Price for Clock or Watch Parts; Dials in Switzerland - 2023
Contents:
- Price for Clock or Watch Parts; Dials in Switzerland (CIF) - 2023
- Price for Clock or Watch Parts; Dials in Switzerland (FOB) - 2022
- Imports of Clock or Watch Parts; Dials in Switzerland
- Exports of Clock or Watch Parts; Dials in Switzerland
Price for Clock or Watch Parts; Dials in Switzerland (CIF) - 2023
The average import price for clock or watch parts; dialses stood at $48.3 per unit in September 2023, picking up by 8.6% against the previous month. Overall, the import price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in February 2023 an increase of 34% against the previous month. Over the period under review, average import prices hit record highs at $62.0 per unit in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($105 per unit), while the price for Hong Kong SAR ($28.1 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Clock or Watch Parts; Dials in Switzerland (FOB) - 2022
In 2022, the average export price for clock or watch parts; dialses amounted to $3,136 per unit, with an increase of 72% against the previous year. In general, the export price posted significant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 180% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($52,566 per unit), while the average price for exports to India ($1,285 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 Japan (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock or Watch Parts; Dials in Switzerland
In 2022, approx. 32K units of clock or watch parts; dialses were imported into Switzerland; with a decrease of -13.9% compared with 2021 figures. Overall, imports saw a sharp contraction. Over the period under review, imports reached the maximum at 605K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, clock or watch parts; dials imports expanded notably to $119M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. Imports peaked at $120M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Clock or Watch Parts; Dials in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.2 | 31.9 | 52.1 | 55.0 | 0.5% |
| Thailand | 19.4 | 13.9 | 13.0 | 19.8 | 0.7% |
| Mauritius | 7.5 | 6.8 | 9.2 | 9.3 | 7.4% |
| Germany | 7.6 | 6.3 | 7.9 | 8.7 | 4.6% |
| India | 5.5 | 4.1 | 5.4 | 7.0 | 8.4% |
| Hong Kong SAR | 6.0 | 4.9 | 7.8 | 5.4 | -3.5% |
| Taiwan (Chinese) | 3.8 | 1.9 | 3.4 | 3.7 | -0.9% |
| Others | 16.3 | 16.7 | 8.8 | 9.7 | -15.9% |
| Total | 120 | 86.5 | 108 | 119 | -0.3% |
Top Suppliers of Clock or Watch Parts; Dials to Switzerland in 2022:
- China (45.2K units)
- India (5.6K units)
- Thailand (5.4K units)
- Hong Kong SAR (4.6K units)
- Mauritius (2.4K units)
- Germany (1.9K units)
- Taiwan (Chinese) (1.3K units)
Exports of Clock or Watch Parts; Dials in Switzerland
In 2022, the amount of clock or watch parts; dialses exported from Switzerland dropped dramatically to 19K units, which is down by -41.2% compared with the previous year's figure. Over the period under review, exports saw a sharp decline. The exports peaked at 65K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, clock or watch parts; dials exports reached $60M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Clock or Watch Parts; Dials in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.0 | 8.0 | 12.4 | 12.4 | 11.3% |
| United States | 6.1 | 4.4 | 6.5 | 6.7 | 3.2% |
| Japan | 3.9 | 3.3 | 4.7 | 6.0 | 15.4% |
| France | 3.3 | 2.6 | 4.7 | 4.6 | 11.7% |
| Netherlands | 2.9 | 2.8 | 4.1 | 4.2 | 13.1% |
| United Kingdom | 3.5 | 2.8 | 3.9 | 4.1 | 5.4% |
| Hong Kong SAR | 5.1 | 2.8 | 3.5 | 3.3 | -13.5% |
| China | 4.2 | 3.9 | 4.2 | 3.0 | -10.6% |
| Italy | 1.7 | 1.6 | 2.6 | 2.4 | 12.2% |
| Mauritius | 2.4 | 1.6 | 1.7 | 1.7 | -10.9% |
| Thailand | 1.4 | 1.1 | 0.6 | 1.1 | -7.7% |
| United Arab Emirates | 0.4 | 0.4 | 1.0 | 1.0 | 35.7% |
| India | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Others | 7.5 | 6.6 | 8.8 | 8.8 | 5.5% |
| Total | 51.5 | 42.1 | 58.8 | 59.6 | 5.0% |
Top Export Markets for Clock or Watch Parts; Dials from Switzerland in 2022:
- Germany (1.3K units)
- Mauritius (1.1K units)
- Thailand (0.8K units)
- Hong Kong SAR (0.8K units)
- United States (0.5K units)
- United Arab Emirates (0.4K units)
- France (0.4K units)
- India (0.2K units)
- China (0.2K units)
- United Kingdom (0.2K units)
- Netherlands (0.1K units)
- Italy (0.1K units)
- Japan (0.1K units)
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