Price for Clock or Watch Parts; Plates and Bridges in Russia - 2022

Contents:

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

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

In 2022, the average import price for clock or watch parts; plates and bridgeses amounted to $364,565 per ton, falling by -50.2% against the previous year. In general, the import price continues to indicate a sharp downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 118% against the previous year. The import price peaked at $6,901,500 per ton in 2012; however, from 2013 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 the United Arab Emirates ($508,000 per ton), while the price for Kazakhstan ($13,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+60.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for clock or watch parts; plates and bridgeses amounted to $973,500 per ton, rising by 3,257% against the previous year. In general, the export price enjoyed prominent growth. The export price peaked at $1,026,800 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($1,857,000 per ton), while the average price for exports to Switzerland stood at $90,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (-21.3%).

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

In 2022, overseas purchases of clock or watch parts; plates and bridgeses decreased by -67.6% to 23 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports faced a sharp contraction. The smallest decline of -26.8% was in 2020.

In value terms, imports of clock or watch parts; plates and bridgeses shrank remarkably to $8.4K in 2022. Overall, imports showed a precipitous slump. The smallest decline of -6.5% was in 2021.

Import of Clock or Watch Parts; Plates and Bridges in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland77.654.647.26.5-56.2%
United Arab EmiratesN/AN/A2.41.0-58.3%
Lithuania0.11.02.40.791.3%
ChinaN/AN/AN/A0.10%
KazakhstanN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total77.655.652.08.4-52.3%

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

  1. Switzerland (14.0 kg)
  2. China (3.0 kg)
  3. Lithuania (3.0 kg)
  4. United Arab Emirates (2.0 kg)
  5. Kazakhstan (1.0 kg)

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

In 2022, approx. 2 kg of clock or watch parts; plates and bridgeses were exported from Russia; growing by 100% compared with the year before. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of clock or watch parts; plates and bridgeses skyrocketed to $1.9K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Clock or Watch Parts; Plates and Bridges in Russia (USD)
COUNTRY20212022CAGR,
2021-2022
KazakhstanN/A1,8570%
Switzerland29.090.0210.3%
OthersN/AN/A0%
Total29.01,9476613.8%

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

  1. Switzerland (1.0 kg)
  2. Kazakhstan (1.0 kg)

Source: IndexBox Market Intelligence Platform

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