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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $12 per unit, shrinking by -76.8% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2021 an increase of 274% against the previous year. The import price peaked at $64 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($125 per unit), while the price for Spain ($5.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-3.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, purchases abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds was finally on the rise to reach 170 units after two years of decline. Overall, imports, however, showed a deep reduction. Over the period under review, imports of hit record highs at 232 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds contracted slightly to $2.1K in 2022. In general, imports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 56%. Over the period under review, imports of attained the peak figure at $2.6K 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 Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A1,2840%
Germany1,623326832625-27.2%
SpainN/AN/AN/A27.00%
Hong Kong SAR111N/AN/AN/A0%
Belgium732529211N/A-46.3%
United States90.0483N/AN/A436.7%
Others76.0N/A1,04412518.0%
Total2,6321,3382,0872,061-7.8%

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

  1. France (157.0 units)
  2. Germany (5.0 units)
  3. Spain (5.0 units)

Source: IndexBox Market Intelligence Platform

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