Price for Clock or Watch Parts; Dials in Mexico - 2023

Contents:

1. Price for Clock or Watch Parts; Dials in Mexico (CIF) - 2022
2. Imports of Clock or Watch Parts; Dials in Mexico

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

In 2022, the average import price for clock or watch parts; dialses amounted to $3,634 per unit, with an increase of 21% against the previous year. In general, the import price continues to indicate moderate growth. The growth pace was the most rapid in 2020 when the average import price increased by 337%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 ($2,880 per unit), while the price for China stood at $181 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Clock or Watch Parts; Dials in Mexico

After two years of decline, overseas purchases of clock or watch parts; dialses increased by 14% to 64 units in 2022. Overall, imports, however, saw a dramatic contraction. Imports peaked at 1.1K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, clock or watch parts; dials imports skyrocketed to $233K in 2022. In general, imports continue to indicate a modest increase. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

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

1. China (192.0 units)
2. Switzerland (68.0 units)

Source: IndexBox Market Intelligence Platform