Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Norway - 2024

Contents:

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

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

The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $83 per unit in 2022, surging by 3.6% against the previous year. Over the period under review, the import price recorded a buoyant increase. The growth pace was the most rapid in 2013 an increase of 87% against the previous year. Over the period under review, average import prices attained the maximum at $130 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($181 per unit), while the price for China ($21 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $10 per unit, waning by -7.2% against the previous year. In general, the export price faced a sharp decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 260% against the previous year. As a result, the export price attained the peak level of $458 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($64 per unit), while the average price for exports to Switzerland ($8 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 Denmark (-21.8%).

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

In 2022, purchases abroad of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by -13.5% to 1.6K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 129%. As a result, imports attained the peak of 1.9K units, and then dropped in the following year.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated contracted to $134K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 74%. As a result, imports attained the peak of $150K, and then reduced in the following year.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland59.866.910610922.2%
China8.915.134.120.031.0%
JapanN/AN/A0.72.0185.7%
Others2.23.78.93.314.5%
Total70.885.715013423.7%

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

  1. China (961.0 units)
  2. Switzerland (602.0 units)
  3. Japan (33.0 units)

Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Norway

For the third consecutive year, Norway recorded growth in overseas shipments of watch cases; of base metal, whether or not gold-plated or silver-plated, which increased by 45% to 2.1K units in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 116%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated skyrocketed to $21K in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 87%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Norway (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Sweden8.515.415.936.8%
DenmarkN/A0.52.5400.0%
SwitzerlandN/AN/A1.70%
FinlandN/AN/A1.10%
OthersN/AN/A0.30%
Total8.515.921.458.7%

Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from Norway in 2022:

  1. Sweden (1781.0 units)
  2. Switzerland (207.0 units)
  3. Denmark (39.0 units)
  4. Finland (33.0 units)

Source: IndexBox Market Intelligence Platform

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