Price for Clock Movements; Complete and Assembled, Electrically Operated in Norway - 2024

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $18 per unit, reducing by -18.2% against the previous year. In general, the import price, however, enjoyed moderate growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 99% against the previous year. As a result, import price attained the peak level of $33 per unit. From 2021 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 China ($48 per unit), while the price for Bangladesh ($4.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for clock movements; complete and assembled, electrically operateds amounted to $15 per unit, jumping by 118% against the previous year. Overall, the export price saw mild growth. The most prominent rate of growth was recorded in 2019 an increase of 282% against the previous year. The export price peaked at $374 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($137 per unit), while the average price for exports to the UK ($6.6 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 Sweden (+16.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 5.3K units of clock movements; complete and assembled, electrically operateds were imported into Norway; increasing by 145% compared with 2021 figures. Overall, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of clock movements; complete and assembled, electrically operateds surged to $93K in 2022. Over the period under review, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1.80.20.244.1190.4%
Germany34.022.115.023.7-11.3%
China3.61.11.87.728.8%
Bangladesh1.70.11.05.346.1%
Honduras0.5N/AN/AN/A0%
Others13.333.928.712.6-1.8%
Total54.957.446.793.419.4%

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

  1. Germany (2.2K units)
  2. Sweden (1.3K units)
  3. Bangladesh (1.2K units)
  4. China (0.2K units)

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

After three years of growth, shipments abroad of clock movements; complete and assembled, electrically operateds decreased by -98.8% to 96 units in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 5,000%. As a result, the exports attained the peak of 8.1K units, and then reduced dramatically in the following year.

In value terms, exports of clock movements; complete and assembled, electrically operateds shrank dramatically to $1.4K in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 6,151%. As a result, the exports attained the peak of $54K, and then declined notably in the following year.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/A0.73.80.6-7.4%
United Arab EmiratesN/AN/AN/A0.50%
United KingdomN/AN/AN/A0.30%
DenmarkN/A0.241.4N/A20600.0%
Others0.2N/A9.2N/A578.2%
Total0.20.954.41.491.3%

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

  1. Sweden (52.0 units)
  2. United Kingdom (40.0 units)
  3. United Arab Emirates (4.0 units)

Source: IndexBox Market Intelligence Platform

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