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

Contents:

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

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

The average import price for clock or watch parts; plates and bridgeses stood at $127,011 per ton in 2022, jumping by 41% against the previous year. In general, the import price saw significant growth. The growth pace was the most rapid in 2013 when the average import price increased by 824% against the previous year. Over the period under review, average import prices reached the peak figure at $272,250 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($1,888,667 per ton), while the price for Switzerland ($76,603 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+526.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for clock or watch parts; plates and bridgeses stood at $105,111 per ton in 2022, approximately equating the previous year. In general, the export price continues to indicate a deep setback. The growth pace was the most rapid in 2019 an increase of 608% against the previous year. The export price peaked at $294,750 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2014 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +210.2% per year.

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

In 2022, approx. 285 kg of clock or watch parts; plates and bridgeses were imported into Finland; increasing by 1,257% on the previous year. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 2,000% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of clock or watch parts; plates and bridgeses skyrocketed to $36K in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,888% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Clock or Watch Parts; Plates and Bridges in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland2.90.11.318.986.8%
China3.5N/A0.23.60.9%
United KingdomN/AN/A0.22.61200.0%
Taiwan (Chinese)N/AN/AN/A2.20%
NorwayN/AN/AN/A1.50%
Others0.4N/A0.27.4164.5%
Total6.70.11.936.275.5%

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

  1. Switzerland (247.0 kg)
  2. China (13.0 kg)
  3. Taiwan (Chinese) (9.0 kg)
  4. Norway (7.0 kg)
  5. United Kingdom (5.0 kg)

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

In 2022, approx. 9 kg of clock or watch parts; plates and bridgeses were exported from Finland; flattening at the year before. Overall, exports recorded significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of clock or watch parts; plates and bridgeses amounted to $946 in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 220% against the previous year. As a result, the exports reached the peak of $1.2K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Clock or Watch Parts; Plates and Bridges in Finland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland3131,118N/A94644.6%
Hong Kong SAR33.0N/AN/AN/A0%
China22.06.0N/AN/A-72.7%
Taiwan (Chinese)N/A55.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total3681,179N/A94637.0%

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

  1. Switzerland (9.0 kg)

Source: IndexBox Market Intelligence Platform

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