Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Australia - 2024

Contents:

1. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Australia (CIF) - 2022
2. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Australia (FOB) - 2022
3. Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Australia
4. Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Australia

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Australia (CIF) - 2022

In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $32 per unit, dropping by -33.2% against the previous year. Over the period under review, the import price, however, showed a temperate expansion. The growth pace was the most rapid in 2021 an increase of 111% against the previous year. As a result, import price reached the peak level of $47 per unit, and then declined significantly in the following year.

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 Switzerland ($65 per unit), while the price for China ($23 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Australia (FOB) - 2022

The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $325 per unit in 2022, picking up by 21% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The growth pace was the most rapid in 2017 when the average export price increased by 574%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($604 per unit), while the average price for exports to China ($14 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 New Zealand (+37.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Australia

In 2022, after three years of growth, there was significant decline in purchases abroad of watch cases; of base metal, whether or not gold-plated or silver-plated, when their volume decreased by -12% to 15K units. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports reached the peak of 18K units, and then fell in the following year.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated contracted notably to $489K in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 190% against the previous year. As a result, imports attained the peak of $832K, and then fell notably in the following year.

Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to Australia in 2022:

1. China (12.1K units)
2. Switzerland (2.4K units)
3. Hong Kong SAR (0.6K units)

Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Australia

In 2022, exports of watch cases; of base metal, whether or not gold-plated or silver-plated from Australia shrank sharply to 63 units, which is down by -63.2% against the year before. Overall, exports continue to indicate a significant decline. The smallest decline of -10.9% was in 2021. The exports peaked at 1.5K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated declined dramatically to $20K in 2022. In general, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 352%. The exports peaked at $126K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from Australia in 2022:

1. New Zealand (41.0 units)
2. China (20.0 units)
3. Hong Kong SAR (2.0 units)

Source: IndexBox Market Intelligence Platform