Price for Clock or Watch Parts; Dials in Japan - 2023

Contents:

1. Price for Clock or Watch Parts; Dials in Japan (CIF) - 2022
2. Price for Clock or Watch Parts; Dials in Japan (FOB) - 2022
3. Imports of Clock or Watch Parts; Dials in Japan
4. Exports of Clock or Watch Parts; Dials in Japan

Price for Clock or Watch Parts; Dials in Japan (CIF) - 2022

In 2022, the average import price for clock or watch parts; dialses amounted to $3,714 per unit, rising by 20% against the previous year. In general, the import price continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2020 an increase of 341%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($10,265 per unit), while the price for Italy ($55 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clock or Watch Parts; Dials in Japan (FOB) - 2022

The average export price for clock or watch parts; dialses stood at $3,133 per unit in 2022, rising by 70% against the previous year. Over the period under review, the export price posted a significant expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 178% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,253 per unit), while the average price for exports to Thailand ($231 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 Hong Kong SAR (+1.3%), while the prices for the other major destinations experienced a decline.

Imports of Clock or Watch Parts; Dials in Japan

In 2022, clock or watch parts; dials imports into Japan contracted to 3.9K units, declining by -10.4% against 2021. Overall, imports recorded a significant decrease. Over the period under review, imports hit record highs at 128K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, clock or watch parts; dials imports expanded significantly to $15M in 2022. In general, imports recorded a deep downturn. Over the period under review, imports hit record highs at $26M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Clock or Watch Parts; Dials to Japan in 2022:

1. China (12.1K units)
2. Thailand (1.7K units)
3. Philippines (0.9K units)
4. Switzerland (0.5K units)
5. Italy (0.4K units)

Exports of Clock or Watch Parts; Dials in Japan

Clock or watch parts; dials exports from Japan contracted significantly to 666 units in 2022, declining by -59.7% on the previous year's figure. Overall, exports showed a sharp reduction. The smallest decline of -57.7% was in 2021. The exports peaked at 3.9K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, clock or watch parts; dials exports reduced rapidly to $2.1M in 2022. In general, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 18%. The exports peaked at $4.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Clock or Watch Parts; Dials from Japan in 2022:

1. Thailand (2.5K units)
2. Hong Kong SAR (0.6K units)
3. China (0.5K units)

Source: IndexBox Market Intelligence Platform