Price for Clock or Watch Parts; Plates and Bridges in Thailand - 2024

Contents:

1. Price for Clock or Watch Parts; Plates and Bridges in Thailand (CIF) - 2022
2. Price for Clock or Watch Parts; Plates and Bridges in Thailand (FOB) - 2022
3. Imports of Clock or Watch Parts; Plates and Bridges in Thailand
4. Exports of Clock or Watch Parts; Plates and Bridges in Thailand

Price for Clock or Watch Parts; Plates and Bridges in Thailand (CIF) - 2022

The average import price for clock or watch parts; plates and bridgeses stood at $772,140 per ton in 2022, dropping by -26.2% against the previous year. In general, the import price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 an increase of 145% against the previous year. As a result, import price reached the peak level of $1,560 per kg. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 ($2,310,000 per ton), while the price for Denmark ($9,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+56.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clock or Watch Parts; Plates and Bridges in Thailand (FOB) - 2022

The average export price for clock or watch parts; plates and bridgeses stood at $41,321 per ton in 2022, which is down by -93.2% against the previous year. Over the period under review, the export price faced a dramatic decline. The pace of growth appeared the most rapid in 2021 an increase of 75% against the previous year. The export price peaked at $636,380 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($537,500 per ton), while the average price for exports to Japan stood at $3,154 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (-1.7%).

Imports of Clock or Watch Parts; Plates and Bridges in Thailand

For the third consecutive year, Thailand recorded decline in supplies from abroad of clock or watch parts; plates and bridgeses, which decreased by -25.9% to 43 kg in 2022. Overall, imports recorded a dramatic contraction.

In value terms, imports of clock or watch parts; plates and bridgeses declined dramatically to $33K in 2022. In general, imports continue to indicate a sharp decline.

Top Suppliers of Clock or Watch Parts; Plates and Bridges to Thailand in 2022:

1. Vietnam (18.0 kg)
2. United States (10.0 kg)
3. China (5.0 kg)
4. Japan (3.0 kg)
5. Singapore (1.0 kg)
6. United Arab Emirates (1.0 kg)
7. Malaysia (1.0 kg)
8. Hong Kong SAR (1.0 kg)
9. Switzerland (1.0 kg)
10. Denmark (1.0 kg)

Exports of Clock or Watch Parts; Plates and Bridges in Thailand

In 2022, the amount of clock or watch parts; plates and bridgeses exported from Thailand contracted markedly to 28 kg, which is down by -69.6% compared with the previous year. In general, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 207%. As a result, the exports attained the peak of 92 kg, and then declined sharply in the following year.

In value terms, exports of clock or watch parts; plates and bridgeses dropped markedly to $1.2K in 2022. Overall, exports continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 437%. As a result, the exports attained the peak of $56K, and then dropped dramatically in the following year.

Top Export Markets for Clock or Watch Parts; Plates and Bridges from Thailand in 2022:

1. Japan (26.0 kg)
2. Switzerland (2.0 kg)

Source: IndexBox Market Intelligence Platform