Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the Philippines - 2023
Contents:
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the Philippines (CIF) - 2022
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the Philippines (FOB) - 2022
- Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the Philippines
- Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the Philippines
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the Philippines (CIF) - 2022
The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $80 per unit in 2022, growing by 200% against the previous year. Overall, the import price continues to indicate significant growth. The pace of growth appeared the most rapid in 2016 an increase of 282%. The import price peaked in 2022 and is likely to see steady growth in years to come.
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 ($136 per unit), while the price for Italy ($21 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+325.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the Philippines (FOB) - 2022
The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $7 per unit in 2022, falling by -17.1% against the previous year. In general, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 an increase of 54% against the previous year. The export price peaked at $18 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($12 per unit), while the average price for exports to Hong Kong SAR stood at $3.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-1.0%), while the prices for the other major destinations experienced a decline.
Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the Philippines
Imports of watch cases; of base metal, whether or not gold-plated or silver-plated into the Philippines dropped rapidly to 3.7K units in 2022, waning by -52.4% compared with the previous year. Over the period under review, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Over the period under review, imports of attained the maximum at 33K 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 skyrocketed to $298K in 2022. In general, imports recorded a dramatic decline. Imports peaked at $891K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.8 | N/A | 0.7 | 164 | 165.1% |
| China | 133 | 126 | 155 | 81.1 | -15.2% |
| Hong Kong SAR | 72.2 | 0.3 | 0.6 | 21.6 | -33.1% |
| Japan | 133 | 49.4 | 33.2 | 16.7 | -49.9% |
| Switzerland | 509 | 1.8 | 6.2 | 8.6 | -74.3% |
| Italy | N/A | 1.3 | 1.4 | 1.4 | 3.8% |
| Netherlands | 35.9 | N/A | 1.1 | N/A | -82.5% |
| Others | 0.3 | 16.1 | 10.5 | 4.7 | 150.2% |
| Total | 891 | 195 | 209 | 298 | -30.6% |
Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to the Philippines in 2022:
- India (1876.0 units)
- China (956.0 units)
- Hong Kong SAR (423.0 units)
- Japan (309.0 units)
- Italy (66.0 units)
- Switzerland (63.0 units)
Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the Philippines
In 2022, the amount of watch cases; of base metal, whether or not gold-plated or silver-plated exported from the Philippines surged to 71K units, growing by 358% on the previous year's figure. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated surged to $496K in 2022. Over the period under review, exports, however, continue to indicate a pronounced descent. The exports peaked at $548K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 461 | 118 | 94.0 | 309 | -12.5% |
| Hong Kong SAR | 0.1 | 14.0 | 11.7 | 178 | 1111.9% |
| Netherlands | 28.7 | 6.1 | 6.2 | 8.2 | -34.1% |
| China | 25.0 | N/A | 10.9 | N/A | -34.0% |
| Others | 32.8 | 33.7 | 7.9 | 1.1 | -67.8% |
| Total | 548 | 172 | 131 | 496 | -3.3% |
Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from the Philippines in 2022:
- Hong Kong SAR (45.2K units)
- Brazil (25.0K units)
- Netherlands (0.3K units)
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