Price for Clock or Watch Parts; Dials in Luxembourg - 2024

Contents:

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

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

In 2022, the average import price for clock or watch parts; dialses amounted to $3.5 per unit, increasing by 4.6% against the previous year. In general, the import price enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 1,415% against the previous year. The import price peaked at $44 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Netherlands ($7.2 per unit), while the price for China totaled $4.5 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for clock or watch parts; dialses amounted to $4.6 per unit, picking up by 60% against the previous year. Overall, the export price, however, showed a sharp downturn. Over the period under review, the average export prices hit record highs at $65 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +15.9% per year.

Imports of Clock or Watch Parts; Dials in Luxembourg

In 2022, purchases abroad of clock or watch parts; dialses decreased by -37.9% to 38K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 14,660% against the previous year. Over the period under review, imports hit record highs at 61K units in 2021, and then contracted dramatically in the following year.

In value terms, clock or watch parts; dials imports fell significantly to $172K in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 2,473% against the previous year. Over the period under review, imports reached the maximum at $205K in 2021, and then reduced remarkably in the following year.

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

1. China (35.9K units)
2. Netherlands (1.0K units)

Exports of Clock or Watch Parts; Dials in Luxembourg

After two years of growth, shipments abroad of clock or watch parts; dialses decreased by -41.3% to 35K units in 2022. Overall, exports saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 48%. As a result, the exports reached the peak of 60K units, and then dropped significantly in the following year.

In value terms, clock or watch parts; dials exports contracted to $160K in 2022. The total export value increased at an average annual rate of +4.4% from 2020 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. As a result, the exports attained the peak of $171K, and then reduced in the following year.

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

1. France (32.5K units)

Source: IndexBox Market Intelligence Platform