Price for Clock Movements; Complete and Assembled, Electrically Operated in China - 2023
Contents:
- Price for Clock Movements; Complete and Assembled, Electrically Operated in China (FOB) - 2022
- Price for Clock Movements; Complete and Assembled, Electrically Operated in China (CIF) - 2022
- Exports of Clock Movements; Complete and Assembled, Electrically Operated in China
- Imports of Clock Movements; Complete and Assembled, Electrically Operated in China
Price for Clock Movements; Complete and Assembled, Electrically Operated in China (FOB) - 2022
The average export price for clock movements; complete and assembled, electrically operateds stood at $0.3 per unit in 2022, picking up by 2.5% against the previous year. Over the period under review, the export price continues to indicate slight growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 1,519% against the previous year. Over the period under review, the average export prices hit record highs at $7.3 per unit in 2016; however, from 2017 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 South Korea ($1 per unit), while the average price for exports to Pakistan ($0.1 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 South Korea (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled, Electrically Operated in China (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $2.1 per unit, jumping by 29% against the previous year. In general, the import price, however, recorded a noticeable slump. The growth pace was the most rapid in 2014 an increase of 144% against the previous year. As a result, import price attained the peak level of $6.2 per unit. From 2015 to 2022, the average import prices remained at a somewhat 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 Japan ($5 per unit), while the price for Taiwan (Chinese) ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.3%), while the prices for the other major suppliers experienced a decline.
Exports of Clock Movements; Complete and Assembled, Electrically Operated in China
Exports of clock movements; complete and assembled, electrically operateds from China reduced slightly to 79M units in 2022, dropping by -3.2% on 2021 figures. Overall, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 10%. Over the period under review, the exports of reached the peak figure at 97M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of clock movements; complete and assembled, electrically operateds shrank to $25M in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of $25M, leveling off in the following year.
| Export of Clock Movements; Complete and Assembled, Electrically Operated in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.2 | 4.9 | 6.6 | 5.8 | -7.0% |
| Indonesia | 2.5 | 1.4 | 2.3 | 2.7 | 2.6% |
| United States | 1.8 | 1.1 | 1.7 | 1.7 | -1.9% |
| Turkey | 1.5 | 1.4 | 1.3 | 1.5 | 0.0% |
| Brazil | 0.8 | 0.9 | 0.8 | 1.2 | 14.5% |
| South Korea | 1.1 | 1.0 | 1.2 | 1.2 | 2.9% |
| Vietnam | 2.0 | 1.5 | 0.7 | 1.1 | -18.1% |
| Russia | 0.4 | 0.2 | 0.7 | 1.0 | 35.7% |
| Malaysia | N/A | 0.2 | 0.9 | 0.9 | 112.1% |
| Japan | 0.2 | 0.4 | 0.4 | 0.8 | 58.7% |
| Bangladesh | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
| Pakistan | 0.1 | 0.3 | 0.4 | 0.5 | 71.0% |
| Belarus | 0.6 | 1.0 | 1.0 | 0.5 | -5.9% |
| Others | 6.2 | 6.2 | 6.4 | 5.2 | -5.7% |
| Total | 24.9 | 21.0 | 25.0 | 24.8 | -0.1% |
Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from China in 2022:
- India (24.1M units)
- Indonesia (13.6M units)
- Turkey (5.6M units)
- Brazil (5.4M units)
- Pakistan (4.5M units)
- Malaysia (3.0M units)
- Bangladesh (2.2M units)
- Russia (2.2M units)
- United States (2.1M units)
- Vietnam (1.8M units)
- South Korea (1.3M units)
- Belarus (1.2M units)
- Japan (1.2M units)
Imports of Clock Movements; Complete and Assembled, Electrically Operated in China
In 2022, approx. 884K units of clock movements; complete and assembled, electrically operateds were imported into China; which is down by -14.8% on 2021. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 1.1% against the previous year. Imports peaked at 1.2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of clock movements; complete and assembled, electrically operateds rose sharply to $1.9M in 2022. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 30%. Over the period under review, imports of reached the maximum at $1.9M in 2019; afterwards, it flattened through to 2022.
| Import of Clock Movements; Complete and Assembled, Electrically Operated in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 495 | 830 | 1,231 | 1,088 | 30.0% |
| Germany | 520 | 116 | 3.4 | 367 | -11.0% |
| Japan | 189 | 250 | 379 | 295 | 16.0% |
| Taiwan (Chinese) | 62.4 | 31.4 | 29.2 | 73.3 | 5.5% |
| Vietnam | 609 | 49.8 | 0.1 | N/A | -98.7% |
| Others | 21.7 | 30.9 | 59.7 | 42.7 | 25.3% |
| Total | 1,897 | 1,307 | 1,703 | 1,867 | -0.5% |
Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to China in 2022:
- Thailand (488.8K units)
- Germany (243.5K units)
- Taiwan (Chinese) (88.8K units)
- Japan (58.5K units)
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