Price for Watch Cases and Parts Thereof in Switzerland - 2023
Contents:
- Price for Watch Cases and Parts Thereof in Switzerland (CIF) - 2022
- Price for Watch Cases and Parts Thereof in Switzerland (FOB) - 2022
- Imports of Watch Cases and Parts Thereof in Switzerland
- Exports of Watch Cases and Parts Thereof in Switzerland
Price for Watch Cases and Parts Thereof in Switzerland (CIF) - 2022
The average import price for watch cases and parts thereoves stood at $171 per unit in 2022, picking up by 5.4% against the previous year. Over the period under review, the import price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2013 an increase of 24% against the previous year. Over the period under review, average import prices reached the maximum at $247 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($196 per unit), while the price for Portugal ($91 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Watch Cases and Parts Thereof in Switzerland (FOB) - 2022
In 2022, the average export price for watch cases and parts thereoves amounted to $180 per unit, rising by 18% against the previous year. Overall, export price indicated a mild increase 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, watch cases and parts thereof export price increased by +24.5% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 29%. The export price peaked at $269 per unit in 2015; however, from 2016 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 Germany ($1,663 per unit), while the average price for exports to Thailand ($53 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 Hong Kong SAR (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Watch Cases and Parts Thereof in Switzerland
In 2022, watch cases and parts thereof imports into Switzerland rose sharply to 2.4M units, growing by 8.8% compared with the previous year. Over the period under review, imports, however, saw a mild decrease. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. Imports peaked at 2.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, watch cases and parts thereof imports rose significantly to $409M in 2022. Overall, imports, however, continue to indicate a deep setback. Over the period under review, imports attained the peak figure at $486M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Watch Cases and Parts Thereof in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 307 | 181 | 220 | 255 | -6.0% |
| Thailand | 53.3 | 36.9 | 40.4 | 39.3 | -9.7% |
| Hong Kong SAR | 20.2 | 15.7 | 16.7 | 29.5 | 13.5% |
| Portugal | 28.2 | 18.1 | 26.2 | 27.5 | -0.8% |
| France | 19.0 | 14.5 | 15.5 | 13.2 | -11.4% |
| Others | 58.2 | 51.5 | 37.5 | 44.5 | -8.6% |
| Total | 486 | 318 | 357 | 409 | -5.6% |
Top Suppliers of Watch Cases and Parts Thereof to Switzerland in 2022:
- China (1403.3K units)
- Thailand (331.7K units)
- Portugal (303.7K units)
- Hong Kong SAR (151.0K units)
- France (106.7K units)
Exports of Watch Cases and Parts Thereof in Switzerland
In 2022, approx. 765K units of watch cases and parts thereoves were exported from Switzerland; waning by -6.2% on the previous year's figure. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 30%. Over the period under review, the exports attained the maximum at 1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, watch cases and parts thereof exports expanded notably to $138M in 2022. Overall, exports saw a mild setback. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. Over the period under review, the exports hit record highs at $146M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Watch Cases and Parts Thereof in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.2 | 22.9 | 30.5 | 40.4 | 11.4% |
| France | 26.8 | 17.0 | 22.9 | 20.9 | -8.0% |
| Hong Kong SAR | 27.0 | 13.9 | 18.7 | 18.9 | -11.2% |
| Thailand | 16.1 | 10.0 | 13.2 | 13.9 | -4.8% |
| Portugal | 3.6 | 2.9 | 5.4 | 7.1 | 25.4% |
| United Arab Emirates | 0.7 | 0.5 | 1.2 | 1.4 | 26.0% |
| Others | 42.3 | 27.6 | 32.5 | 35.5 | -5.7% |
| Total | 146 | 94.9 | 124 | 138 | -1.9% |
Top Export Markets for Watch Cases and Parts Thereof from Switzerland in 2022:
- Thailand (259.1K units)
- France (229.7K units)
- Hong Kong SAR (93.7K units)
- Portugal (56.3K units)
- Germany (24.3K units)
- United Arab Emirates (23.5K units)
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