Price for Clock or Watch Parts; Dials in Belgium - 2024
Contents:
- Price for Clock or Watch Parts; Dials in Belgium (CIF) - 2022
- Price for Clock or Watch Parts; Dials in Belgium (FOB) - 2022
- Imports of Clock or Watch Parts; Dials in Belgium
- Exports of Clock or Watch Parts; Dials in Belgium
Price for Clock or Watch Parts; Dials in Belgium (CIF) - 2022
In 2022, the average import price for clock or watch parts; dialses amounted to $34 per unit, increasing by 10% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. The growth pace was the most rapid in 2013 when the average import price increased by 1,564%. Over the period under review, average import prices reached the maximum at $49 per unit in 2019; however, from 2020 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 Switzerland ($146 per unit), while the price for France ($2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+47.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock or Watch Parts; Dials in Belgium (FOB) - 2022
In 2022, the average export price for clock or watch parts; dialses amounted to $9.3 per unit, picking up by 294% against the previous year. Over the period under review, the export price posted strong growth. Over the period under review, the average export prices attained the maximum at $15 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($81 per unit), while the average price for exports to France ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock or Watch Parts; Dials in Belgium
In 2022, imports of clock or watch parts; dialses into Belgium reduced notably to 7.2K units, waning by -35.5% against 2021 figures. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of 11K units, and then reduced markedly in the following year.
In value terms, clock or watch parts; dials imports contracted significantly to $250K in 2022. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. As a result, imports reached the peak of $324K, and then contracted sharply in the following year.
| Import of Clock or Watch Parts; Dials in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 187 | 167 | 196 | 175 | -2.2% |
| China | 44.3 | 32.8 | 57.4 | 30.7 | -11.5% |
| Netherlands | 19.1 | 17.2 | 45.6 | 21.9 | 4.7% |
| Hong Kong SAR | 0.7 | 0.4 | 0.3 | 7.2 | 117.5% |
| Thailand | 37.0 | 9.0 | 8.0 | 5.0 | -48.7% |
| Others | 4.9 | 6.5 | 17.2 | 9.6 | 25.1% |
| Total | 293 | 233 | 324 | 250 | -5.2% |
Top Suppliers of Clock or Watch Parts; Dials to Belgium in 2022:
- Netherlands (3.8K units)
- China (1.6K units)
- Switzerland (1.2K units)
- Hong Kong SAR (0.2K units)
Exports of Clock or Watch Parts; Dials in Belgium
In 2022, overseas shipments of clock or watch parts; dialses decreased by -23.2% to 26K units for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 54%. As a result, the exports attained the peak of 34K units, and then declined sharply in the following year.
In value terms, clock or watch parts; dials exports skyrocketed to $153K in 2022. Over the period under review, exports, however, showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Clock or Watch Parts; Dials in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 51.7 | 0% |
| United States | 3.5 | 9.6 | 6.4 | 25.8 | 94.6% |
| Guyana | N/A | N/A | N/A | 20.4 | 0% |
| France | 23.9 | 35.7 | 35.9 | 15.3 | -13.8% |
| Switzerland | 37.6 | 19.1 | 13.8 | 12.4 | -30.9% |
| Luxembourg | 4.7 | 2.3 | 2.9 | 11.6 | 35.1% |
| Germany | 0.4 | 4.1 | 4.8 | 6.0 | 146.6% |
| United Kingdom | 0.3 | 8.3 | N/A | 4.1 | 139.1% |
| Australia | 1.7 | 3.4 | 0.5 | 1.9 | 3.8% |
| Spain | 0.7 | 2.6 | 3.0 | N/A | 107.0% |
| Estonia | 0.6 | 0.4 | 7.1 | N/A | 244.0% |
| Romania | 1.8 | 1.4 | 3.5 | N/A | 39.4% |
| Others | 8.1 | 5.1 | 3.2 | 3.4 | -25.1% |
| Total | 83.4 | 91.9 | 81.3 | 153 | 22.4% |
Top Export Markets for Clock or Watch Parts; Dials from Belgium in 2022:
- France (10.8K units)
- Japan (5.6K units)
- Guyana (2.5K units)
- United States (2.5K units)
- Luxembourg (1.3K units)
- Germany (1.1K units)
- United Kingdom (0.6K units)
- Australia (0.6K units)
- Switzerland (0.2K units)
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