Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Luxembourg - 2023

Contents:

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

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

In 2022, the average export price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $13 per unit, which is down by -16.9% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2018 an increase of 142% against the previous year. Over the period under review, the average export prices reached the maximum at $78 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($29 per unit), while the average price for exports to France stood at $9.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (-5.5%).

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

In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $10 per unit, with an increase of 5.9% against the previous year. Over the period under review, the import price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 190%. Over the period under review, average import prices reached the peak figure at $51 per unit in 2019; however, from 2020 to 2022, 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 ($18 per unit), while the price for China amounted to $9.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+35.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas shipments of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by -24.9% to 76K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 269% against the previous year. Over the period under review, the exports of attained the maximum at 101K units in 2021, and then contracted rapidly in the following year.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated declined remarkably to $1M in 2022. Over the period under review, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 48%. As a result, the exports reached the peak of $1.6M, and then fell rapidly in the following year.

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

1. France (59.6K units)
2. Switzerland (15.1K units)

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

In 2022, supplies from abroad of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by -31.8% to 60K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 180,112% against the previous year. Over the period under review, imports of attained the maximum at 88K units in 2021, and then contracted notably in the following year.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated reduced remarkably to $621K in 2022. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 35,433% against the previous year. Over the period under review, imports of hit record highs at $861K in 2021, and then declined sharply in the following year.

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

1. China (56.9K units)
2. Switzerland (2.6K units)

Source: IndexBox Market Intelligence Platform