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

Contents:

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

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

In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $19 per unit, rising by 71% against the previous year. In general, the import price, however, showed a abrupt downturn. Over the period under review, average import prices hit record highs at $41 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -5.7% per year.

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

In 2022, overseas purchases of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by -35.2% to 300 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 173% against the previous year. Over the period under review, imports of hit record highs at 463 units in 2021, and then declined rapidly in the following year.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated expanded sharply to $5.6K in 2022. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 101%. Over the period under review, imports of reached the peak figure 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 Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.23.15.15.636.5%
Hong Kong SARN/A1.4N/AN/A0%
Others0.10.1N/AN/A0.0%
Total2.34.65.15.634.5%

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

  1. China (300.0 units)

Source: IndexBox Market Intelligence Platform

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