Price for Clock Movements; Complete and Assembled, Electrically Operated in the UK - 2023
Contents:
- Price for Clock Movements; Complete and Assembled, Electrically Operated in the UK (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Electrically Operated in the UK (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Electrically Operated in the UK
- Exports of Clock Movements; Complete and Assembled, Electrically Operated in the UK
Price for Clock Movements; Complete and Assembled, Electrically Operated in the UK (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $3 per unit, jumping by 41% against the previous year. Over the period under review, the import price, however, saw a deep setback. The growth pace was the most rapid in 2015 when the average import price increased by 149%. Over the period under review, average import prices attained the maximum at $15 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($54 per unit), while the price for China ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.8%), while the prices for the other major suppliers experienced a decline.
Price for Clock Movements; Complete and Assembled, Electrically Operated in the UK (FOB) - 2022
The average export price for clock movements; complete and assembled, electrically operateds stood at $40 per unit in 2022, growing by 8.5% against the previous year. Overall, the export price recorded a buoyant expansion. The growth pace was the most rapid in 2016 when the average export price increased by 165% against the previous year. As a result, the export price attained the peak level of $78 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($121 per unit), while the average price for exports to Germany ($6.1 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 Poland (+56.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled, Electrically Operated in the UK
In 2022, after three years of growth, there was significant decline in overseas purchases of clock movements; complete and assembled, electrically operateds, when their volume decreased by -21.1% to 163K units. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 50%. As a result, imports reached the peak of 206K units, and then fell remarkably in the following year.
In value terms, imports of clock movements; complete and assembled, electrically operateds rose sharply to $487K in 2022. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 84%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Clock Movements; Complete and Assembled, Electrically Operated in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.8 | 25.6 | 135 | 154 | 76.9% |
| China | 92.3 | 114 | 180 | 130 | 12.1% |
| Others | 153 | 98.8 | 124 | 204 | 10.1% |
| Total | 274 | 239 | 439 | 487 | 21.1% |
Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to the UK in 2022:
- China (153.4K units)
- Germany (2.8K units)
Exports of Clock Movements; Complete and Assembled, Electrically Operated in the UK
In 2022, the amount of clock movements; complete and assembled, electrically operateds exported from the UK plummeted to 6.7K units, waning by -68.2% on 2021. Over the period under review, exports, however, recorded a tangible expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 243%. As a result, the exports reached the peak of 21K units, and then shrank markedly in the following year.
In value terms, exports of clock movements; complete and assembled, electrically operateds reduced remarkably to $266K in 2022. Overall, exports, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2021 with an increase of 205%. As a result, the exports reached the peak of $772K, and then dropped markedly in the following year.
| Export of Clock Movements; Complete and Assembled, Electrically Operated in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 42.5 | 30.7 | 375 | 44.4 | 1.5% |
| United States | 16.3 | 94.5 | 38.5 | 38.2 | 32.8% |
| Greece | N/A | 0.1 | N/A | 27.0 | 1543.2% |
| Qatar | N/A | N/A | N/A | 25.1 | 0% |
| Netherlands | 19.2 | 11.3 | 31.1 | 23.2 | 6.5% |
| Ireland | 5.3 | 2.8 | 52.3 | 16.9 | 47.2% |
| Poland | 0.3 | 2.6 | 29.4 | 14.0 | 260.0% |
| Taiwan (Chinese) | N/A | 2.0 | N/A | 7.2 | 89.7% |
| France | 6.6 | 16.2 | 1.6 | 6.9 | 1.5% |
| United Arab Emirates | 3.9 | N/A | 16.6 | 5.0 | 8.6% |
| Sweden | 1.8 | N/A | 5.2 | 3.5 | 24.8% |
| Portugal | 0.6 | 0.2 | N/A | 2.1 | 51.8% |
| Germany | 36.0 | 7.0 | 21.4 | 1.5 | -65.3% |
| Others | 110 | 86.0 | 201 | 51.5 | -22.4% |
| Total | 242 | 253 | 772 | 266 | 3.2% |
Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from the UK in 2022:
- Ireland (1604.0 units)
- Netherlands (782.0 units)
- Greece (699.0 units)
- Qatar (450.0 units)
- Hong Kong SAR (418.0 units)
- Sweden (350.0 units)
- United States (317.0 units)
- United Arab Emirates (311.0 units)
- Taiwan (Chinese) (306.0 units)
- Poland (300.0 units)
- Portugal (259.0 units)
- Germany (250.0 units)
- France (242.0 units)
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