Price for Watch Cases and Parts Thereof in Ireland - 2023
Contents:
- Price for Watch Cases and Parts Thereof in Ireland (CIF) - 2022
- Price for Watch Cases and Parts Thereof in Ireland (FOB) - 2022
- Imports of Watch Cases and Parts Thereof in Ireland
- Exports of Watch Cases and Parts Thereof in Ireland
Price for Watch Cases and Parts Thereof in Ireland (CIF) - 2022
The average import price for watch cases and parts thereoves stood at $24 per unit in 2022, remaining stable against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 65%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.
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 Switzerland ($63 per unit), while the price for China ($5.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Cases and Parts Thereof in Ireland (FOB) - 2022
In 2022, the average export price for watch cases and parts thereoves amounted to $11 per unit, remaining constant against the previous year. Over the period under review, the export price posted a prominent expansion. The pace of growth was the most pronounced in 2019 an increase of 86% against the previous year. Over the period under review, the average export prices reached the maximum at $23 per unit in 2020; however, from 2021 to 2022, the export prices remained at a 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 the UK ($15 per unit), while the average price for exports to the United States ($3.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+27.4%), while the prices for the other major destinations experienced a decline.
Imports of Watch Cases and Parts Thereof in Ireland
In 2022, approx. 5.4K units of watch cases and parts thereoves were imported into Ireland; leveling off at the previous year's figure. Overall, imports showed a remarkable increase. The smallest decline of -64.7% was in 2020. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, watch cases and parts thereof imports amounted to $131K in 2022. Over the period under review, imports showed significant growth. The smallest decline of -61.3% was in 2020. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Watch Cases and Parts Thereof in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.4 | 1.0 | N/A | 79.5 | 483.6% |
| United Kingdom | 2.5 | 3.2 | N/A | 25.4 | 116.6% |
| China | 38.3 | 8.3 | N/A | 7.6 | -41.7% |
| Sweden | N/A | N/A | N/A | 1.5 | 0% |
| Japan | 1.0 | 0.9 | N/A | 0.9 | -3.5% |
| Others | 1.0 | 3.2 | N/A | 16.4 | 154.1% |
| Total | 43.2 | 16.8 | N/A | 131 | 44.7% |
Top Suppliers of Watch Cases and Parts Thereof to Ireland in 2022:
- United Kingdom (1896.0 units)
- China (1394.0 units)
- Switzerland (1254.0 units)
- Sweden (236.0 units)
- Japan (71.0 units)
Exports of Watch Cases and Parts Thereof in Ireland
In 2022, overseas shipments of watch cases and parts thereoves decreased by 0% to 516 units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 486% against the previous year. As a result, the exports attained the peak of 568 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, watch cases and parts thereof exports stood at $5.5K in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 757% against the previous year. As a result, the exports reached the peak of $13K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Watch Cases and Parts Thereof in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.5 | 8.1 | N/A | 4.2 | 40.9% |
| Turkey | N/A | N/A | N/A | 0.5 | 0% |
| Russia | N/A | N/A | N/A | 0.4 | 0% |
| Switzerland | N/A | 3.1 | N/A | 0.2 | -74.6% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Canada | N/A | N/A | N/A | 0.1 | 0% |
| Hong Kong SAR | N/A | N/A | N/A | 0.1 | 0% |
| Netherlands | N/A | 1.6 | N/A | N/A | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 1.5 | 13.0 | N/A | 5.5 | 54.2% |
Top Export Markets for Watch Cases and Parts Thereof from Ireland in 2022:
- United Kingdom (288.0 units)
- Turkey (87.0 units)
- Russia (61.0 units)
- Switzerland (35.0 units)
- United States (17.0 units)
- Canada (17.0 units)
- Hong Kong SAR (9.0 units)
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