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

Contents:

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

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

In 2022, the average import price for clock or watch parts; plates and bridgeses amounted to $423,500 per ton, with an increase of 73% against the previous year. Overall, the import price recorded a significant expansion. The pace of growth appeared the most rapid in 2014 an increase of 1,744%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1,577,000 per ton), while the price for Spain ($21,000 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+12.4%).

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

In 2022, the average export price for clock or watch parts; plates and bridgeses amounted to $99,500 per ton, shrinking by -74.9% against the previous year. In general, the export price, however, saw a resilient expansion. Over the period under review, the average export prices reached the peak figure at $2,522,500 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -66.0% per year.

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

Imports of clock or watch parts; plates and bridgeses into Portugal shrank sharply to 4 kg in 2022, with a decrease of -93.5% compared with the previous year. In general, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 6,100% against the previous year. As a result, imports attained the peak of 62 kg, and then shrank sharply in the following year.

In value terms, imports of clock or watch parts; plates and bridgeses contracted significantly to $1.7K in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 5,202% against the previous year. As a result, imports attained the peak of $15K, and then contracted markedly in the following year.

Import of Clock or Watch Parts; Plates and Bridges in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A1.60%
United StatesN/AN/AN/A0.10%
SpainN/AN/AN/AN/A0%
Switzerland0.80.315.2N/A335.9%
United KingdomN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.80.315.21.728.6%

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

  1. United States (1.0 kg)
  2. United Kingdom (1.0 kg)
  3. Spain (1.0 kg)
  4. France (1.0 kg)

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

Exports of clock or watch parts; plates and bridgeses from Portugal skyrocketed to 2 kg in 2022, growing by 100% compared with 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of clock or watch parts; plates and bridgeses declined notably to $199 in 2022. In general, exports, however, continue to indicate a sharp reduction.

Export of Clock or Watch Parts; Plates and Bridges in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5.0N/A0.40.2-65.8%
OthersN/AN/AN/AN/A0%
Total5.0N/A0.40.2-65.8%

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

  1. Netherlands (2.0 kg)

Source: IndexBox Market Intelligence Platform

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