Price for Clock or Watch Parts; Dials in the United States - 2023

Contents:

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

Price for Clock or Watch Parts; Dials in the United States (CIF) - 2022

The average import price for clock or watch parts; dialses stood at $36 per unit in 2022, dropping by -9.3% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +8.7%. The most prominent rate of growth was recorded in 2021 an increase of 30%. As a result, import price reached the peak level of $40 per unit, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($91 per unit), while the price for Thailand ($23 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+118.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clock or Watch Parts; Dials in the United States (FOB) - 2022

In 2022, the average export price for clock or watch parts; dialses amounted to $304 per unit, reducing by -39.8% against the previous year. In general, the export price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 101% against the previous year. As a result, the export price reached the peak level of $505 per unit, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,466 per unit), while the average price for exports to Bermuda ($25 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+844.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clock or Watch Parts; Dials in the United States

Clock or watch parts; dials imports into the United States expanded notably to 257K units in 2022, surging by 15% on the year before. Overall, imports, however, recorded a slight descent. Imports peaked at 263K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, clock or watch parts; dials imports amounted to $9.3M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Clock or Watch Parts; Dials in the United States (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Switzerland6.36.96.51.6%
China1.21.52.235.4%
Germany0.10.30.373.2%
Thailand0.10.10.10.0%
Others0.40.20.2-29.3%
Total8.19.09.37.2%

Top Suppliers of Clock or Watch Parts; Dials to the United States in 2022:

  1. Switzerland (217.3K units)
  2. China (23.8K units)
  3. Germany (8.6K units)
  4. Thailand (5.3K units)

Exports of Clock or Watch Parts; Dials in the United States

In 2022, approx. 2K units of clock or watch parts; dialses were exported from the United States; picking up by 17% compared with the previous year. Overall, exports enjoyed a moderate increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, clock or watch parts; dials exports contracted markedly to $602K in 2022. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 83%. As a result, the exports attained the peak of $855K, and then contracted sharply in the following year.

Export of Clock or Watch Parts; Dials in the United States (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Switzerland17670136243.4%
Hong Kong SAR142N/A91.9-19.6%
Canada10.834.627.459.3%
JapanN/A4.120.4397.6%
United Kingdom7.5N/A14.740.0%
Dominican RepublicN/A12.613.57.1%
BermudaN/AN/A3.50%
United Arab Emirates90.3N/AN/A0%
SingaporeN/A32.3N/A0%
Others39.470.569.532.8%
Total46785560213.5%

Top Export Markets for Clock or Watch Parts; Dials from the United States in 2022:

  1. Hong Kong SAR (1072.0 units)
  2. Switzerland (502.0 units)
  3. Bermuda (142.0 units)
  4. Dominican Republic (77.0 units)
  5. Japan (61.0 units)
  6. Canada (31.0 units)
  7. United Kingdom (10.0 units)

Source: IndexBox Market Intelligence Platform

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