Price for Clock or Watch Parts; Dials in Iran - 2022

Contents:

1. Price for Clock or Watch Parts; Dials in Iran (FOB) - 2022
2. Price for Clock or Watch Parts; Dials in Iran (CIF) - 2022
3. Exports of Clock or Watch Parts; Dials in Iran
4. Imports of Clock or Watch Parts; Dials in Iran

Price for Clock or Watch Parts; Dials in Iran (FOB) - 2022

In 2022, the average export price for clock or watch parts; dialses amounted to $51 per unit, which is down by -3.9% against the previous year. Overall, the export price saw a deep reduction. The pace of growth was the most pronounced in 2016 when the average export price increased by 16%. The export price peaked at $115 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to -7.9% per year.

Price for Clock or Watch Parts; Dials in Iran (CIF) - 2022

In 2022, the average import price for clock or watch parts; dialses amounted to $13 per unit, declining by -42.7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 149%. The import price peaked at $38 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($25 per unit), while the price for China ($3.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1,875.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Clock or Watch Parts; Dials in Iran

For the third consecutive year, Iran recorded decline in shipments abroad of clock or watch parts; dialses, which decreased by -4.6% to 775 units in 2022. Over the period under review, exports saw a pronounced decline. The exports peaked at 892 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, clock or watch parts; dials exports contracted to $39K in 2022. Overall, exports showed a abrupt decrease. Over the period under review, the exports hit record highs at $51K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Clock or Watch Parts; Dials from Iran in 2022:

1. Switzerland (775.0 units)

Imports of Clock or Watch Parts; Dials in Iran

For the fourth consecutive year, Iran recorded growth in purchases abroad of clock or watch parts; dialses, which increased by 136% to 2.5K units in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, clock or watch parts; dials imports surged to $15K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Clock or Watch Parts; Dials to Iran in 2022:

1. China (2234.0 units)
2. Switzerland (251.0 units)
3. Hong Kong SAR (41.0 units)

Source: IndexBox Market Intelligence Platform