Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Switzerland - 2024
Contents:
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Switzerland (CIF) - 2024
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Switzerland (FOB) - 2024
- Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Switzerland
- Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Switzerland
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Switzerland (CIF) - 2024
The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $32.8 per unit in January 2024, with a decrease of -2.5% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in February 2023 when the average import price increased by 36% m-o-m. As a result, import price attained the peak level of $38.6 per unit. From March 2023 to January 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($36.0 per unit), while the price for Thailand ($19.9 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+1.6%), 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 Switzerland (FOB) - 2024
In January 2024, the average export price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $56.5 per unit, surging by 4.4% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average export price increased by 43% month-to-month. The export price peaked at $72.1 per unit in October 2023; however, from November 2023 to January 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($161 per unit), while the average price for exports to Hong Kong SAR ($23.2 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.1%), 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 Switzerland
In 2022, approx. 8.8M units of watch cases; of base metal, whether or not gold-plated or silver-plated were imported into Switzerland; increasing by 8.6% compared with 2021 figures. Overall, imports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. Imports peaked at 12M 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 surged to $259M in 2022. In general, imports, however, saw a deep setback. Over the period under review, imports of hit record highs at $328M 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 Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 284 | 162 | 191 | 220 | -8.2% |
| Hong Kong SAR | 16.0 | 11.6 | 12.5 | 21.4 | 10.2% |
| Thailand | 17.9 | 12.6 | 5.5 | 6.8 | -27.6% |
| Others | 9.9 | 7.6 | 10.3 | 11.0 | 3.6% |
| Total | 328 | 194 | 219 | 259 | -7.6% |
Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to Switzerland in 2022:
- China (7.6M units)
- Hong Kong SAR (0.7M units)
- Thailand (0.4M units)
Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Switzerland
For the third consecutive year, Switzerland recorded decline in overseas shipments of watch cases; of base metal, whether or not gold-plated or silver-plated, which decreased by -9.1% to 578K units in 2022. Overall, exports faced a abrupt descent. The smallest decline of -3.9% was in 2021. Over the period under review, the exports of hit record highs at 894K 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 stood at $19M in 2022. Over the period under review, exports showed a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports of hit record highs at $32M 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 Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 13.3 | 6.4 | 9.2 | 7.9 | -15.9% |
| Germany | 1.7 | 0.7 | 1.5 | 2.0 | 5.6% |
| United Kingdom | 1.1 | 0.8 | 1.0 | 1.4 | 8.4% |
| Thailand | 3.1 | 0.4 | 0.3 | 1.4 | -23.3% |
| United States | 5.8 | 0.9 | 0.6 | 0.8 | -48.3% |
| France | 2.1 | 0.7 | 0.8 | 0.8 | -27.5% |
| China | 1.4 | 1.1 | 1.2 | 0.8 | -17.0% |
| Italy | 0.5 | 0.3 | 0.4 | 0.5 | 0.0% |
| United Arab Emirates | 0.2 | N/A | 0.2 | 0.5 | 35.7% |
| Others | 3.0 | 2.5 | 2.8 | 2.8 | -2.3% |
| Total | 32.3 | 13.7 | 17.9 | 18.9 | -16.4% |
Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from Switzerland in 2022:
- Hong Kong SAR (328.5K units)
- Thailand (112.2K units)
- United Kingdom (30.2K units)
- Germany (29.4K units)
- United Arab Emirates (23.8K units)
- France (8.5K units)
- United States (6.3K units)
- Italy (6.3K units)
- China (6.2K units)
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