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

Contents:

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

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

In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $10 per unit, dropping by -58.8% against the previous year. In general, the import price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 986%. As a result, import price reached the peak level of $27 per unit. From 2014 to 2022, the average 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 ($62 per unit), while the price for China ($3.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), 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 Denmark (FOB) - 2022

In 2022, the average export price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $13 per unit, with a decrease of -50.3% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 341%. Over the period under review, the average export prices reached the maximum at $190 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($301 per unit), while the average price for exports to Hong Kong SAR ($2.1 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 Greenland (+519.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of watch cases; of base metal, whether or not gold-plated or silver-plated was finally on the rise to reach 3.8K units after two years of decline. In general, imports, however, faced a precipitous shrinkage. Imports peaked at 8.4K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated reduced dramatically to $38K in 2022. Over the period under review, imports, however, showed a noticeable curtailment. The growth pace was the most rapid in 2020 when imports increased by 25% against the previous year. Over the period under review, imports of hit record highs at $59K in 2021, and then shrank sharply in the following year.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A17.10%
China39.945.93.08.0-41.5%
Switzerland3.07.55.97.032.6%
Hong Kong SARN/A0.30.53.7251.2%
JapanN/AN/A39.30.6-98.5%
Others0.80.79.91.831.0%
Total43.654.458.638.3-4.2%

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

  1. China (2584.0 units)
  2. Hong Kong SAR (647.0 units)
  3. Sweden (336.0 units)
  4. Switzerland (114.0 units)
  5. Japan (18.0 units)

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

In 2022, the amount of watch cases; of base metal, whether or not gold-plated or silver-plated exported from Denmark soared to 1.7K units, increasing by 174% compared with the previous year. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 12,660%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated soared to $22K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,627% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden0.30.91.316.5280.3%
Hong Kong SARN/AN/AN/A3.20%
SwitzerlandN/AN/A6.82.1-69.1%
United StatesN/AN/A8.1N/A0%
Faroe Islands1.5N/AN/AN/A0%
Others6.8N/A0.10.4-61.1%
Total8.50.916.422.337.9%

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

  1. Hong Kong SAR (1567.0 units)
  2. Switzerland (111.0 units)
  3. Sweden (55.0 units)

Source: IndexBox Market Intelligence Platform

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