden

Watches; incomplete movements, assembled exports from Sweden dropped sharply to 7 units in 2021, declining by -46.2% on the previous year's figure. In general, exports continue to indicate a significant curtailment. Over the period under review, the exports attained the peak figure at 13 units in 2020, and then fell remarkably in the following year.

In value terms, watches; incomplete movements, assembled exports contracted markedly to $302 in 2021. Over the period under review, exports faced a deep downturn. The smallest decline of -0.5% was in 2020. The exports peaked at $422 in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Top Export Markets for Watches; Incomplete Movements, Assembled from Sweden in 2022:

1. Switzerland (6.0 units)
2. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform