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

Contents:

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

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

The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $30 per unit in 2022, with a decrease of -5.1% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 9.4%. Over the period under review, average import prices reached the maximum at $31 per unit in 2021, and then declined 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 ($366 per unit), while the price for France ($15 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+23.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $115 per unit in 2022, declining by -10.7% against the previous year. Over the period under review, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 103% against the previous year. The export price peaked at $128 per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($189 per unit), while the average price for exports to Poland ($2.7 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 Israel (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of watch cases; of base metal, whether or not gold-plated or silver-plated imported into Germany skyrocketed to 363K units, growing by 29% against the previous year. Overall, imports, however, recorded a noticeable setback. Over the period under review, imports of reached the peak figure at 407K 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 surged to $11M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.15.26.86.4-7.6%
Hong Kong SAR2.01.31.32.34.8%
FranceN/A0.1N/A0.10.0%
Others0.60.40.71.946.8%
Total10.77.08.810.80.3%

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

  1. China (257.5K units)
  2. Hong Kong SAR (90.4K units)
  3. France (8.2K units)

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

In 2022, approx. 20K units of watch cases; of base metal, whether or not gold-plated or silver-plated were exported from Germany; reducing by -3.6% against 2021 figures. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 20K units, and then fell slightly in the following year.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated declined to $2.2M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 97%. As a result, the exports attained the peak of $2.6M, and then dropped in the following year.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland8551,1252,1401,78827.9%
Hong Kong SAR93.740.694.11177.7%
United Kingdom2.40.316697.2243.4%
Iceland78.715.657.982.31.5%
United States56.330.964.369.47.2%
Turkey35.449.923.727.5-8.1%
Poland2.01.02.43.115.7%
Russia19.26.57.42.6-48.6%
Others84.548.947.153.2-14.3%
Total1,2271,3192,6042,24022.2%

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

  1. Switzerland (9.4K units)
  2. United States (2.4K units)
  3. Hong Kong SAR (2.3K units)
  4. Turkey (1.2K units)
  5. Poland (1.2K units)
  6. United Kingdom (0.8K units)
  7. Iceland (0.5K units)
  8. Russia (0.1K units)

Source: IndexBox Market Intelligence Platform

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