Price for Clock or Watch Parts; Dials in Pakistan - 2023

Contents:

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

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

In 2022, the average import price for clock or watch parts; dialses amounted to $3,952 per unit, with an increase of 76% against the previous year. Overall, the import price enjoyed a resilient increase. The growth pace was the most rapid in 2020 an increase of 267%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($0.2 per unit), while the price for China ($0.1 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-7.5%), while the prices for the other major suppliers experienced a decline.

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

The average export price for clock or watch parts; dialses stood at less than $0.1 per thousand units in 2017, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a relatively flat trend pattern.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2017, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Clock or Watch Parts; Dials in Pakistan

In 2022, after two years of decline, there was significant growth in purchases abroad of clock or watch parts; dialses, when their volume increased by 33% to 4 units. Overall, imports, however, continue to indicate a dramatic contraction. Over the period under review, imports attained the maximum at 70 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, clock or watch parts; dials imports skyrocketed to $14K in 2022. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Clock or Watch Parts; Dials in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.01.22.63.2-7.2%
Hong Kong SAR8.21.93.23.1-27.7%
China1.50.10.30.3-41.5%
Switzerland0.30.1N/A0.1-30.7%
Others0.1N/AN/A7.5321.7%
Total14.03.36.114.30.7%

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

  1. United States (16.5K units)
  2. Hong Kong SAR (16.3K units)
  3. China (2.9K units)
  4. Switzerland (0.8K units)

Exports of Clock or Watch Parts; Dials in Pakistan

Clock or watch parts; dials exports from Pakistan totaled 1 units in 2022, remaining constant against the previous year. Overall, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, clock or watch parts; dials exports soared to $95 in 2022. In general, exports recorded a significant decrease. The exports peaked at $291 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Clock or Watch Parts; Dials in Pakistan (USD)
COUNTRY20212022CAGR,
2021-2022
IrelandN/A28.00%
Others40.067.067.5%
Total40.095.0137.5%

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

    Source: IndexBox Market Intelligence Platform

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