Eastern Europe: Bracelet Market 2025

Bracelet Market Size in Eastern Europe

The East European bracelet market expanded markedly to $X in 2022, growing by 6.4% against the previous year. The total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +17.4% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Bracelet Production in Eastern Europe

In value terms, bracelet production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 25%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Bracelet Exports

Exports in Eastern Europe

Bracelet exports surged to X units in 2022, rising by 260% compared with 2021 figures. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, bracelet exports soared to $X in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic dominates exports structure, reaching X units, which was approx. 69% of total exports in 2022. Romania (X units) ranks second in terms of the total exports with an 8% share, followed by Poland (7.5%), Belarus (4.8%) and Slovakia (4.7%). The following exporters - Hungary (X units) and Latvia (X units) - together made up 5.1% of total exports.

From 2012 to 2022, average annual rates of growth with regard to bracelet exports from the Czech Republic stood at +56.3%. At the same time, Romania (+160.7%), Latvia (+106.7%), Slovakia (+67.9%), Poland (+43.9%), Belarus (+27.3%) and Hungary (+9.4%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +160.7% from 2012-2022. The Czech Republic (+39 p.p.), Romania (+8 p.p.), Slovakia (+3.7 p.p.) and Latvia (+2.3 p.p.) significantly strengthened its position in terms of the total exports, while Belarus and Hungary saw its share reduced by -11.2% and -38.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) emerged as the largest bracelet supplier in Eastern Europe, comprising 60% of total exports. The second position in the ranking was held by Hungary ($X), with a 15% share of total exports. It was followed by Poland, with a 9% share.

In the Czech Republic, bracelet exports expanded at an average annual rate of +56.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hungary (+4.1% per year) and Poland (+42.0% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, with a decrease of -29.6% against the previous year. Overall, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2015 an increase of 21%. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+1.8%), while the other leaders experienced a decline in the export price figures.

Bracelet Imports

Imports in Eastern Europe

In 2022, approx. X units of watch straps, bands and bracelets were imported in Eastern Europe; surging by 109% against 2021 figures. Over the period under review, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, bracelet imports surged to $X in 2022. Overall, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Czech Republic was the major importer of watch straps, bands and bracelets in Eastern Europe, with the volume of imports reaching X units, which was approx. 54% of total imports in 2022. Poland (X units) ranks second in terms of the total imports with an 18% share, followed by Russia (11%) and Hungary (5.4%). Ukraine (X units), Romania (X units) and Slovakia (X units) took a relatively small share of total imports.

The Czech Republic was also the fastest-growing in terms of the watch straps, bands and bracelets imports, with a CAGR of +29.0% from 2012 to 2022. At the same time, Hungary (+27.9%), Slovakia (+17.8%), Poland (+16.8%), Ukraine (+10.9%), Romania (+4.9%) and Russia (+2.5%) displayed positive paces of growth. While the share of the Czech Republic (+34 p.p.) and Hungary (+3.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Ukraine (-1.8 p.p.), Romania (-5 p.p.) and Russia (-28.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) constitutes the largest market for imported watch straps, bands and bracelets in Eastern Europe, comprising 54% of total imports. The second position in the ranking was held by Poland ($X), with a 15% share of total imports. It was followed by Russia, with a 9.6% share.

In the Czech Republic, bracelet imports expanded at an average annual rate of +33.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (+20.0% per year) and Russia (+0.6% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, falling by -9.2% against the previous year. Import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bracelet import price increased by +8.5% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 22%. Over the period under review, import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+10.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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