Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Indonesia - 2022

Contents:

  1. Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Indonesia (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Indonesia (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Indonesia
  4. Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Indonesia

Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Indonesia (CIF) - 2022

In 2022, the average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $56 per unit, declining by -25.6% against the previous year. In general, the import price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 90% against the previous year. The import price peaked at $95 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($56 per unit), while the price for Singapore amounted to $42 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+12.8%).

Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Indonesia (FOB) - 2022

In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $1,275 per unit, rising by 3,195% against the previous year. Over the period under review, the export price showed a significant expansion. As a result, the export price reached 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 Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +26.8% per year.

Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Indonesia

In 2022, the amount of clock movements; complete and assembled, other than battery, accumulator or mains powereds imported into Indonesia skyrocketed to 3.5K units, increasing by 1,286% against the previous year. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds soared to $195K in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China56.715.916.419450.7%
Singapore4.41.20.10.1-71.7%
Others3.62.22.41.3-28.8%
Total64.819.318.919544.4%

Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to Indonesia in 2022:

  1. China (3.5K units)

Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Indonesia

In 2022, the amount of clock movements; complete and assembled, other than battery, accumulator or mains powereds exported from Indonesia reduced notably to 5 units, declining by -68.8% on 2021. In general, exports faced a significant curtailment. The growth pace was the most rapid in 2021 when exports increased by 6.7% against the previous year. Over the period under review, the exports of attained the peak figure at 17 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds soared to $6.4K in 2022. Over the period under review, exports, however, enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Indonesia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore6.01151196,374920.4%
Denmark1.01.0N/AN/A0.0%
Norway16.012.013.0N/A-9.9%
China81.011582.0N/A0.6%
Sri Lanka32.025.027.0N/A-8.1%
Iceland24.030.094.0N/A97.9%
Germany7.0N/AN/AN/A0%
Malaysia12.08.07.0N/A-23.6%
United Kingdom250196209N/A-8.6%
France58.042.043.0N/A-13.9%
Brunei Darussalam1.01.01.0N/A0.0%
Kuwait17.011.010.0N/A-23.3%
CanadaN/AN/A1.0N/A0%
Others16.010.013.0N/A-9.9%
Total5215666196,374130.4%

Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from Indonesia in 2022:

  1. Singapore (5.0 units)

Source: IndexBox Market Intelligence Platform

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