Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Bulgaria - 2023

Contents:

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

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

The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $125 per unit in 2022, dropping by -9.2% against the previous year. Overall, the import price, however, saw a resilient increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 119% against the previous year. The import price peaked at $195 per unit in 2017; however, from 2018 to 2022, import prices remained at a 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 the UK ($255 per unit), while the price for France ($20 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 (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $15 per unit in 2022, declining by -4% against the previous year. In general, the export price, however, recorded a tangible expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 40%. The export price peaked at $19 per unit 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 Switzerland.

From 2014 to 2022, the rate of growth in terms of prices for Switzerland amounted to +2.8% per year.

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

For the fourth consecutive year, Bulgaria recorded growth in supplies from abroad of watch cases; of base metal, whether or not gold-plated or silver-plated, which increased by 128% to 73 units in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 129%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated surged to $9.1K in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland2.22.44.47.047.1%
United KingdomN/AN/AN/A1.30%
Hong Kong SARN/AN/AN/A0.40%
FranceN/AN/AN/A0.30%
ChinaN/AN/AN/A0.20%
SingaporeN/AN/AN/A0.10%
OthersN/AN/AN/AN/A0%
Total2.22.44.49.160.5%

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

  1. Switzerland (41.0 units)
  2. France (13.0 units)
  3. Hong Kong SAR (9.0 units)
  4. United Kingdom (5.0 units)
  5. China (3.0 units)
  6. Singapore (2.0 units)

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

Exports of watch cases; of base metal, whether or not gold-plated or silver-plated from Bulgaria rose rapidly to 2.3K units in 2022, picking up by 14% on 2021. The total export volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 47% against the previous year. As a result, the exports attained the peak of 2.6K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated rose sharply to $33K in 2022. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports of reached the maximum at $36K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland33.236.330.433.30.1%
OthersN/AN/AN/AN/A0%
Total33.236.330.433.30.1%

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

  1. Switzerland (2.3K units)

Source: IndexBox Market Intelligence Platform

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