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

Contents:

1. Price for Clock or Watch Parts; Plates and Bridges in Lithuania (FOB) - 2022
2. Price for Clock or Watch Parts; Plates and Bridges in Lithuania (CIF) - 2022
3. Exports of Clock or Watch Parts; Plates and Bridges in Lithuania
4. Imports of Clock or Watch Parts; Plates and Bridges in Lithuania

Price for Clock or Watch Parts; Plates and Bridges in Lithuania (FOB) - 2022

In 2022, the average export price for clock or watch parts; plates and bridgeses amounted to $1,595,250 per ton, growing by 365% against the previous year. Over the period under review, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,664,478 per ton), while the average price for exports to the Netherlands amounted to $3,000 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-89.2%).

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

In 2022, the average import price for clock or watch parts; plates and bridgeses amounted to $11,500 per ton, with a decrease of -99.3% against the previous year. In general, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 an increase of 1,339%. As a result, import price attained the peak level of $1,640 per kg, and then fell remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($10,000 per ton), while the price for the Netherlands amounted to $1,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-90.6%).

Exports of Clock or Watch Parts; Plates and Bridges in Lithuania

For the third consecutive year, Lithuania recorded growth in shipments abroad of clock or watch parts; plates and bridgeses, which increased by 243% to 24 kg in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of clock or watch parts; plates and bridgeses skyrocketed to $38K in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Clock or Watch Parts; Plates and Bridges from Lithuania in 2022:

1. United Kingdom (23.0 kg)
2. Netherlands (1.0 kg)

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

In 2022, after two years of growth, there was decline in purchases abroad of clock or watch parts; plates and bridgeses, when their volume decreased by 0% to 2 kg. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 100%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of clock or watch parts; plates and bridgeses contracted markedly to $23 in 2022. Overall, imports faced a sharp decrease. The pace of growth was the most pronounced in 2021 when imports increased by 2,777%. As a result, imports reached the peak of $3.3K, and then shrank remarkably in the following year.

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

1. United Arab Emirates (1.0 kg)
2. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform