Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Chile - 2024

Contents:

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

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

In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $7.6 per unit, picking up by 58% against the previous year. Overall, the import price posted resilient growth. The most prominent rate of growth was recorded in 2015 an increase of 95% against the previous year. As a result, import price attained the peak level of $9.2 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

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 +13.6% per year.

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

The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $39 per unit in 2022, approximately equating the previous year. In general, the export price, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 an increase of 685%. The export price peaked at $39 per unit in 2021, and then dropped slightly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Paraguay ($41 per unit) and Bolivia ($39 per unit), while the average price for exports to Peru ($38 per unit) and Uruguay ($39 per unit) were amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+17.0%), 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 Chile

In 2022, purchases abroad of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by -56.8% to 29K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 176%. Imports peaked at 67K units in 2021, and then shrank dramatically in the following year.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated dropped remarkably to $218K in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 147%. As a result, imports reached the peak of $319K, and then contracted remarkably in the following year.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32.311930521588.1%
Others38.39.913.93.0-57.2%
Total70.612931921845.6%

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

  1. China (28.6K units)

Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Chile

In 2022, approx. 2K units of watch cases; of base metal, whether or not gold-plated or silver-plated were exported from Chile; with an increase of 3.7% on 2021. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 49,740%. As a result, the exports reached the peak of 2.5K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated reached $78K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 390,988% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BoliviaN/A48.653.767.417.8%
PeruN/A10.219.67.5-14.3%
UruguayN/A1.80.92.926.9%
OthersN/A2.00.9N/A-55.0%
TotalN/A62.675.077.711.4%

Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from Chile in 2022:

  1. Bolivia (1749.0 units)
  2. Peru (194.0 units)
  3. Uruguay (74.0 units)

Source: IndexBox Market Intelligence Platform

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