Israel - Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrecious Metal Watch Price in Israel - 2023
Contents:
- Precious Metal Watch Price in Israel (FOB) - 2022
- Precious Metal Watch Price in Israel (CIF) - 2022
- Precious Metal Watch Exports in Israel
- Precious Metal Watch Imports in Israel
Precious Metal Watch Price in Israel (FOB) - 2022
In 2022, the average precious metal watch export price amounted to $22,459 per unit, with a decrease of -50.6% against the previous year. In general, the export price, however, recorded a buoyant expansion. The growth pace was the most rapid in 2021 an increase of 105%. As a result, the export price reached the peak level of $45,480 per unit, and then reduced rapidly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($102,821 per unit), while the average price for exports to Cyprus ($750 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 UK (+14.2%), while the prices for the other major destinations experienced mixed trend patterns.
Precious Metal Watch Price in Israel (CIF) - 2022
The average precious metal watch import price stood at $12,530 per unit in 2022, waning by -10.2% against the previous year. In general, the import price, however, recorded significant growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 3,837% against the previous year. The import price peaked at $22,985 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Italy ($39,218 per unit), while the price for Australia ($69 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+48.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Precious Metal Watch Exports in Israel
In 2022, approx. 1K units of precious metal watches were exported from Israel; picking up by 78% compared with the previous year. Overall, exports, however, saw a pronounced contraction. The exports peaked at 1.2K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, precious metal watch exports contracted to $22M in 2022. Over the period under review, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 0.8% against the previous year. As a result, the exports reached the peak of $27M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Precious Metal Watch in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.6 | 14.9 | 19.4 | 16.7 | 0.2% |
| Hong Kong SAR | 3.3 | 3.4 | 3.6 | 2.8 | -5.3% |
| Switzerland | 0.8 | 1.3 | 0.9 | 0.9 | 4.0% |
| Turkey | N/A | N/A | N/A | 0.4 | 0% |
| Singapore | 0.7 | 0.7 | 0.2 | 0.3 | -24.6% |
| Australia | 0.2 | 0.2 | N/A | 0.1 | -20.6% |
| Portugal | N/A | N/A | N/A | 0.1 | 0% |
| United Kingdom | 1.2 | 5.6 | 0.6 | 0.1 | -56.3% |
| Russia | N/A | N/A | N/A | 0.1 | 0% |
| China | 1.8 | N/A | N/A | N/A | 0% |
| Senegal | N/A | 0.2 | 0.2 | N/A | 0.0% |
| Others | 2.3 | 1.0 | 0.7 | 1.0 | -24.2% |
| Total | 27.0 | 27.2 | 25.6 | 22.5 | -5.9% |
Top Export Markets for Precious Metal Watch from Israel in 2022:
- Singapore (360.0 units)
- Turkey (274.0 units)
- United States (162.0 units)
- Portugal (47.0 units)
- Hong Kong SAR (30.0 units)
- Russia (26.0 units)
- Switzerland (24.0 units)
- Australia (6.0 units)
- United Kingdom (2.0 units)
Precious Metal Watch Imports in Israel
In 2022, the amount of precious metal watches imported into Israel dropped to 1.3K units, waning by -7.4% against the previous year. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 256%. As a result, imports attained the peak of 1.4K units, and then fell in the following year.
In value terms, precious metal watch imports declined remarkably to $16M in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 116% against the previous year. As a result, imports attained the peak of $20M, and then reduced rapidly in the following year.
| Import of Precious Metal Watch in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 5.1 | 5.5 | 12.6 | 9.5 | 23.0% |
| Italy | 1.9 | 2.3 | 2.8 | 3.1 | 17.7% |
| United States | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Japan | N/A | N/A | 0.1 | 0.1 | 0.0% |
| United Kingdom | 0.2 | N/A | 0.3 | N/A | 22.5% |
| Finland | N/A | N/A | N/A | N/A | 0% |
| Australia | N/A | N/A | N/A | N/A | 0% |
| Others | 0.7 | 1.0 | 3.5 | 3.4 | 69.4% |
| Total | 8.1 | 9.1 | 19.6 | 16.3 | 26.3% |
Top Suppliers of Precious Metal Watch to Israel in 2022:
- Switzerland (540.0 units)
- Japan (302.0 units)
- Finland (187.0 units)
- Australia (130.0 units)
- Italy (78.0 units)
- United States (16.0 units)
- United Kingdom (8.0 units)
This report provides an in-depth analysis of the precious metal watch market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521100 - Wrist-watches, pocket-watches, with case of precious metal or of metal clad with precious metal
Country coverage:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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