Price for Clock or Watch Parts; Dials in Denmark - 2023

Contents:

1. Price for Clock or Watch Parts; Dials in Denmark (CIF) - 2022
2. Price for Clock or Watch Parts; Dials in Denmark (FOB) - 2022
3. Imports of Clock or Watch Parts; Dials in Denmark
4. Exports of Clock or Watch Parts; Dials in Denmark

Price for Clock or Watch Parts; Dials in Denmark (CIF) - 2022

The average import price for clock or watch parts; dialses stood at $2,515 per unit in 2022, dropping by -36.6% against the previous year. Over the period under review, the import price continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2020 when the average import price increased by 364% against the previous year. Over the period under review, average import prices hit record highs at $5,533 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($1,443 per unit), while the price for China ($155 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Clock or Watch Parts; Dials in Denmark (FOB) - 2022

The average export price for clock or watch parts; dialses stood at $912 per unit in 2022, which is down by -62.4% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 246%. As a result, the export price attained the peak level of $2,427 per unit, and then dropped remarkably 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 Germany ($550 per unit), while the average price for exports to Norway ($127 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 Sweden (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clock or Watch Parts; Dials in Denmark

In 2022, overseas purchases of clock or watch parts; dialses were finally on the rise to reach 90 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a sharp slump. Imports peaked at 397 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, clock or watch parts; dials imports reached $226K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Clock or Watch Parts; Dials to Denmark in 2022:

1. Switzerland (145.0 units)
2. China (53.0 units)
3. Sweden (11.0 units)

Exports of Clock or Watch Parts; Dials in Denmark

In 2022, the amount of clock or watch parts; dialses exported from Denmark soared to 7 units, growing by 133% compared with the previous year's figure. Overall, exports, however, showed a dramatic downturn. Over the period under review, the exports attained the maximum at 11 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, clock or watch parts; dials exports contracted to $6.3K in 2022. In general, exports, however, recorded a pronounced contraction. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year. As a result, the exports reached the peak of $7.7K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Clock or Watch Parts; Dials from Denmark in 2022:

1. Hong Kong SAR (13.0 units)
2. Norway (8.0 units)
3. United States (2.0 units)
4. Greenland (1.0 units)
5. China (1.0 units)
6. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform