Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Finland - 2023

Contents:

  1. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Finland (CIF) - 2023
  2. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Finland (FOB) - 2022
  3. Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Finland
  4. Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Finland

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Finland (CIF) - 2023

The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $75.9 per unit in October 2023, picking up by 25% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 296% against the previous month. Over the period under review, average import prices reached the peak figure at $77.3 per unit in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($84.7 per unit), while the price for China totaled $38.3 per unit.

From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+19.8%).

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

The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $254 per unit in 2022, growing by 1,946% against the previous year. Overall, the export price continues to indicate significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($1,224 per unit), while the average price for exports to Belarus amounted to $12 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+170.1%).

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

In 2022, overseas purchases of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by -86.5% to 235 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 107% against the previous year. As a result, imports attained the peak of 1.7K units, and then dropped notably in the following year.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated declined dramatically to $14K in 2022. In general, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 299%. As a result, imports attained the peak of $43K, and then fell rapidly in the following year.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A0.85.5587.5%
Hong Kong SAR0.10.131.63.7233.2%
SwedenN/AN/AN/A3.40%
Switzerland0.52.77.80.817.0%
China9.77.92.70.3-68.6%
Others0.10.1N/A0.226.0%
Total10.310.842.913.910.5%

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

  1. Hong Kong SAR (201.0 units)
  2. Sweden (19.0 units)
  3. United Kingdom (8.0 units)
  4. Switzerland (4.0 units)
  5. China (2.0 units)

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

In 2022, exports of watch cases; of base metal, whether or not gold-plated or silver-plated from Finland fell rapidly to 10 units, waning by -99.4% on the year before. In general, exports faced a dramatic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 428%. As a result, the exports reached the peak of 1.8K units, and then fell sharply in the following year.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated shrank rapidly to $2.5K in 2022. Over the period under review, exports continue to indicate a dramatic descent. The growth pace was the most rapid in 2021 when exports increased by 210%. As a result, the exports reached the peak of $22K, and then reduced sharply in the following year.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland8.03.63.82.4-33.1%
BelarusN/AN/AN/A0.10%
Hong Kong SAR8.33.415.3N/A35.8%
OthersN/AN/A2.7N/A0%
Total16.37.021.82.5-46.5%

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

  1. Belarus (8.0 units)
  2. Switzerland (2.0 units)

Source: IndexBox Market Intelligence Platform

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