Price for Clock or Watch Parts; Plates and Bridges in South Africa - 2023

Contents:

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

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

The average import price for clock or watch parts; plates and bridgeses stood at $265,741 per ton in 2022, picking up by 16% against the previous year. Overall, the import price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 175%. The import price peaked at $2,123,000 per ton in 2012; however, from 2013 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 Switzerland ($1,562,000 per ton), while the price for the United States ($109,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for clock or watch parts; plates and bridgeses stood at $3,298 per ton in 2022, dropping by -96.4% against the previous year. Over the period under review, the export price recorded a dramatic downturn. The pace of growth was the most pronounced in 2016 an increase of 1,472%. As a result, the export price reached the peak level of $251,568 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cameroon ($9,800 per ton), while the average price for exports to Zambia ($2,178 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+167.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Clock or Watch Parts; Plates and Bridges in South Africa

In 2022, after three years of growth, there was significant decline in supplies from abroad of clock or watch parts; plates and bridgeses, when their volume decreased by -10.8% to 58 kg. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 440%.

In value terms, imports of clock or watch parts; plates and bridgeses totaled $15K in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 193% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. China (41.0 kg)
2. United Arab Emirates (7.0 kg)
3. United States (6.0 kg)
4. Switzerland (3.0 kg)
5. Japan (1.0 kg)

Exports of Clock or Watch Parts; Plates and Bridges in South Africa

In 2022, exports of clock or watch parts; plates and bridgeses from South Africa surged to 483 kg, with an increase of 4,730% compared with the previous year. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached 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 $1.6K in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 136% against the previous year. As a result, the exports attained the peak of $1.7K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Zambia (404.0 kg)
2. Democratic Republic of the Congo (35.0 kg)
3. Zimbabwe (24.0 kg)
4. Cameroon (15.0 kg)

Source: IndexBox Market Intelligence Platform