Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Australia - 2024
Contents:
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Australia (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Australia (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Australia
- Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Australia
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Australia (CIF) - 2022
The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $5.7 per unit in 2022, flattening at the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds increased by +59.5% against 2018 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 38%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($22 per unit), while the price for China ($2.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Australia (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $483 per unit, growing by 248% against the previous year. Over the period under review, the export price continues to indicate significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,456 per unit), while the average price for exports to Belgium ($5.1 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 India (+212.2%).
Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Australia
In 2022, approx. 12K units of clock movements; complete and assembled, other than battery, accumulator or mains powereds were imported into Australia; falling by -42.7% compared with 2021. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. As a result, imports attained the peak of 21K units, and then reduced sharply in the following year.
In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds declined significantly to $68K in 2022. In general, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 106%. As a result, imports reached the peak of $118K, and then contracted dramatically in the following year.
| Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.3 | 17.8 | 7.8 | 22.4 | 9.0% |
| China | 12.1 | 8.1 | 35.9 | 17.2 | 12.4% |
| Taiwan (Chinese) | 8.1 | 12.5 | 9.7 | 9.4 | 5.1% |
| Switzerland | N/A | 4.4 | N/A | 4.7 | 3.4% |
| United States | N/A | 2.8 | 1.1 | 3.4 | 10.2% |
| Hong Kong SAR | 22.3 | 1.1 | 2.4 | N/A | -67.2% |
| Thailand | N/A | 2.3 | N/A | N/A | 0% |
| Japan | N/A | N/A | 23.2 | N/A | 0% |
| Others | 21.1 | 8.5 | 38.3 | 10.7 | -20.3% |
| Total | 81.0 | 57.4 | 118 | 67.9 | -5.7% |
Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to Australia in 2022:
- China (6.7K units)
- Taiwan (Chinese) (2.4K units)
- United States (1.2K units)
- Germany (1.0K units)
- Switzerland (0.6K units)
Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Australia
In 2022, after three years of growth, there was significant decline in shipments abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds, when their volume decreased by -91.5% to 14 units. Over the period under review, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 76%. As a result, the exports attained the peak of 164 units, and then contracted notably in the following year.
In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds contracted remarkably to $6.8K in 2022. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 156%. The exports peaked at $23K in 2021, and then declined significantly in the following year.
| Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 5.5 | 0% |
| Indonesia | N/A | N/A | N/A | 0.9 | 0% |
| New Zealand | N/A | 5.8 | N/A | 0.3 | -77.3% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Switzerland | 3.5 | N/A | N/A | N/A | 0% |
| New Caledonia | N/A | N/A | 0.4 | N/A | 0% |
| United Arab Emirates | N/A | 3.0 | 1.0 | N/A | -66.7% |
| Singapore | N/A | N/A | 18.0 | N/A | 0% |
| Others | N/A | 0.1 | 3.3 | N/A | 3200.0% |
| Total | 3.5 | 9.0 | 22.7 | 6.8 | 24.8% |
Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from Australia in 2022:
- Belgium (9.0 units)
- New Zealand (3.0 units)
- United States (1.0 units)
- Indonesia (1.0 units)
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