Price for Clock or Watch Parts; Plates and Bridges in the United States - 2023

Contents:

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

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

The average import price for clock or watch parts; plates and bridgeses stood at $1,519,196 per ton in 2022, increasing by 104% against the previous year. In general, the import price continues to indicate resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($2,405,406 per ton), while the price for China ($80,137 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clock or Watch Parts; Plates and Bridges in the United States (FOB) - 2022

In 2022, the average export price for clock or watch parts; plates and bridgeses amounted to $110,031 per ton, rising by 34% against the previous year. In general, the export price, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs at $328,573 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($250,115 per ton), while the average price for exports to Bolivia ($8,810 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-1.1%), while the prices for the other major destinations experienced a decline.

Imports of Clock or Watch Parts; Plates and Bridges in the United States

In 2022, supplies from abroad of clock or watch parts; plates and bridgeses decreased by -42.5% to 957 kg, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 4.7% against the previous year. As a result, imports attained the peak of 1.7 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of clock or watch parts; plates and bridgeses soared to $1.5M in 2022. Over the period under review, imports recorded a pronounced curtailment.

Import of Clock or Watch Parts; Plates and Bridges in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1,1801,2781,0751,3454.5%
China11678.882.123.4-41.4%
Taiwan (Chinese)13.14.74.719.514.2%
Mexico17249.323.218.4-52.5%
Japan26.017.08.39.2-29.3%
Others38.331.043.338.70.3%
Total1,5461,4591,2371,454-2.0%

Top Suppliers of Clock or Watch Parts; Plates and Bridges to the United States in 2022:

  1. Switzerland (559.0 kg)
  2. China (292.0 kg)
  3. Mexico (31.0 kg)
  4. Taiwan (Chinese) (26.0 kg)
  5. Japan (22.0 kg)

Exports of Clock or Watch Parts; Plates and Bridges in the United States

In 2022, approx. 5.1 tons of clock or watch parts; plates and bridgeses were exported from the United States; increasing by 36% compared with the year before. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 330%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of clock or watch parts; plates and bridgeses skyrocketed to $556K in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 167%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Clock or Watch Parts; Plates and Bridges in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland13.243.2109162130.7%
JapanN/A7.94.1116283.2%
SpainN/AN/AN/A97.60%
Hong Kong SAR14.07.3N/A37.538.9%
Canada3.13.2N/A23.095.0%
Dominican RepublicN/AN/AN/A18.80%
United KingdomN/A30.01375.8-56.0%
BoliviaN/AN/AN/A2.50%
BelizeN/AN/A23.6N/A0%
British Virgin IslandsN/AN/A5.0N/A0%
Taiwan (Chinese)N/AN/A5.6N/A0%
Others19.741.920.393.367.9%
Total50.0134305556123.2%

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

  1. Switzerland (1444.0 kg)
  2. Spain (867.0 kg)
  3. Canada (766.0 kg)
  4. Hong Kong SAR (520.0 kg)
  5. Japan (462.0 kg)
  6. Bolivia (289.0 kg)
  7. Dominican Republic (116.0 kg)
  8. United Kingdom (58.0 kg)

Source: IndexBox Market Intelligence Platform

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