China - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Plastic or Non-Precious Metal Watch in China - 2023
Contents:
- Price for Plastic or Non-Precious Metal Watch in China (CIF) - 2023
- Price for Plastic or Non-Precious Metal Watch in China (FOB) - 2023
- Imports of Plastic or Non-Precious Metal Watch in China
- Exports of Plastic or Non-Precious Metal Watch in China
Price for Plastic or Non-Precious Metal Watch in China (CIF) - 2023
The average import price for plastic or non-precious metal watches stood at $239 per unit in September 2023, reducing by -1.8% against the previous month. In general, the import price recorded a mild decline. The most prominent rate of growth was recorded in January 2023 an increase of 38% month-to-month. The import price peaked at $336 per unit in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Switzerland ($949 per unit), while the price for Thailand ($30.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Plastic or Non-Precious Metal Watch in China (FOB) - 2023
In September 2023, the average export price for plastic or non-precious metal watches amounted to $3.4 per unit, almost unchanged from the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 73% month-to-month. As a result, the export price reached the peak level of $4.8 per unit. From March 2023 to September 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Japan ($12.0 per unit), while the average price for exports to Uruguay ($334 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Plastic or Non-Precious Metal Watch in China
In 2022, the amount of plastic or non-precious metal watches imported into China rose significantly to 13M units, surging by 11% on the year before. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, plastic or non-precious metal watch imports shrank sharply to $2.7B in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 26%. Over the period under review, imports hit record highs at $3.2B in 2021, and then shrank sharply in the following year.
| Import of Plastic or Non-Precious Metal Watch in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1,717 | 2,086 | 2,693 | 2,258 | 9.6% |
| Japan | 162 | 136 | 134 | 142 | -4.3% |
| Thailand | 123 | 124 | 121 | 99.4 | -6.9% |
| Others | 64.4 | 268 | 297 | 182 | 41.4% |
| Total | 2,067 | 2,613 | 3,245 | 2,681 | 9.1% |
Top Suppliers of Plastic or Non-Precious Metal Watch to China in 2022:
- Thailand (3.6M units)
- Japan (2.5M units)
- Switzerland (2.4M units)
Exports of Plastic or Non-Precious Metal Watch in China
In 2022, approx. 546M units of plastic or non-precious metal watches were exported from China; picking up by 27% against the year before. Overall, exports, however, recorded a abrupt downturn. The exports peaked at 655M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, plastic or non-precious metal watch exports expanded sharply to $1.9B in 2022. Over the period under review, exports, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Over the period under review, the exports attained the maximum at $2.2B in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Plastic or Non-Precious Metal Watch in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 270 | 210 | 159 | 153 | -17.2% |
| Japan | 107 | 70.3 | 88.4 | 97.4 | -3.1% |
| Singapore | 18.0 | 24.1 | 16.5 | 82.3 | 66.0% |
| Germany | 110 | 65.0 | 65.4 | 72.7 | -12.9% |
| Malaysia | 24.4 | 24.8 | 58.4 | 63.5 | 37.6% |
| India | 35.8 | 17.9 | 30.3 | 62.5 | 20.4% |
| Saudi Arabia | 48.3 | 27.3 | 35.6 | 53.4 | 3.4% |
| United Arab Emirates | 156 | 22.6 | 29.4 | 50.4 | -31.4% |
| Indonesia | 33.4 | 25.3 | 30.3 | 46.5 | 11.7% |
| Mexico | 6.6 | 6.3 | 11.8 | 19.4 | 43.2% |
| Uruguay | 6.8 | 4.0 | 5.0 | 13.8 | 26.6% |
| Colombia | 12.3 | 10.9 | 12.6 | 12.5 | 0.5% |
| South Africa | 8.5 | 6.7 | 10.2 | 11.2 | 9.6% |
| Others | 1,346 | 909 | 1,240 | 1,157 | -4.9% |
| Total | 2,184 | 1,424 | 1,793 | 1,896 | -4.6% |
Top Export Markets for Plastic or Non-Precious Metal Watch from China in 2022:
- India (94.5M units)
- United States (42.5M units)
- Singapore (27.7M units)
- Saudi Arabia (24.7M units)
- Uruguay (21.1M units)
- Indonesia (16.7M units)
- Japan (14.7M units)
- Mexico (12.8M units)
- Malaysia (12.4M units)
- United Arab Emirates (12.1M units)
- Germany (9.3M units)
- Colombia (8.8M units)
- South Africa (7.4M units)
This report provides an in-depth analysis of the market for plastic or non-precious metal watch in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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