Price for Clock Movements; Complete and Assembled, Electrically Operated in Belgium - 2023

Contents:

  1. Price for Clock Movements; Complete and Assembled, Electrically Operated in Belgium (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled, Electrically Operated in Belgium (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled, Electrically Operated in Belgium
  4. Exports of Clock Movements; Complete and Assembled, Electrically Operated in Belgium

Price for Clock Movements; Complete and Assembled, Electrically Operated in Belgium (CIF) - 2022

The average import price for clock movements; complete and assembled, electrically operateds stood at $5.4 per unit in 2022, picking up by 73% against the previous year. Over the period under review, the import price, however, showed a pronounced curtailment. The import price peaked at $12 per unit in 2016; however, from 2017 to 2022, 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 Germany ($16 per unit), while the price for Vietnam ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+68.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clock Movements; Complete and Assembled, Electrically Operated in Belgium (FOB) - 2022

In 2022, the average export price for clock movements; complete and assembled, electrically operateds amounted to $2.8 per unit, waning by -47% against the previous year. In general, the export price faced a abrupt descent. The pace of growth appeared the most rapid in 2016 an increase of 210%. Over the period under review, the average export prices hit record highs at $11 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($9 per unit), while the average price for exports to Greece ($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 Germany (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clock Movements; Complete and Assembled, Electrically Operated in Belgium

In 2022, imports of clock movements; complete and assembled, electrically operateds into Belgium contracted markedly to 21K units, with a decrease of -70.4% against the previous year. Overall, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 122%. Imports peaked at 185K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of clock movements; complete and assembled, electrically operateds shrank remarkably to $114K in 2022. In general, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, imports of reached the maximum at $1.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.717.61.666.6162.1%
Netherlands15438.615219.1-50.1%
China27.914.733.97.4-35.7%
Germany1,30616.79.24.7-84.7%
SpainN/A0.40.24.5235.4%
Syrian Arab RepublicN/AN/AN/A2.00%
VietnamN/AN/AN/A0.40%
Turkey9.4N/A0.1N/A-89.7%
Others18.879.624.38.9-22.1%
Total1,520168222114-57.8%

Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Belgium in 2022:

  1. France (9.8K units)
  2. China (4.9K units)
  3. Netherlands (4.4K units)
  4. Syrian Arab Republic (0.5K units)
  5. Vietnam (0.4K units)
  6. Spain (0.4K units)
  7. Germany (0.3K units)

Exports of Clock Movements; Complete and Assembled, Electrically Operated in Belgium

In 2022, shipments abroad of clock movements; complete and assembled, electrically operateds decreased by -11.1% to 22K units, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 56% against the previous year. As a result, the exports attained the peak of 33K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of clock movements; complete and assembled, electrically operateds contracted dramatically to $61K in 2022. Over the period under review, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 120% against the previous year. As a result, the exports attained the peak of $129K, and then reduced rapidly in the following year.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France12.117.527.032.438.9%
Germany1.70.38.64.033.0%
Switzerland2.11.181.64.024.0%
Poland0.20.20.13.0146.6%
Spain1.15.63.01.920.0%
Netherlands4.68.90.81.6-29.7%
United Kingdom8.07.53.71.6-41.5%
NorwayN/A0.2N/A1.2144.9%
Italy0.814.10.80.6-9.1%
Greece3.00.30.40.4-48.9%
HungaryN/A1.2N/AN/A0%
Others15.61.42.89.8-14.4%
Total49.258.412960.67.2%

Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Belgium in 2022:

  1. France (14.4K units)
  2. Poland (2.4K units)
  3. Spain (1.3K units)
  4. Greece (0.5K units)
  5. Germany (0.5K units)
  6. Switzerland (0.4K units)
  7. Norway (0.4K units)
  8. Netherlands (0.3K units)
  9. United Kingdom (0.3K units)
  10. Italy (0.2K units)

Source: IndexBox Market Intelligence Platform

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