Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in China - 2023
Contents:
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in China (FOB) - 2022
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in China (CIF) - 2022
- Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in China
- Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in China
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in China (FOB) - 2022
The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $6.5 per unit in 2022, increasing by 14% against the previous year. Overall, the export price saw resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 18%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($38 per unit), while the average price for exports to Pakistan ($0.3 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 Switzerland (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in China (CIF) - 2022
In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $1.4 per unit, shrinking by -27.4% against the previous year. Over the period under review, the import price, however, continues to indicate a temperate increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 368% against the previous year. The import price peaked at $12 per unit in 2020; however, from 2021 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 Switzerland ($4.9 per unit), while the price for Hong Kong SAR ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in China
In 2022, the amount of watch cases; of base metal, whether or not gold-plated or silver-plated exported from China reduced slightly to 59M units, dropping by -1.8% on 2021 figures. Overall, exports saw a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 6.5% against the previous year. Over the period under review, the exports of hit record highs at 98M 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 rose remarkably to $382M in 2022. Over the period under review, exports continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. The exports peaked at $428M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 252 | 142 | 180 | 190 | -9.0% |
| Switzerland | 72.7 | 59.0 | 70.5 | 91.0 | 7.8% |
| Vietnam | 83.9 | 74.3 | 69.4 | 60.2 | -10.5% |
| Philippines | 1.2 | 0.4 | 1.1 | 6.3 | 73.8% |
| Thailand | 0.5 | N/A | 0.2 | 3.1 | 83.7% |
| India | 5.5 | 1.6 | 1.1 | 2.5 | -23.1% |
| Pakistan | 0.3 | 0.3 | 0.9 | 2.1 | 91.3% |
| Singapore | 0.4 | 0.6 | 0.4 | 1.8 | 65.1% |
| Turkey | 1.7 | 0.6 | 1.4 | 1.2 | -11.0% |
| Egypt | 0.3 | 0.1 | 1.5 | 0.8 | 38.7% |
| Brazil | 0.5 | 0.1 | 0.6 | 0.7 | 11.9% |
| Others | 9.5 | 8.6 | 14.6 | 22.1 | 32.5% |
| Total | 428 | 288 | 341 | 382 | -3.7% |
Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from China in 2022:
- Hong Kong SAR (22.3M units)
- India (7.1M units)
- Pakistan (6.3M units)
- Vietnam (5.0M units)
- Philippines (2.9M units)
- Switzerland (2.4M units)
- Turkey (2.0M units)
- Egypt (1.4M units)
- Singapore (1.1M units)
- Thailand (1.0M units)
- Brazil (0.9M units)
Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in China
In 2022, imports of watch cases; of base metal, whether or not gold-plated or silver-plated into China rose remarkably to 30M units, growing by 12% compared with the previous year. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 182%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated fell rapidly to $43M in 2022. Overall, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 93%. As a result, imports reached the peak of $109M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 2.9 | 3.0 | 14.9 | 19.2 | 87.8% |
| Switzerland | 1.5 | 2.3 | 9.4 | 14.8 | 114.5% |
| Thailand | 49.0 | 101 | 25.0 | 6.1 | -50.1% |
| Japan | 0.3 | 0.7 | 1.0 | 1.6 | 74.7% |
| Taiwan (Chinese) | 1.0 | 0.8 | 1.9 | 0.1 | -53.6% |
| Others | 1.8 | 1.4 | 0.8 | 1.1 | -15.1% |
| Total | 56.5 | 109 | 52.9 | 42.9 | -8.8% |
Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to China in 2022:
- Hong Kong SAR (25.7M units)
- Switzerland (3.0M units)
- Japan (0.5M units)
- Thailand (0.1M units)
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