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

Contents:

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

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

The average import price for clock or watch parts; plates and bridgeses stood at $1,021,492 per ton in 2022, waning by -4.5% against the previous year. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 90% against the previous year. The import price peaked at $5,340,500 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($3,847,467 per ton), while the price for Germany ($311,667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+75.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for clock or watch parts; plates and bridgeses stood at $1,324,391 per ton in 2022, with an increase of 7,691% against the previous year. Over the period under review, the export price showed a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,529,000 per ton), while the average price for exports to Germany ($8,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-1.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 130 kg of clock or watch parts; plates and bridgeses were imported into Italy; growing by 5.7% compared with 2021. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 669% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of clock or watch parts; plates and bridgeses reached $133K in 2022. Overall, imports saw a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 215%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. Netherlands (63.0 kg)
2. Germany (33.0 kg)
3. Switzerland (15.0 kg)
4. China (14.0 kg)
5. United Arab Emirates (3.0 kg)
6. France (2.0 kg)

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

In 2022, approx. 23 kg of clock or watch parts; plates and bridgeses were exported from Italy; with an increase of 229% on 2021 figures. Overall, exports, however, saw a sharp contraction.

In value terms, exports of clock or watch parts; plates and bridgeses skyrocketed to $30K in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Hong Kong SAR (20.0 kg)
2. United States (1.0 kg)
3. Netherlands (1.0 kg)
4. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform