Price for Watch Cases and Parts Thereof in France - 2023
Contents:
- Price for Watch Cases and Parts Thereof in France (FOB) - 2023
- Price for Watch Cases and Parts Thereof in France (CIF) - 2023
- Exports of Watch Cases and Parts Thereof in France
- Imports of Watch Cases and Parts Thereof in France
Price for Watch Cases and Parts Thereof in France (FOB) - 2023
In August 2023, the average export price for watch cases and parts thereoves amounted to $9.0 per unit, surging by 82% against the previous month. Overall, export price indicated a perceptible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, watch cases and parts thereof export price increased by +81.7% against July 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Portugal ($16.6 per unit), while the average price for exports to the Netherlands ($2.8 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Watch Cases and Parts Thereof in France (CIF) - 2023
The average import price for watch cases and parts thereoves stood at $12.2 per unit in August 2023, growing by 53% against the previous month. Over the period under review, import price indicated a notable expansion from August 2022 to August 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, watch cases and parts thereof import price decreased by -0.5% against June 2023 indices. The import price peaked at $12.3 per unit in June 2023; however, from July 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($12.5 per unit), while the price for Hong Kong SAR ($7.9 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+35.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Watch Cases and Parts Thereof in France
Watch cases and parts thereof exports from France expanded slightly to 6.9M units in 2022, increasing by 3.7% on the year before. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 13%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, watch cases and parts thereof exports totaled $55M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. The exports peaked at $56M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Watch Cases and Parts Thereof in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 39.3 | 27.3 | 36.3 | 38.2 | -0.9% |
| Portugal | 14.6 | 9.4 | 14.4 | 15.1 | 1.1% |
| Netherlands | 1.3 | 1.1 | 1.3 | 1.3 | 0.0% |
| Others | 0.8 | 0.4 | 0.3 | 0.5 | -14.5% |
| Total | 56.0 | 38.3 | 52.3 | 55.1 | -0.5% |
Top Export Markets for Watch Cases and Parts Thereof from France in 2022:
- Switzerland (4.1M units)
- Portugal (2.1M units)
- Netherlands (0.6M units)
Imports of Watch Cases and Parts Thereof in France
In 2022, the amount of watch cases and parts thereoves imported into France fell modestly to 4M units, reducing by -2.4% compared with 2021. Overall, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Over the period under review, imports attained the maximum at 4.6M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, watch cases and parts thereof imports expanded remarkably to $39M in 2022. In general, imports saw a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 33%. Imports peaked at $50M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Watch Cases and Parts Thereof in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 43.8 | 17.6 | 25.0 | 25.0 | -17.0% |
| Portugal | 5.3 | 8.0 | 8.5 | 12.6 | 33.5% |
| China | 0.3 | 0.4 | 0.8 | 0.8 | 38.7% |
| Others | 0.7 | 0.4 | 0.9 | 0.9 | 8.7% |
| Total | 50.2 | 26.4 | 35.2 | 39.2 | -7.9% |
Top Suppliers of Watch Cases and Parts Thereof to France in 2022:
- Switzerland (3020.0K units)
- Portugal (805.4K units)
- China (87.4K units)
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