Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Japan - 2022

Contents:

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

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

In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $25 per unit, which is down by -9.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 4.2% against the previous year. As a result, import price attained the peak level of $30 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($25 per unit), while the price for China stood at $25 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-0.2%).

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

In 2022, the average export price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $41 per unit, rising by 5.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2014 an increase of 28% against the previous year. The export price peaked at $41 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Hong Kong SAR ($40 per unit) and Malaysia ($40 per unit), while the average price for exports to Singapore ($40 per unit) and Germany ($40 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.0%), 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 Japan

In 2022, imports of watch cases; of base metal, whether or not gold-plated or silver-plated into Japan was estimated at 1.7M units, with an increase of 14% against the previous year's figure. Over the period under review, imports, however, saw a deep reduction. Imports peaked at 2.1M 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 rose modestly to $44M in 2022. Overall, imports, however, saw a abrupt setback. Over the period under review, imports of hit record highs at $63M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China37.829.330.030.1-7.3%
Malaysia24.216.112.013.5-17.7%
Others0.70.60.60.5-10.6%
Total62.746.042.644.2-11.0%

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

  1. China (1188.4K units)
  2. Malaysia (533.8K units)

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

For the third year in a row, Japan recorded decline in shipments abroad of watch cases; of base metal, whether or not gold-plated or silver-plated, which decreased by -10.3% to 5.7K units in 2022. In general, exports showed a precipitous setback. The exports peaked at 15K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated shrank to $233K in 2022. Overall, exports faced a precipitous decline. The exports peaked at $640K 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 Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR562198141161-34.1%
Malaysia7.2N/A7.030.662.0%
Netherlands24.834.775.519.1-8.3%
Germany19.2N/AN/A8.4-24.1%
SingaporeN/AN/AN/A4.90%
United States5.311.2N/A4.2-7.5%
Others21.534.723.55.6-36.1%
Total640278247233-28.6%

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

  1. Hong Kong SAR (3982.0 units)
  2. Malaysia (759.0 units)
  3. Netherlands (476.0 units)
  4. Germany (209.0 units)
  5. Singapore (122.0 units)
  6. United States (105.0 units)

Source: IndexBox Market Intelligence Platform

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