Price for Clock Movements; Complete and Assembled, Electrically Operated in Ecuador - 2022

Contents:

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

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

The average import price for clock movements; complete and assembled, electrically operateds stood at $1 per unit in 2022, with an increase of 20% against the previous year. In general, the import price showed buoyant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 168%. As a result, import price attained the peak level of $1.1 per unit. From 2020 to 2022, the average 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 the United States amounted to +47.4% per year.

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

The average export price for clock movements; complete and assembled, electrically operateds stood at $42 per unit in 2022, increasing by 9.2% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 58% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +58.3% per year.

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

In 2022, imports of clock movements; complete and assembled, electrically operateds into Ecuador skyrocketed to 27K units, with an increase of 143% against 2021 figures. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 486% against the previous year. As a result, imports attained the peak of 31K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of clock movements; complete and assembled, electrically operateds surged to $26K in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 366%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.36.08.225.0121.5%
PanamaN/A10.1N/AN/A0%
Others3.310.00.71.2-28.6%
Total5.626.19.026.267.3%

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

  1. China (26.7K units)

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

In 2022, exports of clock movements; complete and assembled, electrically operateds from Ecuador surged to 50 units, growing by 2,400% compared with the year before. Over the period under review, exports continue to indicate 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 clock movements; complete and assembled, electrically operateds soared to $2.1K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Ecuador (USD)
COUNTRY202020212022CAGR,
2020-2022
ColombiaN/AN/A2,0750%
China48.0N/AN/A0%
South Africa72.076.0N/A5.6%
OthersN/AN/AN/A0%
Total12076.02,075315.8%

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

  1. Colombia (50.0 units)

Source: IndexBox Market Intelligence Platform

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