Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Indonesia - 2022

Contents:

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

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

In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $26 per unit, growing by 5.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 58% against the previous year. As a result, import price reached the peak level of $33 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($92 per unit), while the price for Hong Kong SAR ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+29.4%), 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 Indonesia (FOB) - 2022

The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $11 per unit in 2022, which is down by -45.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 167% against the previous year. As a result, the export price reached the peak level of $37 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to -25.2% per year.

Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Indonesia

Imports of watch cases; of base metal, whether or not gold-plated or silver-plated into Indonesia plummeted to 7.1K units in 2022, falling by -28.6% on 2021. Over the period under review, imports recorded a dramatic setback. The pace of growth appeared the most rapid in 2021 when imports increased by 64%. Over the period under review, imports of reached the maximum at 15K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated fell significantly to $185K in 2022. Overall, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year. Over the period under review, imports of reached the maximum at $351K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China336128230168-20.6%
Switzerland5.14.75.813.839.3%
Others10.711.88.42.2-41.0%
Total351145244185-19.2%

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

  1. China (6.9K units)
  2. Switzerland (0.1K units)

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

In 2022, the amount of watch cases; of base metal, whether or not gold-plated or silver-plated exported from Indonesia shrank remarkably to 69 units, which is down by -97% compared with 2021. Overall, exports faced a sharp shrinkage. Over the period under review, the exports of reached the peak figure at 2.3K units in 2021, and then dropped remarkably in the following year.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated contracted markedly to $749 in 2022. In general, exports faced a precipitous setback. Over the period under review, the exports of reached the peak figure at $46K in 2021, and then fell markedly in the following year.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Indonesia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
NetherlandsN/A0.70%
South Africa45.8N/A0%
OthersN/AN/A0%
Total45.80.7-98.5%

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

  1. Netherlands (69.0 units)

Source: IndexBox Market Intelligence Platform

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