Price for Clock or Watch Parts; Dials in Finland - 2024

Contents:

  1. Price for Clock or Watch Parts; Dials in Finland (CIF) - 2022
  2. Price for Clock or Watch Parts; Dials in Finland (FOB) - 2022
  3. Imports of Clock or Watch Parts; Dials in Finland
  4. Exports of Clock or Watch Parts; Dials in Finland

Price for Clock or Watch Parts; Dials in Finland (CIF) - 2022

In 2022, the average import price for clock or watch parts; dialses amounted to $26 per unit, which is down by -80.6% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 708% against the previous year. As a result, import price reached the peak level of $135 per unit, and then declined dramatically in the following year.

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 France ($5.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Clock or Watch Parts; Dials in Finland (FOB) - 2022

The average export price for clock or watch parts; dialses stood at $35 per unit in 2022, falling by -48.4% against the previous year. Over the period under review, the export price, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2015 when the average export price increased by 1,070%. Over the period under review, the average export prices hit record highs at $131 per unit in 2018; however, from 2019 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 Switzerland ($103 per unit), while the average price for exports to the UK ($2 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+39.7%).

Imports of Clock or Watch Parts; Dials in Finland

In 2022, after two years of decline, there was significant growth in overseas purchases of clock or watch parts; dialses, when their volume increased by 924% to 6.3K units. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, clock or watch parts; dials imports skyrocketed to $173K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Clock or Watch Parts; Dials in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland17.216.015.279.666.6%
Hong Kong SAR12.75.91.068.275.1%
FranceN/AN/AN/A9.10%
NetherlandsN/AN/AN/A2.20%
China8.85.78.91.0-51.6%
Others0.32.62.212.6247.6%
Total39.130.227.417364.2%

Top Suppliers of Clock or Watch Parts; Dials to Finland in 2022:

  1. Hong Kong SAR (3.8K units)
  2. France (1.7K units)
  3. Switzerland (0.5K units)
  4. Netherlands (0.1K units)

Exports of Clock or Watch Parts; Dials in Finland

In 2022, overseas shipments of clock or watch parts; dialses decreased by -82.4% to 22 units for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 126%. Over the period under review, the exports reached the peak figure at 125 units in 2021, and then declined markedly in the following year.

In value terms, clock or watch parts; dials exports dropped markedly to $717 in 2022. Over the period under review, exports saw a sharp reduction. The growth pace was the most rapid in 2020 when exports increased by 76% against the previous year. Over the period under review, the exports attained the peak figure at $9.7K in 2021, and then fell markedly in the following year.

Export of Clock or Watch Parts; Dials in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A0.40%
Switzerland3.96.80.20.1-70.5%
United KingdomN/AN/AN/AN/A0%
Lao People's Democratic RepublicN/AN/A9.5N/A0%
OthersN/AN/AN/A0.30%
Total3.96.89.70.7-43.6%

Top Export Markets for Clock or Watch Parts; Dials from Finland in 2022:

  1. United States (20.0 units)
  2. Switzerland (1.0 units)
  3. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform

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