Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Turkey - 2024
Contents:
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Turkey (CIF) - 2022
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Turkey (FOB) - 2022
- Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Turkey
- Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Turkey
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Turkey (CIF) - 2022
The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $0.6 per unit in 2022, with an increase of 3.8% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for watch cases; of base metal, whether or not gold-plated or silver-plated increased by +37.0% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 40% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($0.6 per unit), while the price for Switzerland amounted to $0.6 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%).
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Turkey (FOB) - 2022
The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $48 per unit in 2022, surging by 100% against the previous year. In general, the export price recorded a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of 661% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($198 per unit), while the average price for exports to Bosnia and Herzegovina ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+86.0%), 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 Turkey
In 2022, purchases abroad of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by -20.1% to 5.8M units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 43% against the previous year. As a result, imports attained the peak of 9M 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 reduced dramatically to $3.4M in 2022. In general, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -29.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 51%. As a result, imports attained the peak of $4.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.2 | 4.8 | 4.1 | 3.4 | 2.0% |
| Switzerland | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.3 | 4.9 | 4.2 | 3.4 | 1.0% |
Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to Turkey in 2022:
- China (5.7M units)
- Switzerland (0.1M units)
Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Turkey
In 2022, exports of watch cases; of base metal, whether or not gold-plated or silver-plated from Turkey contracted significantly to 44 units, dropping by -44.3% against 2021 figures. Over the period under review, exports showed a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by 508%. Over the period under review, the exports of attained the peak figure at 230 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated stood at $2.1K in 2022. In general, exports recorded a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 959% against the previous year. Over the period under review, the exports of attained the peak figure at $5.1K 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 Turkey (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1,669 | N/A | N/A | 1,581 | -1.8% |
| Spain | 1,970 | N/A | 629 | 482 | -37.5% |
| Bosnia and Herzegovina | N/A | 78.0 | 118 | 66.0 | -8.0% |
| Italy | N/A | N/A | 452 | N/A | 0% |
| Israel | 1,368 | 42.0 | 18.0 | N/A | -88.5% |
| Others | 105 | 60.0 | 690 | N/A | 156.3% |
| Total | 5,112 | 180 | 1,907 | 2,129 | -25.3% |
Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from Turkey in 2022:
- Spain (31.0 units)
- Switzerland (8.0 units)
- Bosnia and Herzegovina (5.0 units)
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