Price for Clock Movements; Complete and Assembled in Germany - 2023

Contents:

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

Price for Clock Movements; Complete and Assembled in Germany (FOB) - 2022

In 2022, the average export price for clock movements; complete and assembleds amounted to $7.5 per unit, rising by 4.1% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clock movements; complete and assembled export price increased by +72.3% against 2013 indices. The most prominent rate of growth was recorded in 2020 an increase of 29% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($69 per unit), while the average price for exports to India ($1.8 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 the UK (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Clock Movements; Complete and Assembled in Germany (CIF) - 2022

The average import price for clock movements; complete and assembleds stood at $4.2 per unit in 2022, surging by 25% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clock movements; complete and assembled import price increased by +23.8% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 35% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($24 per unit), while the price for China ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Clock Movements; Complete and Assembled in Germany

In 2022, approx. 1.3M units of clock movements; complete and assembleds were exported from Germany; increasing by 2.4% compared with 2021 figures. In general, exports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 26%. The exports peaked at 1.4M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, clock movements; complete and assembled exports rose sharply to $9.5M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.6% 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 +52.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Clock Movements; Complete and Assembled in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,4942,5984,6035,00726.2%
China9647499451,50816.1%
United Kingdom29325441050019.5%
Austria340250284280-6.3%
Netherlands1941941792316.0%
France2062042082293.6%
Poland263312294219-5.9%
Switzerland1901542192174.5%
Italy272184239171-14.3%
India312254416149-21.8%
Russia13011394.3104-7.2%
Spain18916613491.4-21.5%
Czech Republic17875.010286.3-21.4%
Others981713765683-11.4%
Total7,0076,2218,8939,47610.6%

Top Export Markets for Clock Movements; Complete and Assembled from Germany in 2022:

  1. China (334.5K units)
  2. Italy (87.3K units)
  3. United Kingdom (81.2K units)
  4. India (80.9K units)
  5. United States (72.6K units)
  6. Netherlands (63.2K units)
  7. France (62.0K units)
  8. Austria (56.8K units)
  9. Russia (52.9K units)
  10. Poland (48.6K units)
  11. Czech Republic (45.8K units)
  12. Switzerland (44.4K units)
  13. Spain (37.3K units)

Imports of Clock Movements; Complete and Assembled in Germany

In 2022, after three years of growth, there was significant decline in supplies from abroad of clock movements; complete and assembleds, when their volume decreased by -15.6% to 732K units. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, imports attained the peak of 867K units, and then reduced markedly in the following year.

In value terms, clock movements; complete and assembled imports stood at $3.1M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Clock Movements; Complete and Assembled in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China51965766970710.9%
South Korea47.9130289541124.4%
Brazil18113324342532.9%
Italy2133572962505.5%
Hong Kong SAR2042814882192.4%
France44.322.912012742.1%
Others931640813816-4.3%
Total2,1402,2202,9183,08513.0%

Top Suppliers of Clock Movements; Complete and Assembled to Germany in 2022:

  1. China (385.3K units)
  2. Italy (133.7K units)
  3. South Korea (94.9K units)
  4. Hong Kong SAR (44.6K units)
  5. France (23.5K units)
  6. Brazil (17.8K units)

Source: IndexBox Market Intelligence Platform

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