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

Contents:

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

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

In 2022, the average import price for clock or watch parts; plates and bridgeses amounted to $3,886 per ton, with a decrease of -81.6% against the previous year. Over the period under review, the import price faced a drastic downturn. The pace of growth was the most pronounced in 2018 an increase of 84% against the previous year. Over the period under review, average import prices hit record highs at $28,697 per ton in 2013; however, from 2014 to 2022, 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 Hong Kong SAR ($26,252 per ton), while the price for China ($2,872 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-3.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for clock or watch parts; plates and bridgeses stood at $66,665 per ton in 2022, increasing by 78% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 an increase of 340%. The export price peaked at $372,758 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($412,859 per ton), while the average price for exports to Malaysia ($1,867 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 Turkey (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of clock or watch parts; plates and bridgeses was finally on the rise to reach 46 tons after two years of decline. In general, imports, however, recorded a abrupt curtailment.

In value terms, imports of clock or watch parts; plates and bridgeses soared to $179K in 2022. Overall, imports, however, showed a precipitous slump.

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

1. China (43.0 tons)
2. Hong Kong SAR (1.5 tons)
3. Switzerland (0.9 tons)
4. Taiwan (Chinese) (0.8 tons)

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

In 2022, the amount of clock or watch parts; plates and bridgeses exported from India rose markedly to 540 kg, surging by 12% compared with the previous year's figure. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 274%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of clock or watch parts; plates and bridgeses skyrocketed to $36K in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,546%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.

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

1. Bangladesh (176.0 kg)
2. Bhutan (152.0 kg)
3. Switzerland (71.0 kg)
4. United Kingdom (50.0 kg)
5. Turkey (41.0 kg)
6. United Arab Emirates (31.0 kg)
7. Malaysia (15.0 kg)
8. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform