Price for Clock or Watch Parts; Dials in Vietnam - 2022
Contents:
- Price for Clock or Watch Parts; Dials in Vietnam (CIF) - 2022
- Price for Clock or Watch Parts; Dials in Vietnam (FOB) - 2022
- Imports of Clock or Watch Parts; Dials in Vietnam
- Exports of Clock or Watch Parts; Dials in Vietnam
Price for Clock or Watch Parts; Dials in Vietnam (CIF) - 2022
In 2022, the average import price for clock or watch parts; dialses amounted to $1,816 per unit, declining by -78.7% against the previous year. Overall, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2016 an increase of 845% against the previous year. As a result, import price attained the peak level of $15,920 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($582 per unit), while the price for the Philippines ($47 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-5.3%), while the prices for the other major suppliers experienced a decline.
Price for Clock or Watch Parts; Dials in Vietnam (FOB) - 2022
The average export price for clock or watch parts; dialses stood at $1,771 per unit in 2022, with a decrease of -78.9% against the previous year. Over the period under review, the export price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 788%. As a result, the export price attained the peak level of $8,385 per unit, and then reduced rapidly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($506 per unit), while the average price for exports to Taiwan (Chinese) ($27 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 Austria (+6.6%), while the prices for the other major destinations experienced a decline.
Imports of Clock or Watch Parts; Dials in Vietnam
In 2022, overseas purchases of clock or watch parts; dialses were finally on the rise to reach 28 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a sharp descent. Over the period under review, imports attained the maximum at 564 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, clock or watch parts; dials imports skyrocketed to $51K in 2022. In general, imports, however, saw a significant decline. Imports peaked at $119K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Clock or Watch Parts; Dials in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 71.1 | 31.8 | 15.2 | 45.9 | -13.6% |
| Japan | 43.5 | 20.6 | 21.4 | 2.2 | -63.0% |
| Philippines | 0.1 | 0.1 | N/A | 1.6 | 152.0% |
| Others | 3.9 | 6.5 | 6.1 | 1.2 | -32.5% |
| Total | 119 | 59.0 | 42.7 | 50.9 | -24.7% |
Top Suppliers of Clock or Watch Parts; Dials to Vietnam in 2022:
- China (911.0 units)
- Philippines (35.0 units)
- Japan (4.0 units)
Exports of Clock or Watch Parts; Dials in Vietnam
In 2022, approx. 9 units of clock or watch parts; dialses were exported from Vietnam; picking up by 350% compared with the previous year's figure. In general, exports, however, showed a dramatic slump. The exports peaked at 16 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, clock or watch parts; dials exports fell modestly to $16K in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. The exports peaked at $17K in 2021, and then declined in the following year.
| Export of Clock or Watch Parts; Dials in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | N/A | N/A | 9.0 | 0% |
| United States | 1.7 | 1.7 | 1.4 | 1.9 | 3.8% |
| China | 2.9 | 3.2 | 1.9 | 0.7 | -37.7% |
| Hong Kong SAR | 1.3 | 3.1 | 1.1 | 0.6 | -22.7% |
| Taiwan (Chinese) | 0.5 | 0.5 | 0.9 | 0.3 | -15.7% |
| Singapore | N/A | 0.1 | 0.3 | 0.1 | 0.0% |
| Austria | 0.2 | 0.2 | 0.4 | 0.1 | -20.6% |
| Japan | 0.3 | 0.3 | 0.4 | 0.1 | -30.7% |
| South Africa | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Others | 3.8 | 5.7 | 10.4 | 3.3 | -4.6% |
| Total | 11.0 | 15.1 | 16.8 | 15.9 | 13.1% |
Top Export Markets for Clock or Watch Parts; Dials from Vietnam in 2022:
- Philippines (31.0 units)
- Taiwan (Chinese) (9.0 units)
- United States (7.0 units)
- Japan (3.0 units)
- Hong Kong SAR (3.0 units)
- China (2.0 units)
- Singapore (1.0 units)
- South Africa (1.0 units)
- Austria (1.0 units)
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