Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the UK - 2023
Contents:
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the UK (CIF) - 2022
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the UK (FOB) - 2022
- Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the UK
- Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the UK
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the UK (CIF) - 2022
The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $25 per unit in 2022, rising by 45% against the previous year. Overall, the import price, however, recorded a noticeable curtailment. The import price peaked at $35 per unit in 2012; however, from 2013 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 ($56 per unit), while the price for Hong Kong SAR ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), 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 the UK (FOB) - 2022
The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $130 per unit in 2022, growing by 271% against the previous year. In general, the export price posted a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,043 per unit), while the average price for exports to Hong Kong SAR ($29 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 Ireland (+65.5%), 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 the UK
In 2022, approx. 57K units of watch cases; of base metal, whether or not gold-plated or silver-plated were imported into the UK; remaining stable against 2021. Overall, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Over the period under review, imports of hit record highs at 68K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated surged to $1.4M in 2022. Over the period under review, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 678 | 466 | 642 | 871 | 8.7% |
| Switzerland | 441 | 396 | 220 | 370 | -5.7% |
| Hong Kong SAR | 32.0 | 23.5 | 32.4 | 78.1 | 34.6% |
| Others | 181 | 81.9 | 53.2 | 78.8 | -24.2% |
| Total | 1,332 | 967 | 947 | 1,398 | 1.6% |
Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to the UK in 2022:
- China (43.5K units)
- Switzerland (6.6K units)
- Hong Kong SAR (5.8K units)
Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the UK
In 2022, after three years of growth, there was significant decline in overseas shipments of watch cases; of base metal, whether or not gold-plated or silver-plated, when their volume decreased by -79.9% to 1K units. In general, exports, however, posted measured growth. The most prominent rate of growth was recorded in 2021 with an increase of 150%. As a result, the exports reached the peak of 5K units, and then dropped notably in the following year.
In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated declined markedly to $132K in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 93%. The exports peaked at $177K in 2021, and then declined dramatically in the following year.
| Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 2.4 | 42.0 | 2.0 | 46.8 | 169.2% |
| United States | 57.3 | 37.9 | N/A | 38.8 | -12.2% |
| Hong Kong SAR | 1.8 | N/A | 1.3 | 4.4 | 34.7% |
| France | N/A | 0.1 | 6.3 | 2.6 | 409.9% |
| Germany | N/A | 4.9 | 67.4 | 2.1 | -34.5% |
| Norway | N/A | N/A | N/A | 1.4 | 0% |
| Ireland | 4.8 | 12.1 | N/A | 1.2 | -37.0% |
| Spain | N/A | N/A | 3.8 | N/A | 0% |
| Italy | N/A | 1.3 | 34.8 | N/A | 2576.9% |
| Others | 8.2 | 45.6 | 61.1 | 34.9 | 62.1% |
| Total | 74.5 | 144 | 177 | 132 | 21.0% |
Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from the UK in 2022:
- Switzerland (758.0 units)
- Hong Kong SAR (152.0 units)
- Germany (37.0 units)
- France (20.0 units)
- United States (19.0 units)
- Norway (16.0 units)
- Ireland (1.0 units)
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