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

Contents:

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

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

The average import price for clock or watch parts; dialses stood at $24 per unit in 2022, dropping by -48.1% against the previous year. In general, the import price, however, posted a modest expansion. The most prominent rate of growth was recorded in 2020 an increase of 193% against the previous year. As a result, import price attained the peak level of $84 per unit. From 2021 to 2022, the average 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 Switzerland ($33 per unit), while the price for Turkey ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for clock or watch parts; dialses amounted to $64 per unit, growing by 73% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 105% against the previous year. Over the period under review, the average export prices reached the maximum at $89 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 +8.0% per year.

Imports of Clock or Watch Parts; Dials in Jordan

In 2022, approx. 2.4K units of clock or watch parts; dialses were imported into Jordan; with an increase of 9.6% on 2021 figures. The total import volume increased at an average annual rate of +13.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, clock or watch parts; dials imports fell notably to $55K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 36%. Imports peaked at $66K in 2021, and then contracted sharply in the following year.

Import of Clock or Watch Parts; Dials in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland41.757.066.254.29.1%
TurkeyN/AN/AN/A0.30%
Germany0.10.10.20.10.0%
Hong Kong SAR0.30.10.10.1-30.7%
Others0.1N/AN/A0.681.7%
Total42.257.266.555.39.4%

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

  1. Switzerland (1655.0 units)
  2. Turkey (659.0 units)
  3. Hong Kong SAR (44.0 units)
  4. Germany (22.0 units)

Exports of Clock or Watch Parts; Dials in Jordan

In 2022, the amount of clock or watch parts; dialses exported from Jordan totaled 1 units, remaining relatively unchanged against 2021 figures. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, clock or watch parts; dials exports surged to $64 in 2022. Overall, exports continue to indicate a deep slump. The exports peaked at $89 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Clock or Watch Parts; Dials in Jordan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland89.066.033.064.0-10.4%
OthersN/AN/A4.0N/A0%
Total89.066.037.064.0-10.4%

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

  1. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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