Price for Clock or Watch Parts; Dials in Sri Lanka - 2021

Contents:

1. Price for Clock or Watch Parts; Dials in Sri Lanka (CIF) - 2022
2. Imports of Clock or Watch Parts; Dials in Sri Lanka

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

In 2022, the average import price for clock or watch parts; dialses amounted to $2,921 per unit, with an increase of 23% against the previous year. Overall, the import price showed prominent growth. The pace of growth was the most pronounced in 2016 an increase of 346%. As a result, import price reached the peak level of $5,827 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($59 per unit), while the price for Switzerland ($9.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Clock or Watch Parts; Dials in Sri Lanka

In 2022, after two years of decline, there was significant growth in supplies from abroad of clock or watch parts; dialses, when their volume increased by 100% to 2 units. Overall, imports, however, faced a sharp slump. Over the period under review, imports hit record highs at 25 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, clock or watch parts; dials imports soared to $5.8K in 2022. In general, imports enjoyed a moderate expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. India (67.0 units)
2. China (22.0 units)
3. Hong Kong SAR (20.0 units)
4. Switzerland (9.0 units)

Source: IndexBox Market Intelligence Platform