Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Singapore - 2022
Contents:
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Singapore (CIF) - 2022
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Singapore (FOB) - 2022
- Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Singapore
- Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Singapore
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Singapore (CIF) - 2022
In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $47 per unit, rising by 90% against the previous year. In general, the import price continues to indicate resilient growth. As a result, import price attained 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 ($156 per unit), while the price for Hong Kong SAR ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Singapore (FOB) - 2022
The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $280 per unit in 2022, rising by 555% against the previous year. In general, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($772 per unit), while the average price for exports to Vietnam ($175 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 Japan (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Singapore
In 2022, imports of watch cases; of base metal, whether or not gold-plated or silver-plated into Singapore was estimated at 14K units, increasing by 10% on 2021 figures. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 60%. As a result, imports reached the peak of 17K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated skyrocketed to $652K in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 107 | 106 | 55.5 | 589 | 76.6% |
| Switzerland | 8.9 | 45.8 | 6.2 | 35.5 | 58.6% |
| Hong Kong SAR | 19.0 | 128 | 7.4 | 20.1 | 1.9% |
| Malaysia | 1.3 | 103 | 0.1 | 3.5 | 39.1% |
| Thailand | 0.3 | 2.3 | 240 | N/A | 2728.4% |
| Slovenia | 61.4 | N/A | N/A | N/A | 0% |
| Others | 38.6 | 11.6 | 2.4 | 4.3 | -51.9% |
| Total | 236 | 397 | 312 | 652 | 40.3% |
Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to Singapore in 2022:
- China (12.0K units)
- Hong Kong SAR (1.5K units)
- Switzerland (0.2K units)
- Malaysia (0.1K units)
Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Singapore
After three years of growth, shipments abroad of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by -69.8% to 1K units in 2022. Overall, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 320% against the previous year. Over the period under review, the exports of reached the peak figure at 3.4K units in 2021, and then fell rapidly in the following year.
In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated soared to $290K in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 629% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.5 | 20.5 | 24.7 | 205 | 642.9% |
| Malaysia | 0.1 | 9.9 | 61.3 | 62.7 | 755.9% |
| Vietnam | 1.6 | 19.6 | 14.7 | 11.6 | 93.5% |
| Indonesia | 0.3 | 2.5 | 2.2 | 4.4 | 144.8% |
| India | 2.8 | 3.5 | 0.8 | 0.1 | -67.1% |
| China | 1.6 | 4.7 | 2.5 | N/A | 25.0% |
| Brazil | 4.1 | 22.1 | 21.9 | N/A | 131.1% |
| Others | 2.7 | 17.1 | 18.1 | 5.8 | 29.0% |
| Total | 13.7 | 100 | 146 | 290 | 176.6% |
Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from Singapore in 2022:
- Switzerland (615.0 units)
- Malaysia (325.0 units)
- Vietnam (66.0 units)
- Indonesia (22.0 units)
- India (1.0 units)
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