Price for Clock or Watch Parts; Plates and Bridges in Belgium - 2023

Contents:

1. Price for Clock or Watch Parts; Plates and Bridges in Belgium (CIF) - 2022
2. Price for Clock or Watch Parts; Plates and Bridges in Belgium (FOB) - 2022
3. Imports of Clock or Watch Parts; Plates and Bridges in Belgium
4. Exports of Clock or Watch Parts; Plates and Bridges in Belgium

Price for Clock or Watch Parts; Plates and Bridges in Belgium (CIF) - 2022

The average import price for clock or watch parts; plates and bridgeses stood at $162,669 per ton in 2022, increasing by 2.5% against the previous year. In general, the import price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 259%. The import price peaked at $849,976 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($773,434 per ton), while the price for South Korea ($2,107 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+140.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clock or Watch Parts; Plates and Bridges in Belgium (FOB) - 2022

In 2022, the average export price for clock or watch parts; plates and bridgeses amounted to $35,490 per ton, waning by -62.5% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 141% against the previous year. Over the period under review, the average export prices reached the peak figure at $267,909 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($133,818 per ton), while the average price for exports to Guyana amounted to $30,703 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Clock or Watch Parts; Plates and Bridges in Belgium

For the fourth consecutive year, Belgium recorded growth in overseas purchases of clock or watch parts; plates and bridgeses, which increased by 233% to 756 kg in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 313%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of clock or watch parts; plates and bridgeses soared to $123K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Clock or Watch Parts; Plates and Bridges to Belgium in 2022:

1. Hong Kong SAR (363.0 kg)
2. Netherlands (129.0 kg)
3. Switzerland (76.0 kg)
4. United Arab Emirates (56.0 kg)
5. China (56.0 kg)
6. South Korea (28.0 kg)
7. Canada (14.0 kg)
8. United Kingdom (14.0 kg)

Exports of Clock or Watch Parts; Plates and Bridges in Belgium

In 2022, exports of clock or watch parts; plates and bridgeses from Belgium skyrocketed to 680 kg, with an increase of 5,131% compared with the previous year. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of clock or watch parts; plates and bridgeses surged to $24K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Clock or Watch Parts; Plates and Bridges from Belgium in 2022:

1. Guyana (667.0 kg)
2. Luxembourg (11.0 kg)

Source: IndexBox Market Intelligence Platform