Price for Clock or Watch Parts; Plates and Bridges in Australia - 2022

Contents:

1. Price for Clock or Watch Parts; Plates and Bridges in Australia (FOB) - 2022
2. Price for Clock or Watch Parts; Plates and Bridges in Australia (CIF) - 2022
3. Exports of Clock or Watch Parts; Plates and Bridges in Australia
4. Imports of Clock or Watch Parts; Plates and Bridges in Australia

Price for Clock or Watch Parts; Plates and Bridges in Australia (FOB) - 2022

The average export price for clock or watch parts; plates and bridgeses stood at $409,280 per ton in 2022, approximately equating the previous year. Over the period under review, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2019 an increase of 46,112%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($6,919,167 per ton), while the average price for exports to Vanuatu ($272,615 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vanuatu (+383.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Clock or Watch Parts; Plates and Bridges in Australia (CIF) - 2022

In 2022, the average import price for clock or watch parts; plates and bridgeses amounted to $24,064 per ton, increasing by 81% against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. Over the period under review, average import prices attained the peak figure at $48,991 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($41,384 per ton), while the price for Germany ($3,705 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+27.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Clock or Watch Parts; Plates and Bridges in Australia

In 2022, overseas shipments of clock or watch parts; plates and bridgeses decreased by 0% to 300 kg, falling for the second year in a row after two years of growth. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 60%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of clock or watch parts; plates and bridgeses stood at $123K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 22%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Clock or Watch Parts; Plates and Bridges from Australia in 2022:

1. New Zealand (205.0 kg)
2. Japan (52.0 kg)
3. United States (22.0 kg)
4. Vanuatu (13.0 kg)
5. Macao SAR (6.0 kg)

Imports of Clock or Watch Parts; Plates and Bridges in Australia

After three years of growth, purchases abroad of clock or watch parts; plates and bridgeses decreased by -53.3% to 2.6 tons in 2022. In general, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2020 with an increase of 81% against the previous year.

In value terms, imports of clock or watch parts; plates and bridgeses declined remarkably to $64K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports attained the peak of $75K, and then fell significantly in the following year.

Top Suppliers of Clock or Watch Parts; Plates and Bridges to Australia in 2022:

1. Switzerland (1424.0 kg)
2. Germany (981.0 kg)
3. Japan (240.0 kg)

Source: IndexBox Market Intelligence Platform