Price for Clock or Watch Parts; Plates and Bridges in China - 2023

Contents:

1. Price for Clock or Watch Parts; Plates and Bridges in China (CIF) - 2022
2. Price for Clock or Watch Parts; Plates and Bridges in China (FOB) - 2022
3. Imports of Clock or Watch Parts; Plates and Bridges in China
4. Exports of Clock or Watch Parts; Plates and Bridges in China

Price for Clock or Watch Parts; Plates and Bridges in China (CIF) - 2022

The average import price for clock or watch parts; plates and bridgeses stood at $1,198,071 per ton in 2022, picking up by 76% against the previous year. Overall, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 151%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($1,328,962 per ton), while the price for Hong Kong SAR ($166,241 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Clock or Watch Parts; Plates and Bridges in China (FOB) - 2022

In 2022, the average export price for clock or watch parts; plates and bridgeses amounted to $167,616 per ton, waning by -44.1% against the previous year. Overall, the export price showed a deep reduction. The growth pace was the most rapid in 2020 an increase of 199%. The export price peaked at $939,693 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 Japan ($1,913,702 per ton), while the average price for exports to Pakistan ($2,280 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+258.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clock or Watch Parts; Plates and Bridges in China

In 2022, imports of clock or watch parts; plates and bridgeses into China dropped notably to 12 tons, declining by -35.1% against 2021 figures. In general, imports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 11%.

In value terms, imports of clock or watch parts; plates and bridgeses stood at $14M in 2022. Overall, imports saw a pronounced shrinkage.

Top Suppliers of Clock or Watch Parts; Plates and Bridges to China in 2022:

1. Japan (11.5 tons)
2. Switzerland (0.4 tons)

Exports of Clock or Watch Parts; Plates and Bridges in China

In 2022, exports of clock or watch parts; plates and bridgeses from China dropped remarkably to 3 tons, waning by -60.3% compared with the previous year. Over the period under review, exports faced a sharp shrinkage. The smallest decline of -44.8% was in 2021.

In value terms, exports of clock or watch parts; plates and bridgeses contracted notably to $506K in 2022. In general, exports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year.

Top Export Markets for Clock or Watch Parts; Plates and Bridges from China in 2022:

1. Pakistan (1427.0 kg)
2. Hong Kong SAR (844.0 kg)
3. Taiwan (Chinese) (214.0 kg)
4. Switzerland (120.0 kg)
5. Japan (104.0 kg)
6. South Korea (97.0 kg)
7. Myanmar (80.0 kg)

Source: IndexBox Market Intelligence Platform