Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Chile - 2024

Contents:

  1. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Chile (CIF) - 2022
  2. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Chile (FOB) - 2022
  3. Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Chile
  4. Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Chile

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Chile (CIF) - 2022

In 2022, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $2.6 per unit, jumping by 16% against the previous year. Overall, the import price, however, recorded a perceptible contraction. Over the period under review, average import prices hit record highs at $3.2 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -2.3% per year.

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Chile (FOB) - 2022

The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $27 per unit in 2022, shrinking by -28% against the previous year. In general, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 404% against the previous year. The export price peaked at $65 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($83 per unit), while the average price for exports to Mexico ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+25.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Chile

In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds imported into Chile declined remarkably to 867K units, waning by -39.7% compared with 2021. Over the period under review, imports saw a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of 154%. As a result, imports reached the peak of 1.4M units, and then declined sharply in the following year.

In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds contracted rapidly to $2.2M in 2022. In general, imports, however, showed tangible growth. The most prominent rate of growth was recorded in 2021 with an increase of 178%. As a result, imports attained the peak of $3.2M, and then reduced sharply in the following year.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.71.13.02.17.3%
Others0.30.10.20.2-12.6%
Total2.01.13.22.23.2%

Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Chile in 2022:

  1. China (858.2K units)

Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Chile

In 2022, shipments abroad of clocks; wall clocks, battery, accumulator or mains powereds was finally on the rise to reach 1.9K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a significant decline. Over the period under review, the exports of hit record highs at 4.7K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds expanded markedly to $52K in 2022. Over the period under review, exports, however, continue to indicate a sharp decrease. Over the period under review, the exports of reached the peak figure at $207K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia16855.837.640.7-37.7%
Paraguay11.27.61.26.8-15.3%
Peru17.84.96.51.8-53.4%
MexicoN/AN/AN/A1.00%
Colombia3.6N/AN/AN/A0%
Others6.60.51.42.0-32.8%
Total20768.846.952.2-36.8%

Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Chile in 2022:

  1. Mexico (980.0 units)
  2. Bolivia (768.0 units)
  3. Peru (94.0 units)
  4. Paraguay (82.0 units)

Source: IndexBox Market Intelligence Platform

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