Price for Clock or Watch Parts; Plates and Bridges in Hungary - 2022

Contents:

1. Price for Clock or Watch Parts; Plates and Bridges in Hungary (CIF) - 2022
2. Imports of Clock or Watch Parts; Plates and Bridges in Hungary

Price for Clock or Watch Parts; Plates and Bridges in Hungary (CIF) - 2022

In 2022, the average import price for clock or watch parts; plates and bridgeses amounted to $18,573 per ton, picking up by 26% against the previous year. Overall, the import price continues to indicate a perceptible increase. The growth pace was the most rapid in 2018 when the average import price increased by 299%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($18,734 per ton), while the price for Germany stood at $10,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+1.6%), while the prices for the other major suppliers experienced a decline.

Imports of Clock or Watch Parts; Plates and Bridges in Hungary

In 2022, overseas purchases of clock or watch parts; plates and bridgeses increased by 0.5% to 218 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a significant contraction.

In value terms, imports of clock or watch parts; plates and bridgeses skyrocketed to $4K in 2022. Overall, imports, however, faced a abrupt slump.

Top Suppliers of Clock or Watch Parts; Plates and Bridges to Hungary in 2022:

1. Switzerland (214.0 kg)
2. Germany (4.0 kg)

Source: IndexBox Market Intelligence Platform