Price for Clock or Watch Parts; Plates and Bridges in Israel - 2022

Contents:

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

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

The average import price for clock or watch parts; plates and bridgeses stood at $1,000,000 per ton in 2022, growing by 24% against the previous year. In general, the import price saw a strong expansion. The pace of growth was the most pronounced in 2020 an increase of 110%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,000,000 per ton), while the price for China totaled $1,000,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+54.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for clock or watch parts; plates and bridgeses amounted to $1,000,000 per ton, picking up by 1.9% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for clock or watch parts; plates and bridgeses increased by +113.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 103% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Switzerland amounted to +2.4% per year.

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

In 2022, overseas purchases of clock or watch parts; plates and bridgeses decreased by -44.4% to 5 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of 9 kg, and then shrank notably in the following year.

In value terms, imports of clock or watch parts; plates and bridgeses reduced sharply to $5K in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 152%.

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

1. China (3.0 kg)
2. Taiwan (Chinese) (2.0 kg)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of clock or watch parts; plates and bridgeses, when their volume decreased by -75% to 1 kg. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 300%. As a result, the exports attained the peak of 4 kg, and then contracted sharply in the following year.

In value terms, exports of clock or watch parts; plates and bridgeses shrank dramatically to $1K in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 313% against the previous year. As a result, the exports reached the peak of $3.9K, and then shrank markedly in the following year.

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

1. France (1.0 kg)

Source: IndexBox Market Intelligence Platform