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

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

In 2022, the average import price for clock or watch parts; dialses amounted to $6.7 per unit, growing by 6.4% against the previous year. Over the period under review, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 154% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($5.2 per unit), while the price for China stood at $4.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-2.3%).

Imports of Clock or Watch Parts; Dials in Libya

In 2022, purchases abroad of clock or watch parts; dialses increased by 356% to 114 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a perceptible curtailment. Over the period under review, imports reached the peak figure at 126 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, clock or watch parts; dials imports skyrocketed to $528 in 2022. Over the period under review, imports, however, saw a deep contraction. Imports peaked at $694 in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.