Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Azerbaijan - 2023
Contents:
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Azerbaijan (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Azerbaijan (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Azerbaijan
- Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Azerbaijan
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Azerbaijan (CIF) - 2022
The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $0.4 per unit in 2022, shrinking by -57.5% against the previous year. Overall, the import price showed a precipitous slump. The pace of growth was the most pronounced in 2019 a decrease of -5%. Over the period under review, average import prices attained the maximum at $11 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2016 to 2022, the rate of growth in terms of prices for Germany amounted to -35.8% per year.
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Azerbaijan (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $75 per unit, with an increase of 33% against the previous year. Over the last one-year period, it increased at an average annual rate of +33.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2021 to 2022, the rate of growth in terms of prices for Georgia amounted to +292.2% per year.
Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Azerbaijan
In 2022, the amount of clock movements; complete and assembled, other than battery, accumulator or mains powereds imported into Azerbaijan amounted to 4.9K units, increasing by 6.5% on the year before. Over the period under review, imports, however, faced a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 204% against the previous year. Imports peaked at 72K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds fell significantly to $1.9K in 2022. Overall, imports, however, continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 96%. Imports peaked at $173K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.3 | N/A | N/A | 1.9 | 85.0% |
| Germany | 167 | 2.0 | 4.0 | N/A | -84.5% |
| Others | 5.6 | 0.1 | 0.1 | N/A | -86.6% |
| Total | 173 | 2.1 | 4.1 | 1.9 | -77.8% |
Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to Azerbaijan in 2022:
- China (4.9K units)
Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Azerbaijan
Exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds from Azerbaijan declined dramatically to 3 units in 2022, waning by -62.5% compared with the previous year's figure. In general, exports saw a sharp curtailment. Over the period under review, the exports of reached the peak figure at 8 units in 2021, and then reduced remarkably in the following year.
In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds fell significantly to $225 in 2022. Over the period under review, exports faced a precipitous decrease. The exports peaked at $450 in 2021, and then declined dramatically in the following year.
| Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Georgia | 153 | 225 | 47.1% | ||
| Others | 297 | N/A | 0% | ||
| Total | 450 | 225 | -50.0% | ||
Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from Azerbaijan in 2022:
- Georgia (3.0 units)
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