Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Ecuador - 2022

Contents:

  1. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Ecuador (CIF) - 2022
  2. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Ecuador (FOB) - 2022
  3. Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Ecuador
  4. Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Ecuador

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Ecuador (CIF) - 2022

The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $6.4 per unit in 2022, with a decrease of -52% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 89%. Over the period under review, average import prices reached the peak figure at $25 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($24 per unit), while the price for China ($5.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Ecuador (FOB) - 2022

The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $148 per unit in 2022, approximately reflecting the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 63% against the previous year. As a result, the export price attained the peak level of $279 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +0.7% per year.

Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Ecuador

In 2022, approx. 630 units of watch cases; of base metal, whether or not gold-plated or silver-plated were imported into Ecuador; increasing by 218% compared with 2021 figures. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 304%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated skyrocketed to $4K in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 328%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.077.05553,546739.2%
Switzerland49.021072133690.0%
United States8.017.065.0129152.6%
Hong Kong SAR35.034.023.0N/A-18.9%
Spain95.02621,211N/A257.0%
Others6.014.053.0N/A197.2%
Total1996142,6284,011172.1%

Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to Ecuador in 2022:

  1. China (602.0 units)
  2. United States (14.0 units)
  3. Switzerland (14.0 units)

Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Ecuador

Exports of watch cases; of base metal, whether or not gold-plated or silver-plated from Ecuador was estimated at 1 units in 2022, stabilizing at 2021. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated stood at $148 in 2022. In general, exports recorded a relatively flat trend pattern. The smallest decline of -0.7% was in 2020. Over the period under review, the exports of attained the peak figure at $150 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland150149148148-0.4%
OthersN/AN/AN/AN/A0%
Total150149148148-0.4%

Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from Ecuador in 2022:

  1. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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