Price for Clock or Watch Parts; Plates and Bridges in Japan - 2023

Contents:

1. Price for Clock or Watch Parts; Plates and Bridges in Japan (CIF) - 2022
2. Price for Clock or Watch Parts; Plates and Bridges in Japan (FOB) - 2023
3. Imports of Clock or Watch Parts; Plates and Bridges in Japan
4. Exports of Clock or Watch Parts; Plates and Bridges in Japan

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

The average import price for clock or watch parts; plates and bridgeses stood at $758,180 per ton in 2022, reducing by -17.5% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 43%. As a result, import price reached the peak level of $918,469 per ton, and then dropped rapidly in the following year.

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 Malaysia ($4,787,867 per ton), while the price for Singapore ($203,563 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Clock or Watch Parts; Plates and Bridges in Japan (FOB) - 2023

In November 2023, the average export price for clock or watch parts; plates and bridgeses amounted to $731K per ton, falling by -17.8% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 38% m-o-m. As a result, the export price reached the peak level of $899K per ton. From October 2023 to November 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($801K per ton), while the average price for exports to the United States ($185K per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of clock or watch parts; plates and bridgeses increased by 82% to 19 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a dramatic decline.

In value terms, imports of clock or watch parts; plates and bridgeses skyrocketed to $14M in 2022. In general, imports, however, recorded a precipitous descent.

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

1. Singapore (9.2 tons)
2. Thailand (4.4 tons)
3. China (3.4 tons)
4. Malaysia (1.5 tons)

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

After two years of decline, overseas shipments of clock or watch parts; plates and bridgeses increased by 0.8% to 13 tons in 2022. Overall, exports, however, saw a abrupt downturn.

In value terms, exports of clock or watch parts; plates and bridgeses declined dramatically to $10M in 2022. Over the period under review, exports, however, faced a sharp reduction. The smallest decline of -12.6% was in 2021.

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

1. Hong Kong SAR (7.7 tons)
2. China (3.6 tons)
3. Singapore (1.3 tons)
4. Malaysia (0.3 tons)

Source: IndexBox Market Intelligence Platform