Price for Clock or Watch Parts; Dials in the Dominican Republic - 2023

Contents:

1. Price for Clock or Watch Parts; Dials in the Dominican Republic (CIF) - 2022
2. Imports of Clock or Watch Parts; Dials in the Dominican Republic

Price for Clock or Watch Parts; Dials in the Dominican Republic (CIF) - 2022

In 2022, the average import price for clock or watch parts; dialses amounted to $3,129 per unit, rising by 32% against the previous year. Overall, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2020 an increase of 287% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($159 per unit), while the price for the Netherlands ($2.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), while the prices for the other major suppliers experienced a decline.

Imports of Clock or Watch Parts; Dials in the Dominican Republic

For the third year in a row, the Dominican Republic recorded decline in purchases abroad of clock or watch parts; dialses, which decreased by -25% to 3 units in 2022. Overall, imports saw a dramatic descent. The smallest decline of -20% was in 2021. Over the period under review, imports attained the peak figure at 25 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, clock or watch parts; dials imports dropped to $9.4K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 154%. As a result, imports reached the peak of $9.7K, and then declined in the following year.

Top Suppliers of Clock or Watch Parts; Dials to the Dominican Republic in 2022:

1. United States (35.0 units)
2. China (18.0 units)
3. Netherlands (10.0 units)
4. Switzerland (6.0 units)

Source: IndexBox Market Intelligence Platform