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

Contents:

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

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

The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $36 per unit in 2022, growing by 8.3% against the previous year. Over the period under review, the import price continues to indicate a measured increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2013 to 2022, the rate of growth in terms of prices for China amounted to +3.2% per year.

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

The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $24 per unit in 2022, reducing by -35.6% against the previous year. In general, the export price showed a abrupt descent. Over the period under review, the average export prices attained the peak figure at $37 per unit in 2021, and then dropped significantly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($24 per unit), while the average price for exports to the United States amounted to $24 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.1%).

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

In 2022, overseas purchases of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by -35.3% to 17K units, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 198,545% against the previous year. As a result, imports reached the peak of 66K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated shrank sharply to $615K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 204,822%. As a result, imports reached the peak of $2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.01,995876583735.4%
United StatesN/AN/AN/A2.70%
OthersN/A0.80.629.2504.2%
Total1.01,996877615750.4%

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

  1. China (17.1K units)
  2. United States (0.1K units)

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

Exports of watch cases; of base metal, whether or not gold-plated or silver-plated from Vietnam skyrocketed to 2.5K units in 2022, with an increase of 2,669% against 2021 figures. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated surged to $58K in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR0.9N/A3.236.6243.9%
United StatesN/AN/AN/A21.50%
OthersN/AN/AN/AN/A0%
Total0.9N/A3.358.1301.2%

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

  1. Hong Kong SAR (1.6K units)
  2. United States (0.9K units)

Source: IndexBox Market Intelligence Platform

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