Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Malaysia - 2024
Contents:
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Malaysia (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Malaysia (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Malaysia
- Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Malaysia
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Malaysia (CIF) - 2022
The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $15 per unit in 2022, declining by -25% against the previous year. Overall, the import price, however, posted a strong increase. The pace of growth was the most pronounced in 2017 an increase of 373% against the previous year. Over the period under review, average import prices hit record highs at $20 per unit in 2021, and then fell markedly in the following year.
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 Switzerland ($193 per unit), while the price for Vietnam ($3.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+45.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Malaysia (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $376 per unit, picking up by 439% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 3,634%. The export price peaked at $3,848 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
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 Hong Kong SAR ($3,408 per unit), while the average price for exports to Brunei Darussalam ($25 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 the UK (+20,625.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Malaysia
In 2022, purchases abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds decreased by -72.5% to 3K units, falling for the second consecutive year after two years of growth. Overall, imports saw a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 107% against the previous year. As a result, imports reached the peak of 18K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds fell significantly to $44K in 2022. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 309%. As a result, imports attained the peak of $337K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 7.7 | N/A | 1.4 | 12.7 | 18.2% |
| Japan | N/A | 1.9 | N/A | 7.9 | 103.9% |
| China | 18.7 | 214 | 200 | 7.8 | -25.3% |
| Hong Kong SAR | 31.8 | 33.7 | 2.0 | 7.3 | -38.8% |
| Thailand | 1.2 | 87.3 | 5.8 | 4.3 | 53.0% |
| Vietnam | N/A | N/A | N/A | 3.5 | 0% |
| Others | 22.7 | N/A | 1.5 | N/A | -74.3% |
| Total | 82.2 | 337 | 211 | 43.6 | -19.1% |
Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to Malaysia in 2022:
- Hong Kong SAR (1172.0 units)
- Vietnam (1100.0 units)
- China (368.0 units)
- Japan (221.0 units)
- Switzerland (66.0 units)
- Thailand (53.0 units)
Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Malaysia
Exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds from Malaysia rose markedly to 72 units in 2022, growing by 14% against the previous year. The total export volume increased at an average annual rate of +20.0% over the period from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 26%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds soared to $27K in 2022. In general, exports enjoyed a temperate expansion. As a result, the exports attained 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 Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Hong Kong SAR | N/A | N/A | 20.4 | 0% | |
| Indonesia | N/A | N/A | 4.1 | 0% | |
| Brunei Darussalam | N/A | 1.4 | 1.4 | 0.0% | |
| Switzerland | N/A | 1.4 | 1.2 | -14.3% | |
| Vietnam | 13.9 | N/A | N/A | 0% | |
| Singapore | 11.1 | 1.5 | N/A | -86.5% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 25.0 | 4.4 | 27.1 | 4.1% | |
Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from Malaysia in 2022:
- Brunei Darussalam (54.0 units)
- Indonesia (7.0 units)
- Hong Kong SAR (6.0 units)
- Switzerland (5.0 units)
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