Price for Clock Movements; Complete and Assembled in Italy - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Italy (FOB) - 2022
- Price for Clock Movements; Complete and Assembled in Italy (CIF) - 2022
- Exports of Clock Movements; Complete and Assembled in Italy
- Imports of Clock Movements; Complete and Assembled in Italy
Price for Clock Movements; Complete and Assembled in Italy (FOB) - 2022
The average export price for clock movements; complete and assembleds stood at $52 per unit in 2022, with an increase of 28% against the previous year. In general, the export price enjoyed prominent growth. The pace of growth appeared the most rapid in 2016 an increase of 103% against the previous year. Over the period under review, the average export prices reached the maximum at $60 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($166 per unit), while the average price for exports to Switzerland ($12 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 Hong Kong SAR (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled in Italy (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $0.5 per unit in 2022, falling by -49.6% against the previous year. In general, the import price faced a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 104% against the previous year. The import price peaked at $2.2 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3 per unit), while the price for Hong Kong SAR ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.2%), while the prices for the other major suppliers experienced a decline.
Exports of Clock Movements; Complete and Assembled in Italy
After three years of growth, shipments abroad of clock movements; complete and assembleds decreased by -29.6% to 45K units in 2022. In general, total exports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. As a result, the exports attained the peak of 64K units, and then shrank remarkably in the following year.
In value terms, clock movements; complete and assembled exports dropped to $2.3M in 2022. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 65% against the previous year. As a result, the exports reached the peak of $2.6M, and then dropped in the following year.
| Export of Clock Movements; Complete and Assembled in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 78.5 | 358 | 612 | 984 | 132.3% |
| United States | 39.8 | 110 | 228 | 281 | 91.8% |
| United Kingdom | 282 | 91.8 | 414 | 266 | -1.9% |
| Macao SAR | 2.3 | N/A | 128 | 197 | 340.8% |
| United Arab Emirates | 12.3 | 7.9 | 8.3 | 164 | 137.1% |
| Switzerland | 120 | 140 | 139 | 139 | 5.0% |
| Netherlands | 120 | 92.8 | 116 | 4.6 | -66.3% |
| Spain | 37.0 | 22.3 | 70.1 | 3.2 | -55.8% |
| Germany | 194 | 164 | 120 | 1.7 | -79.4% |
| France | 219 | 286 | 237 | 1.4 | -81.4% |
| Others | 166 | 281 | 493 | 275 | 18.3% |
| Total | 1,272 | 1,553 | 2,566 | 2,317 | 22.1% |
Top Export Markets for Clock Movements; Complete and Assembled from Italy in 2022:
- Germany (undefinedK units)
- Hong Kong SAR (20.3K units)
- Switzerland (11.8K units)
- United States (3.4K units)
- United Arab Emirates (2.7K units)
- United Kingdom (2.5K units)
- Macao SAR (1.2K units)
- Netherlands (0.2K units)
- France (0.1K units)
- Spain (0.1K units)
Imports of Clock Movements; Complete and Assembled in Italy
Clock movements; complete and assembled imports into Italy soared to 2M units in 2022, with an increase of 41% on 2021. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 decreased by -8.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 58% against the previous year. As a result, imports attained the peak of 2.2M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, clock movements; complete and assembled imports reduced dramatically to $956K in 2022. Overall, imports, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports reached the peak of $1.3M, and then fell rapidly in the following year.
| Import of Clock Movements; Complete and Assembled in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 401 | 218 | 444 | 338 | -5.5% |
| Japan | 246 | 168 | 245 | 175 | -10.7% |
| Switzerland | 136 | 180 | 181 | 170 | 7.7% |
| Hong Kong SAR | 3.2 | 170 | 6.1 | 104 | 219.1% |
| Spain | 1.3 | 8.7 | 12.2 | 77.7 | 291.0% |
| Thailand | 15.5 | 5.6 | 105 | 4.8 | -32.3% |
| United States | N/A | 112 | 3.6 | N/A | -96.8% |
| Others | 200 | 151 | 345 | 88.0 | -23.9% |
| Total | 1,003 | 1,014 | 1,342 | 956 | -1.6% |
Top Suppliers of Clock Movements; Complete and Assembled to Italy in 2022:
- Hong Kong SAR (935.0K units)
- China (444.8K units)
- Japan (428.0K units)
- Spain (107.7K units)
- Switzerland (78.5K units)
- Thailand (7.9K units)
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