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

Contents:

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

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

In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $3.8 per unit, reducing by -74.1% against the previous year. Overall, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 an increase of 138% against the previous year. Over the period under review, average import prices reached the peak figure at $28 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 China ($20 per unit), while the price for France stood at $2.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (-1.1%), 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 Italy (FOB) - 2022

The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $198 per unit in 2022, jumping by 34% against the previous year. Over the period under review, the export price, however, saw a deep slump. The pace of growth was the most pronounced in 2020 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices reached the peak figure at $442 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($308 per unit), while the average price for exports to Hong Kong SAR ($16 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 Spain (+8.3%), 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 Italy

In 2022, approx. 574K units of watch cases; of base metal, whether or not gold-plated or silver-plated were imported into Italy; rising by 237% compared with the year before. In general, imports, however, showed a slight curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 284% against the previous year. Imports peaked at 608K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated fell to $2.2M in 2022. Overall, imports, however, faced a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 206%. Over the period under review, imports of attained the peak figure at $4.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France32.878.65481,237235.4%
China776463373450-16.6%
Romania3,530N/AN/AN/A0%
Others3062661,54846615.1%
Total4,6458082,4702,153-22.6%

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

  1. France (546.6K units)
  2. China (22.3K units)

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

In 2022, approx. 7.5K units of watch cases; of base metal, whether or not gold-plated or silver-plated were exported from Italy; shrinking by -19.5% against the year before. In general, exports saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 69%. Over the period under review, the exports of attained the maximum at 11K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated rose rapidly to $1.5M in 2022. Over the period under review, exports continue to indicate a abrupt setback. Over the period under review, the exports of hit record highs at $2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1,9821,3291,0061,308-12.9%
Germany4.87.485.786.2161.9%
United StatesN/A15.926053.282.9%
Hong Kong SARN/AN/AN/A13.40%
FranceN/AN/A2.55.8132.0%
Others5.01.110.88.318.4%
Total1,9921,3541,3651,475-9.5%

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

  1. Switzerland (4.2K units)
  2. Germany (1.3K units)
  3. Hong Kong SAR (0.8K units)
  4. United States (0.6K units)
  5. France (0.2K units)

Source: IndexBox Market Intelligence Platform

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