Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Colombia - 2022

Contents:

  1. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Colombia (CIF) - 2022
  2. Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Colombia

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Colombia (CIF) - 2022

In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $26 per unit, shrinking by -15.4% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the average import price increased by 50% against the previous year. Over the period under review, average import prices attained the peak figure at $31 per unit in 2021, and then declined markedly in the following year.

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 ($87 per unit), while the price for China totaled $14 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+31.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Colombia

Imports of watch cases; of base metal, whether or not gold-plated or silver-plated into Colombia contracted dramatically to 152 units in 2022, declining by -21.6% compared with the previous year. Over the period under review, imports saw a sharp downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 253%. Over the period under review, imports of attained the maximum at 502 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated shrank dramatically to $3.9K in 2022. In general, imports showed a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of 268%. Imports peaked at $13K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland0.1N/AN/A2.1175.9%
China0.8N/A0.21.831.0%
Hong Kong SAR0.50.10.3N/A-22.5%
United States11.21.55.4N/A-30.6%
Others0.1N/A0.1N/A0.0%
Total12.71.65.93.9-32.5%

Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to Colombia in 2022:

  1. China (128.0 units)
  2. Switzerland (24.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Watch cases; of base metal, whether or not gold-plated or silver-plated - Colombia