Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Malaysia - 2024

Contents:

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

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

In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $48 per unit, surging by 116% against the previous year. Overall, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2021 an increase of 258% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($89 per unit), while the price for China stood at $37 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+93.3%), 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 Malaysia (FOB) - 2022

In 2022, the average export price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $262 per unit, growing by 863% against the previous year. In general, the export price showed a significant expansion. Over the period under review, the average export prices attained the peak figure at $368 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($915 per unit), while the average price for exports to Switzerland totaled $148 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+15,141.7%), 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 Malaysia

In 2022, the amount of watch cases; of base metal, whether or not gold-plated or silver-plated imported into Malaysia fell rapidly to 6.3K units, with a decrease of -70.9% on the year before. In general, imports continue to indicate a sharp contraction. The smallest decline of -30.5% was in 2020. Over the period under review, imports of reached the maximum at 75K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated fell sharply to $303K in 2022. Over the period under review, imports showed a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 48%. Over the period under review, imports of attained the maximum at $726K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.8107377188188.9%
Hong Kong SAR12965.794.7106-6.3%
Singapore579147N/AN/A-74.6%
Others10.35.912.39.7-2.0%
Total726326484303-25.3%

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

  1. China (5.1K units)
  2. Hong Kong SAR (1.2K units)

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

In 2022, overseas shipments of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by 99.9% to 27 units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 196%. As a result, the exports reached the peak of 582K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated contracted significantly to $7.1K in 2022. Overall, exports faced a dramatic shrinkage. The smallest decline of -30.8% was in 2021. Over the period under review, the exports of attained the maximum at $27M 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 Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR0.70.70.2N/A-46.5%
Japan24.216.112.0N/A-29.6%
SwitzerlandN/AN/AN/AN/A0%
China1.70.6N/AN/A-64.7%
Brunei DarussalamN/AN/AN/AN/A0%
OthersN/A0.20.1N/A-50.0%
Total26.617.712.2N/A-32.3%

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

  1. Switzerland (23.0 units)
  2. Brunei Darussalam (4.0 units)

Source: IndexBox Market Intelligence Platform

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