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

Contents:

1. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Lithuania (CIF) - 2023
2. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Lithuania (FOB) - 2023
3. Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Lithuania
4. Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Lithuania

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Lithuania (CIF) - 2023

In October 2023, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $63.7 per unit, increasing by 54% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 143% m-o-m. As a result, import price attained the peak level of $74.4 per unit. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($165 per unit), while the price for China stood at $60.8 per unit.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+0.3%).

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Lithuania (FOB) - 2023

In October 2023, the average export price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $63.4 per unit, shrinking by -74.9% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 97% month-to-month. The export price peaked at $252 per unit in September 2023, and then contracted significantly in the following month.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Hungary ($80.3 per unit), while the average price for exports to Romania ($34.0 per unit) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by -44.8% to 32K units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 when imports increased by 13%. As a result, imports attained the peak of 66K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated fell markedly to $1.2M in 2022. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 134% against the previous year. Over the period under review, imports of hit record highs at $1.6M in 2021, and then fell remarkably in the following year.

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

1. China (25.0K units)
2. Japan (4.0K units)
3. Switzerland (2.3K units)
4. Hong Kong SAR (0.3K units)

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

In 2022, the amount of watch cases; of base metal, whether or not gold-plated or silver-plated exported from Lithuania rose slightly to 96 units, growing by 2.1% compared with the year before. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 50% against the previous year. As a result, the exports reached the peak of 141 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated dropped dramatically to $4.2K in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 20%. Over the period under review, the exports of hit record highs at $5.4K in 2021, and then contracted notably in the following year.

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

1. Germany (22.0 units)
2. Hungary (19.0 units)
3. Belarus (16.0 units)
4. Greece (10.0 units)
5. Slovakia (8.0 units)
6. Poland (6.0 units)
7. Russia (6.0 units)
8. Kazakhstan (5.0 units)
9. Bulgaria (2.0 units)
10. Ukraine (1.0 units)

Source: IndexBox Market Intelligence Platform