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

Contents:

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

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

The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $3.7 per unit in 2022, reducing by -15.7% against the previous year. In general, the import price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 105%. Over the period under review, average import prices reached the maximum at $10 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 ($17 per unit), while the price for China stood at $3.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), 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 Mexico (FOB) - 2022

The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $64 per unit in 2022, with a decrease of -62.3% against the previous year. Overall, the export price recorded a deep downturn. The growth pace was the most rapid in 2013 when the average export price increased by 339% against the previous year. As a result, the export price reached the peak level of $661 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($206 per unit), while the average price for exports to Canada ($28 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 Switzerland (-12.4%).

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

Imports of watch cases; of base metal, whether or not gold-plated or silver-plated into Mexico soared to 35K units in 2022, increasing by 68% on 2021. Over the period under review, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated soared to $128K in 2022. In general, imports, however, recorded a abrupt downturn. Imports peaked at $208K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17692.567.2116-13.0%
Switzerland21.28.123.311.9-17.5%
Others11.0N/AN/AN/A0%
Total20810190.6128-14.9%

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

  1. China (33.9K units)
  2. Switzerland (0.7K units)

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

Exports of watch cases; of base metal, whether or not gold-plated or silver-plated from Mexico surged to 407 units in 2022, increasing by 284% against 2021 figures. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated soared to $26K in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 123%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A11.10%
Switzerland9.28.28.40.4-64.8%
GermanyN/A13.39.40.2-87.7%
Others1.11.3N/A14.2134.6%
Total10.322.917.925.936.0%

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

  1. Canada (401.0 units)
  2. Switzerland (2.0 units)
  3. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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