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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $0.1 per unit, with a decrease of -30.8% against the previous year. In general, the import price showed a significant decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 3.4% against the previous year. The import price peaked at $1.1 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 China amounted to -12.4% per year.

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

In 2022, the average export price for clock movements; complete and assembled, electrically operateds amounted to $3.4 per unit, reducing by -71.3% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2021 an increase of 51%. As a result, the export price attained the peak level of $12 per unit, and then plummeted in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +253.2% per year.

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

In 2022, imports of clock movements; complete and assembled, electrically operateds into Sri Lanka surged to 165K units, rising by 154% against the year before. Over the period under review, imports showed a significant increase. 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 skyrocketed to $14K in 2022. Overall, imports posted a buoyant expansion. Imports peaked at $15K in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.19.15.714.232.5%
Germany2.15.32.1N/A0.0%
Others0.10.10.3N/A73.2%
Total8.414.68.114.219.1%

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

  1. China (165.1K units)

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

In 2022, the amount of clock movements; complete and assembled, electrically operateds exported from Sri Lanka soared to 215 units, rising by 144% on 2021 figures. In general, exports showed a buoyant increase. 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 dropped sharply to $729 in 2022. Over the period under review, exports, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 118% against the previous year. As a result, the exports reached the peak of $1K, and then shrank notably in the following year.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
BulgariaN/AN/AN/A7140%
United Kingdom692406875N/A12.4%
United Arab Emirates68.035.079.0N/A7.8%
Bahrain58.014.012.0N/A-54.5%
OthersN/A23.074.015.0-19.2%
Total8184781,040729-3.8%

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

  1. Bulgaria (214.0 units)

Source: IndexBox Market Intelligence Platform

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