Price for Clock Movements; Complete and Assembled, Electrically Operated in Turkey - 2024
Contents:
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Turkey (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Turkey (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Electrically Operated in Turkey
- Exports of Clock Movements; Complete and Assembled, Electrically Operated in Turkey
Price for Clock Movements; Complete and Assembled, Electrically Operated in Turkey (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $3 per unit, waning by -11% against the previous year. In general, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 34% against the previous year. The import price peaked at $15 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 -15.9% per year.
Price for Clock Movements; Complete and Assembled, Electrically Operated in Turkey (FOB) - 2022
The average export price for clock movements; complete and assembled, electrically operateds stood at $6.5 per unit in 2022, increasing by 54% against the previous year. Overall, the export price showed a prominent expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 290%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($20 per unit), while the average price for exports to Serbia ($0.7 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 Algeria (+138.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled, Electrically Operated in Turkey
After three years of growth, purchases abroad of clock movements; complete and assembled, electrically operateds decreased by -6% to 457K units in 2022. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. As a result, imports attained the peak of 486K units, and then reduced in the following year.
In value terms, imports of clock movements; complete and assembled, electrically operateds dropped rapidly to $1.3M in 2022. Over the period under review, imports saw a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $1.6M, and then declined markedly in the following year.
| Import of Clock Movements; Complete and Assembled, Electrically Operated in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.5 | 1.1 | 1.6 | 1.3 | -4.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.5 | 1.1 | 1.6 | 1.3 | -4.7% |
Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Turkey in 2022:
- China (453.9K units)
Exports of Clock Movements; Complete and Assembled, Electrically Operated in Turkey
Exports of clock movements; complete and assembled, electrically operateds from Turkey dropped to 13K units in 2022, waning by -9.1% against 2021. Over the period under review, exports recorded a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports of reached the peak figure at 57K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of clock movements; complete and assembled, electrically operateds surged to $84K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Clock Movements; Complete and Assembled, Electrically Operated in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.5 | N/A | 6.7 | 35.1 | 115.6% |
| Georgia | 1.4 | N/A | N/A | 12.3 | 106.3% |
| Netherlands | N/A | N/A | 0.1 | 11.0 | 10900.0% |
| Italy | 0.5 | 6.9 | 0.7 | 7.1 | 142.2% |
| Israel | N/A | 4.7 | N/A | 6.5 | 17.6% |
| Spain | 11.0 | N/A | 0.7 | 1.0 | -55.0% |
| Ukraine | N/A | N/A | N/A | 0.9 | 0% |
| Croatia | 4.3 | N/A | N/A | N/A | 0% |
| Bosnia and Herzegovina | 3.0 | 0.6 | 2.1 | N/A | -16.3% |
| Slovenia | N/A | 11.4 | N/A | N/A | 0% |
| Serbia | N/A | 3.3 | 3.6 | N/A | 9.1% |
| Denmark | 7.7 | N/A | N/A | N/A | 0% |
| Algeria | 19.5 | 0.4 | 0.1 | N/A | -92.8% |
| Others | 8.0 | 22.6 | 45.8 | 10.1 | 8.1% |
| Total | 58.9 | 50.0 | 59.8 | 83.9 | 12.5% |
Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Turkey in 2022:
- Germany (6.9K units)
- Israel (2.2K units)
- Netherlands (1.1K units)
- Ukraine (1.0K units)
- Georgia (0.6K units)
- Italy (0.4K units)
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