Price for Clock or Watch Parts; Dials in Russia - 2022

Contents:

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

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

The average import price for clock or watch parts; dialses stood at $2,840 per unit in 2022, shrinking by -74.5% against the previous year. Over the period under review, the import price recorded a deep setback. The growth pace was the most rapid in 2016 an increase of 1,583% against the previous year. As a result, import price attained the peak level of $30,389 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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 Hong Kong SAR ($1,959 per unit), while the price for China stood at $276 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-6.0%).

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

In 2022, the average export price for clock or watch parts; dialses amounted to $2,329 per unit, shrinking by -62.9% against the previous year. Over the period under review, the export price, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 740% against the previous year. As a result, the export price reached the peak level of $6,280 per unit, and then shrank sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.

From 2020 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to +687.8% per year.

Imports of Clock or Watch Parts; Dials in Russia

In 2022, after two years of decline, there was significant growth in overseas purchases of clock or watch parts; dialses, when their volume increased by 201% to 259 units. Over the period under review, imports, however, showed a precipitous decrease. Imports peaked at 3.8K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, clock or watch parts; dials imports contracted markedly to $735K in 2022. In general, imports, however, continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of 86% against the previous year. As a result, imports reached the peak of $957K, and then reduced markedly in the following year.

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

1. China (2089.0 units)
2. Hong Kong SAR (58.0 units)
3. Switzerland (14.0 units)
4. Thailand (7.0 units)

Exports of Clock or Watch Parts; Dials in Russia

Clock or watch parts; dials exports from Russia skyrocketed to 4 units in 2022, picking up by 100% on the year before. Overall, exports, however, faced a deep contraction. Over the period under review, the exports hit record highs at 5 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, clock or watch parts; dials exports shrank notably to $8.2K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 236% against the previous year. As a result, the exports reached the peak of $13K, and then contracted markedly in the following year.

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

1. Kyrgyzstan (13.0 units)

Source: IndexBox Market Intelligence Platform