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

Contents:

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

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

The average import price for clock or watch parts; plates and bridgeses stood at $99,773 per ton in 2022, dropping by -23.6% against the previous year. Over the period under review, the import price showed a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 127%. As a result, import price reached the peak level of $409,000 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($148,200 per ton), while the price for Thailand ($14,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for clock or watch parts; plates and bridgeses amounted to $4,250 per ton, declining by -86.7% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 1,471%. As a result, the export price reached the peak level of $70,000 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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 Germany ($11,000 per ton), while the average price for exports to North Macedonia ($1,000 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 Ukraine (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, supplies from abroad of clock or watch parts; plates and bridgeses decreased by -49.4% to 44 kg in 2022. Over the period under review, imports, however, enjoyed modest growth. The growth pace was the most rapid in 2020 with an increase of 86%.

In value terms, imports of clock or watch parts; plates and bridgeses dropped dramatically to $4.4K in 2022. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 48%. As a result, imports reached the peak of $12K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Switzerland (26.0 kg)
2. China (12.0 kg)
3. Japan (5.0 kg)
4. Thailand (1.0 kg)

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

In 2022, approx. 4 kg of clock or watch parts; plates and bridgeses were exported from Turkey; rising by 300% on the year before. Over the period under review, exports saw significant growth. 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 rapidly to $17 in 2022. Overall, exports, however, faced a precipitous shrinkage.

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

1. Ireland (1.0 kg)
2. Germany (1.0 kg)
3. North Macedonia (1.0 kg)
4. Malta (1.0 kg)

Source: IndexBox Market Intelligence Platform