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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $2.5 per unit, with a decrease of -3.3% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2017 an increase of 72% against the previous year. The import price peaked at $4.9 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hong Kong SAR ($3.4 per unit) and Japan ($2.5 per unit), while the price for China ($2.5 per unit) and Thailand ($2.5 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+15.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for clock movements; complete and assembled, electrically operateds amounted to $6.2 per unit, shrinking by -12.7% against the previous year. Overall, the export price, however, enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices hit record highs at $20 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to +26.0% per year.

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

In 2022, the amount of clock movements; complete and assembled, electrically operateds imported into Indonesia reached 377K units, increasing by 9.7% against 2021 figures. In general, imports recorded a perceptible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 139% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of clock movements; complete and assembled, electrically operateds rose notably to $937K in 2022. Over the period under review, imports posted noticeable growth. The pace of growth appeared the most rapid in 2021 when imports increased by 142% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7673048238945.2%
Thailand9.818.219.322.431.7%
Germany43.54.915.85.6-49.5%
Hong Kong SAR38.129.60.20.1-86.2%
Others16.89.125.615.6-2.4%
Total8753668849372.3%

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

  1. China (360.4K units)
  2. Thailand (9.0K units)
  3. Germany (2.3K units)

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

In 2022, approx. 32 units of clock movements; complete and assembled, electrically operateds were exported from Indonesia; picking up by 68% compared with the year before. Overall, exports, however, showed a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 90%. Over the period under review, the exports of hit record highs at 1.4K 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 skyrocketed to $200 in 2022. In general, exports, however, recorded a dramatic contraction. The exports peaked at $13K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore2.2N/AN/A0.2-55.0%
Hungary3.0N/AN/AN/A0%
Germany4.1N/AN/AN/A0%
Malaysia0.7N/A0.1N/A-62.2%
Netherlands1.1N/AN/AN/A0%
Bahrain1.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total12.90.10.10.2-75.1%

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

  1. Singapore (32.0 units)

Source: IndexBox Market Intelligence Platform

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