Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Latvia - 2023

Contents:

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

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

In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $309 per unit, with an increase of 39% against the previous year. Overall, the export price enjoyed a significant increase. 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 Lithuania.

From 2014 to 2022, the rate of growth in terms of prices for Lithuania amounted to +72.8% per year.

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

The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $30 per unit in 2022, increasing by 34% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 221% against the previous year. Over the period under review, average import prices attained the peak figure at $30 per unit in 2012; however, from 2013 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 France.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +39.5% per year.

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

In 2022, the amount of clock movements; complete and assembled, other than battery, accumulator or mains powereds exported from Latvia shrank markedly to 2 units, waning by -50% on 2021 figures. Overall, exports recorded a dramatic downturn. The exports peaked at 4 units in 2021, and then reduced dramatically in the following year.

In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds shrank notably to $617 in 2022. Over the period under review, exports continue to indicate a sharp contraction. Over the period under review, the exports of hit record highs at $888 in 2021, and then reduced rapidly in the following year.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Latvia (USD)
COUNTRY20212022CAGR,
2021-2022
Lithuania36061771.4%
Estonia528N/A0%
OthersN/AN/A0%
Total888617-30.5%

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

  1. Lithuania (2.0 units)

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

In 2022, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds into Latvia dropped remarkably to 19 units, reducing by -88.3% against the previous year. Over the period under review, imports saw a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 8,000% against the previous year. Over the period under review, imports of hit record highs at 627 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds reduced notably to $561 in 2022. In general, imports saw a dramatic decrease. The growth pace was the most rapid in 2021 when imports increased by 14,168% against the previous year. Over the period under review, imports of reached the peak figure at $4.5K 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 Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A0.60%
China4.1N/AN/AN/A0%
Germany0.4N/A0.2N/A-29.3%
FinlandN/AN/A0.1N/A0%
EstoniaN/AN/AN/AN/A0%
CanadaN/AN/A3.3N/A0%
OthersN/AN/AN/AN/A0%
Total4.5N/A3.60.6-48.9%

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

  1. France (19.0 units)

Source: IndexBox Market Intelligence Platform

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