Price for Watch Cases and Parts Thereof in Finland - 2023
Contents:
- Price for Watch Cases and Parts Thereof in Finland (CIF) - 2022
- Price for Watch Cases and Parts Thereof in Finland (FOB) - 2022
- Imports of Watch Cases and Parts Thereof in Finland
- Exports of Watch Cases and Parts Thereof in Finland
Price for Watch Cases and Parts Thereof in Finland (CIF) - 2022
The average import price for watch cases and parts thereoves stood at $55 per unit in 2022, falling by -18.8% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of 21%. Over the period under review, average import prices attained the maximum at $68 per unit in 2021, and then contracted rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($88 per unit), while the price for Japan ($8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Watch Cases and Parts Thereof in Finland (FOB) - 2022
In 2022, the average export price for watch cases and parts thereoves amounted to $24 per unit, waning by -5.7% against the previous year. In general, the export price recorded a mild reduction. The growth pace was the most rapid in 2015 an increase of 82% against the previous year. The export price peaked at $86 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($220 per unit), while the average price for exports to China ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Watch Cases and Parts Thereof in Finland
Watch cases and parts thereof imports into Finland shrank notably to 3K units in 2022, waning by -21.2% against 2021 figures. Over the period under review, imports showed a noticeable descent. The growth pace was the most rapid in 2021 when imports increased by 156%. As a result, imports reached the peak of 3.8K units, and then contracted rapidly in the following year.
In value terms, watch cases and parts thereof imports declined remarkably to $168K in 2022. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 157% against the previous year. As a result, imports reached the peak of $262K, and then contracted sharply in the following year.
| Import of Watch Cases and Parts Thereof in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 56.5 | 26.2 | 44.2 | 76.4 | 10.6% |
| Hong Kong SAR | 0.4 | 1.7 | 33.3 | 44.2 | 379.9% |
| China | 139 | 71.5 | 162 | 35.2 | -36.7% |
| Japan | 0.1 | 0.1 | 0.1 | 5.6 | 282.6% |
| Others | 10.1 | 2.4 | 22.3 | 6.3 | -14.6% |
| Total | 206 | 102 | 262 | 168 | -6.6% |
Top Suppliers of Watch Cases and Parts Thereof to Finland in 2022:
- Switzerland (868.0 units)
- Japan (703.0 units)
- China (658.0 units)
- Hong Kong SAR (652.0 units)
Exports of Watch Cases and Parts Thereof in Finland
In 2022, approx. 884 units of watch cases and parts thereoves were exported from Finland; which is down by -75.2% against 2021 figures. Overall, exports, however, recorded a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by 1,492% against the previous year. As a result, the exports reached the peak of 3.6K units, and then contracted remarkably in the following year.
In value terms, watch cases and parts thereof exports contracted remarkably to $22K in 2022. In general, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 377% against the previous year. As a result, the exports attained the peak of $92K, and then reduced markedly in the following year.
| Export of Watch Cases and Parts Thereof in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 0.1 | 43.1 | 10.0 | 900.0% |
| Switzerland | 16.2 | 13.6 | 14.1 | 7.2 | -23.7% |
| United States | N/A | 0.5 | 1.2 | 3.3 | 156.9% |
| Sweden | 0.1 | N/A | N/A | 0.4 | 58.7% |
| Canada | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Hong Kong SAR | 14.4 | 4.5 | 15.6 | N/A | 4.1% |
| Ukraine | 3.9 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.6 | 17.7 | 0.3 | 44.2% |
| Total | 34.7 | 19.3 | 92.0 | 21.5 | -14.7% |
Top Export Markets for Watch Cases and Parts Thereof from Finland in 2022:
- China (685.0 units)
- United States (122.0 units)
- Switzerland (33.0 units)
- Sweden (22.0 units)
- Canada (17.0 units)
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