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

Contents:

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

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

In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $13 per unit, picking up by 2.7% against the previous year. Overall, the import price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 88%. As a result, import price reached the peak level of $40 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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 ($177 per unit), while the price for China totaled $13 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+15.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, supplies from abroad of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by -9.2% to 739 units in 2022. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 151%. Imports peaked at 814 units in 2021, and then declined in the following year.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated shrank to $10K in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 101% against the previous year. As a result, imports reached the peak of $11K, and then shrank in the following year.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.34.69.99.5216.4%
Switzerland1.60.60.50.4-37.0%
Hong Kong SAR1.2N/A0.1N/A-71.1%
Others0.2N/A0.20.1-20.6%
Total3.45.310.710.043.3%

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

  1. China (736.0 units)
  2. Switzerland (2.0 units)

Source: IndexBox Market Intelligence Platform

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