Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in South Africa - 2024
Contents:
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in South Africa (CIF) - 2022
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in South Africa (FOB) - 2022
- Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in South Africa
- Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in South Africa
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in South Africa (CIF) - 2022
In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $8.3 per unit, declining by -10.1% against the previous year. Overall, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 52%. As a result, import price reached the peak level of $27 per unit. From 2015 to 2022, the average import prices remained at a somewhat 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 Indonesia ($30 per unit), while the price for Hong Kong SAR ($8.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+52.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in South Africa (FOB) - 2022
In 2022, the average export price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $146 per unit, with an increase of 5,976% against the previous year. In general, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($325 per unit), while the average price for exports to Lesotho ($7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+67.2%), 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 South Africa
After three years of growth, supplies from abroad of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by -15.5% to 77K units in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 969%. Over the period under review, imports of reached the peak figure at 92K units in 2021, and then declined notably in the following year.
In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated dropped sharply to $641K in 2022. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 410% against the previous year. Imports peaked at $845K in 2021, and then shrank sharply in the following year.
| Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 0.5 | 57.5 | 546 | 244 | 687.3% |
| China | 9.7 | 104 | 215 | 38.1 | 57.8% |
| Indonesia | N/A | N/A | 44.9 | 1.4 | -96.9% |
| Others | 25.9 | 22.7 | 38.1 | 357 | 139.8% |
| Total | 36.1 | 184 | 845 | 641 | 160.9% |
Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to South Africa in 2022:
- Hong Kong SAR (28.6K units)
- China (3.5K units)
Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in South Africa
Exports of watch cases; of base metal, whether or not gold-plated or silver-plated from South Africa shrank remarkably to 8 units in 2022, which is down by -99.9% on the previous year's figure. Overall, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 562%. Over the period under review, the exports of reached the maximum at 11K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated shrank notably to $1.2K in 2022. Over the period under review, exports showed a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. Over the period under review, the exports of attained the peak figure at $32K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 0.6 | 0% |
| Switzerland | 1.3 | 1.2 | 2.1 | 0.3 | -38.7% |
| Israel | N/A | N/A | N/A | 0.1 | 0% |
| Italy | N/A | N/A | N/A | 0.1 | 0% |
| Hong Kong SAR | 0.6 | 1.7 | 1.9 | N/A | 78.0% |
| Botswana | 0.9 | 0.6 | 9.1 | N/A | 218.0% |
| Namibia | 0.4 | N/A | 0.1 | N/A | -50.0% |
| Lesotho | N/A | N/A | N/A | N/A | 0% |
| Zambia | 0.2 | 0.1 | N/A | N/A | -50.0% |
| United Arab Emirates | N/A | 8.6 | 0.2 | N/A | -97.7% |
| Singapore | 27.3 | N/A | N/A | N/A | 0% |
| Others | 1.4 | 6.3 | 9.4 | N/A | 159.1% |
| Total | 32.2 | 18.5 | 22.7 | 1.2 | -66.6% |
Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from South Africa in 2022:
- United States (2.0 units)
- Lesotho (2.0 units)
- Israel (1.0 units)
- Italy (1.0 units)
- Zambia (1.0 units)
- Switzerland (1.0 units)
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