Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in India - 2023
Contents:
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in India (CIF) - 2022
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in India (FOB) - 2022
- Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in India
- Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in India
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in India (CIF) - 2022
The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $1.7 per unit in 2022, rising by 3.1% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for watch cases; of base metal, whether or not gold-plated or silver-plated increased by +46.8% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 60%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($3.4 per unit), while the price for China amounted to $0.2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.8%).
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in India (FOB) - 2022
In 2022, the average export price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $1.7 per unit, flattening at the previous year. In general, the export price, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 57% against the previous year. As a result, the export price attained the peak level of $1.7 per unit, leveling off in the following year.
As there is only one major export destination, the average price level is determined by prices for the Philippines.
From 2013 to 2022, the rate of growth in terms of prices for the Philippines amounted to +15.2% per year.
Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in India
In 2022, imports of watch cases; of base metal, whether or not gold-plated or silver-plated into India surged to 5.5M units, jumping by 25% compared with the previous year's figure. Overall, imports, however, continue to indicate a deep reduction. Imports peaked at 6.6M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated surged to $9.5M in 2022. Over the period under review, imports, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. Imports peaked at $11M 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 India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 10.4 | 4.1 | 6.8 | 8.8 | -5.4% |
| China | 0.1 | 0.2 | 0.4 | 0.6 | 81.7% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 10.6 | 4.3 | 7.3 | 9.5 | -3.6% |
Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to India in 2022:
- China (2.9M units)
- Hong Kong SAR (2.6M units)
Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in India
Exports of watch cases; of base metal, whether or not gold-plated or silver-plated from India soared to 1.6M units in 2022, growing by 29% compared with 2021 figures. Overall, exports, however, showed a noticeable curtailment. The exports peaked at 1.8M units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated skyrocketed to $2.7M in 2022. The total export value increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 1.9 | 1.9 | 2.0 | 2.7 | 12.4% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 2.0 | 2.0 | 2.1 | 2.7 | 10.5% |
Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from India in 2022:
- Philippines (1614.9K units)
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