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

Contents:

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

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

The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $15 per unit in 2022, surging by 4.4% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2013 an increase of 40%. Over the period under review, average import prices attained the maximum at $16 per unit in 2017; however, from 2018 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 Switzerland ($86 per unit), while the price for Luxembourg ($9.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+25.3%), 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 France (FOB) - 2023

In October 2023, the average export price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $21.9 per unit, surging by 23% against the previous month. Over the period under review, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in August 2023 an increase of 263% m-o-m. As a result, the export price reached the peak level of $56.4 per unit. From September 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($94.4 per unit), while the average price for exports to Hong Kong SAR ($3.4 per unit) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of watch cases; of base metal, whether or not gold-plated or silver-plated imported into France declined to 566K units, falling by -10% compared with 2021 figures. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of 629K units, and then reduced in the following year.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated contracted to $8.3M in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of $8.8M, and then contracted in the following year.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.23.75.15.1-0.6%
Hong Kong SAR1.00.92.01.719.3%
Switzerland2.10.40.70.8-27.5%
LuxembourgN/A0.50.70.69.5%
Others0.10.10.30.10.0%
Total8.35.68.88.30.0%

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

  1. China (395.4K units)
  2. Hong Kong SAR (99.1K units)
  3. Luxembourg (59.5K units)
  4. Switzerland (9.2K units)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of watch cases; of base metal, whether or not gold-plated or silver-plated, when their volume increased by 29% to 30K units. Over the period under review, exports, however, showed a noticeable contraction. Over the period under review, the exports of attained the peak figure at 34K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated reduced notably to $813K in 2022. In general, exports, however, saw a dramatic setback. The exports peaked at $3M 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 France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1,3861,230614363-36.0%
Germany13710868.4123-3.5%
Netherlands327110115111-30.2%
Hong Kong SAR37.324.728.344.25.8%
Taiwan (Chinese)2.22.46.431.7143.3%
ChinaN/AN/A0.117.417300.0%
Slovakia0.1N/A0.313.6414.3%
Portugal75111024.65.6-80.5%
Algeria43.0N/A79.90.1-86.8%
Others304144115104-30.1%
Total2,9871,7291,052813-35.2%

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

  1. Switzerland (9.1K units)
  2. Netherlands (4.2K units)
  3. Germany (4.1K units)
  4. Hong Kong SAR (4.1K units)
  5. Taiwan (Chinese) (2.3K units)
  6. China (1.3K units)
  7. Slovakia (0.6K units)
  8. Portugal (0.3K units)

Source: IndexBox Market Intelligence Platform

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