Price for Clock or Watch Parts; Plates and Bridges in Indonesia - 2022

Contents:

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

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

The average import price for clock or watch parts; plates and bridgeses stood at $7,706 per ton in 2022, falling by -51.2% against the previous year. In general, the import price, however, continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 128%. As a result, import price attained the peak level of $40,441 per ton. From 2019 to 2022, the average import prices remained at a 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 Singapore ($43,663 per ton), while the price for China ($3,470 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for clock or watch parts; plates and bridgeses stood at $129,667 per ton in 2022, increasing by 3,605% against the previous year. In general, the export price recorded significant growth. The export price peaked at $273,708 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2014 to 2022, the rate of growth in terms of prices for Singapore amounted to +41.7% per year.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of clock or watch parts; plates and bridgeses, when their volume decreased by -58.7% to 1.3 tons. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 618%. As a result, imports reached the peak of 3.1 tons, and then declined rapidly in the following year.

In value terms, imports of clock or watch parts; plates and bridgeses reduced markedly to $9.8K in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 552%. As a result, imports reached the peak of $49K, and then reduced remarkably in the following year.

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

1. China (1021.0 kg)
2. Hong Kong SAR (154.0 kg)
3. Singapore (92.0 kg)
4. Germany (1.0 kg)

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

In 2022, approx. 3 kg of clock or watch parts; plates and bridgeses were exported from Indonesia; growing by 50% compared with the year before. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of clock or watch parts; plates and bridgeses surged to $389 in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Singapore (3.0 kg)

Source: IndexBox Market Intelligence Platform