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

Contents:

  1. Price for Clock or Watch Parts; Plates and Bridges in Luxembourg (CIF) - 2022
  2. Imports of Clock or Watch Parts; Plates and Bridges in Luxembourg

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

In 2022, the average import price for clock or watch parts; plates and bridgeses amounted to $118,000 per ton, picking up by 1,080% against the previous year. In general, the import price, however, continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 3,725% against the previous year. Over the period under review, average import prices hit record highs at $317,273 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +6.0% per year.

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

In 2022, after two years of decline, there was decline in supplies from abroad of clock or watch parts; plates and bridgeses, when their volume decreased by 0% to 1 kg. In general, imports recorded a dramatic descent. The smallest decline of -50% was in 2020.

In value terms, imports of clock or watch parts; plates and bridgeses soared to $118 in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,813%. As a result, imports attained the peak of $153. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Clock or Watch Parts; Plates and Bridges in Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A10.01181080.0%
France8.0N/AN/AN/A0%
BelgiumN/A153N/AN/A0%
OthersN/AN/AN/AN/A0%
Total8.015310.0118145.2%

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

  1. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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