Price for Clock or Watch Parts; Dials in Australia - 2022

Contents:

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

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

The average import price for clock or watch parts; dialses stood at $3,688 per unit in 2022, picking up by 14% against the previous year. Overall, the import price saw tangible growth. The pace of growth was the most pronounced in 2020 an increase of 350% against the previous year. The import price peaked at $4,395 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($3,032 per unit), while the price for the United States ($150 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for clock or watch parts; dialses amounted to $3,085 per unit, surging by 73% against the previous year. Over the period under review, the export price recorded significant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 178% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($4,106 per unit), while the average price for exports to the UK ($84 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 Fiji (+45.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clock or Watch Parts; Dials in Australia

In 2022, approx. 128 units of clock or watch parts; dialses were imported into Australia; declining by -34.7% on the year before. In general, imports saw a sharp shrinkage. The smallest decline of -34.2% was in 2021. Imports peaked at 2.4K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, clock or watch parts; dials imports declined dramatically to $472K in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 137% against the previous year. As a result, imports reached the peak of $636K, and then dropped markedly in the following year.

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

1. China (271.0 units)
2. Switzerland (108.0 units)
3. Hong Kong SAR (84.0 units)
4. United States (71.0 units)
5. Germany (15.0 units)
6. Thailand (3.0 units)

Exports of Clock or Watch Parts; Dials in Australia

In 2022, clock or watch parts; dials exports from Australia surged to 64 units, with an increase of 1,180% on the previous year's figure. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, clock or watch parts; dials exports surged to $197K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. United Kingdom (345.0 units)
2. New Zealand (15.0 units)
3. France (5.0 units)
4. Hong Kong SAR (4.0 units)
5. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform