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

Contents:

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

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

The average import price for clock movements; complete and assembled, electrically operateds stood at $1.8 per unit in 2022, waning by -57.9% against the previous year. Overall, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 70%. As a result, import price reached the peak level of $12 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($18 per unit), while the price for China ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for clock movements; complete and assembled, electrically operateds amounted to $1 per unit, dropping by -92.5% against the previous year. Overall, the export price continues to indicate a significant decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 1,324%. The export price peaked at $72 per unit in 2014; however, from 2015 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 Switzerland ($3.6 per unit), while the average price for exports to Kazakhstan ($0.2 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 Russia (+0.8%), while the prices for the other major destinations experienced a decline.

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

Imports of clock movements; complete and assembled, electrically operateds into Finland surged to 26K units in 2022, jumping by 107% compared with 2021 figures. Over the period under review, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of clock movements; complete and assembled, electrically operateds fell to $46K in 2022. Overall, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Over the period under review, imports of reached the peak figure at $78K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.50.12.822.215.3%
SwedenN/A15.621.214.0-5.3%
Germany10.70.15.28.5-7.4%
Others53.222.723.61.2-71.7%
Total78.338.552.746.0-16.2%

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

  1. China (17.2K units)
  2. Sweden (5.0K units)
  3. Germany (3.3K units)

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

In 2022, shipments abroad of clock movements; complete and assembled, electrically operateds was finally on the rise to reach 1.3K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt descent. Over the period under review, the exports of reached the peak figure at 1.8K 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 significantly to $1.4K in 2022. In general, exports, however, saw a sharp contraction. The smallest decline of -44.7% was in 2021. Over the period under review, the exports of reached the peak figure at $53K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia0.70.21.20.5-10.6%
KazakhstanN/AN/AN/A0.20%
Sweden0.40.20.10.1-37.0%
SwitzerlandN/AN/AN/A0.10%
Russia31.82.510.1N/A-43.6%
NorwayN/AN/AN/AN/A0%
Ukraine19.618.1N/AN/A-7.7%
Others0.1N/A0.30.458.7%
Total52.621.111.71.4-70.1%

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

  1. Kazakhstan (976.0 units)
  2. Estonia (252.0 units)
  3. Sweden (47.0 units)
  4. Switzerland (31.0 units)
  5. Norway (22.0 units)

Source: IndexBox Market Intelligence Platform

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