Price for Clock Movements; Complete and Assembled in Indonesia - 2022
Contents:
- Price for Clock Movements; Complete and Assembled in Indonesia (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Indonesia (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Indonesia
- Exports of Clock Movements; Complete and Assembled in Indonesia
Price for Clock Movements; Complete and Assembled in Indonesia (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $5.2 per unit in 2022, dropping by -29.4% against the previous year. Over the period under review, the import price saw a abrupt decline. The pace of growth appeared the most rapid in 2014 an increase of 74% against the previous year. Over the period under review, average import prices reached the peak figure at $15 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7.3 per unit), while the price for Hong Kong SAR ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-6.8%), while the prices for the other major suppliers experienced a decline.
Price for Clock Movements; Complete and Assembled in Indonesia (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembleds amounted to $11 per unit, flattening at the previous year. Over the period under review, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2017 an increase of 74%. The export price peaked at $16 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($298 per unit), while the average price for exports to Kuwait ($6.3 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 Malaysia (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled in Indonesia
In 2022, approx. 379K units of clock movements; complete and assembleds were imported into Indonesia; picking up by 107% on the previous year. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, clock movements; complete and assembled imports surged to $2M in 2022. Over the period under review, imports showed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 97%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Clock Movements; Complete and Assembled in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,333 | 603 | 1,255 | 1,862 | 11.8% |
| Hong Kong SAR | 47.5 | 30.2 | 12.5 | 52.7 | 3.5% |
| Others | 80.6 | 50.4 | 76.9 | 47.9 | -15.9% |
| Total | 1,461 | 684 | 1,345 | 1,963 | 10.3% |
Top Suppliers of Clock Movements; Complete and Assembled to Indonesia in 2022:
- China (255.8K units)
- Hong Kong SAR (115.3K units)
Exports of Clock Movements; Complete and Assembled in Indonesia
In 2022, overseas shipments of clock movements; complete and assembleds were finally on the rise to reach 880 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a deep reduction. Over the period under review, the exports attained the peak figure at 1.6K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, clock movements; complete and assembled exports surged to $9.9K in 2022. Over the period under review, exports, however, saw a dramatic descent. The exports peaked at $22K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Clock Movements; Complete and Assembled in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 4.5 | 4.0 | 1.8 | 2.6 | -16.7% |
| Netherlands | 0.7 | 0.8 | 0.4 | 1.0 | 12.6% |
| Iceland | 0.4 | 0.6 | 0.8 | 0.9 | 31.0% |
| China | 1.5 | 2.3 | 0.7 | 0.8 | -18.9% |
| Hungary | 1.7 | 0.7 | 0.5 | 0.7 | -25.6% |
| South Africa | 0.5 | 0.4 | 0.2 | 0.2 | -26.3% |
| Kuwait | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Germany | 2.5 | N/A | N/A | N/A | 0% |
| Others | 10.3 | 5.1 | 1.3 | 3.6 | -29.6% |
| Total | 22.5 | 14.1 | 5.7 | 9.9 | -23.9% |
Top Export Markets for Clock Movements; Complete and Assembled from Indonesia in 2022:
- United Kingdom (137.0 units)
- Hungary (95.0 units)
- Netherlands (79.0 units)
- Iceland (74.0 units)
- China (62.0 units)
- South Africa (16.0 units)
- Kuwait (15.0 units)
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