Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Pakistan - 2023
Contents:
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Pakistan (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Pakistan (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Pakistan
- Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Pakistan
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Pakistan (CIF) - 2022
The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $2.8 per unit in 2022, growing by 29% against the previous year. Over the period under review, the import price showed a prominent increase. The growth pace was the most rapid in 2021 an increase of 79%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +13.8% per year.
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Pakistan (FOB) - 2022
The average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $2.4 per unit in 2022, remaining constant against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices attained the peak figure at $2.6 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($7.3 per unit), while the average price for exports to South Africa ($0.4 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 (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Pakistan
In 2022, purchases abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds decreased by -52.9% to 39K units, falling for the second consecutive year after two years of growth. Overall, imports saw a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 50% against the previous year. As a result, imports attained the peak of 125K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds shrank rapidly to $108K in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 37% against the previous year. Imports peaked at $177K in 2021, and then reduced notably in the following year.
| Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 101 | 145 | 172 | 108 | 2.3% |
| Taiwan (Chinese) | 2.9 | 2.8 | 2.5 | N/A | -7.2% |
| Others | 5.6 | 2.1 | 2.6 | N/A | -31.9% |
| Total | 109 | 150 | 177 | 108 | -0.3% |
Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to Pakistan in 2022:
- China (39.0K units)
Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Pakistan
In 2022, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds from Pakistan amounted to 952 units, therefore, remained relatively stable against the previous year. Overall, exports saw a significant contraction. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of reached the maximum at 3.1K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $2.3K in 2022. Over the period under review, exports continue to indicate a sharp slump. The smallest decline of 99.9% was in 2021. The exports peaked at $4.5K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Pakistan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Oman | 1,618 | N/A | 1,194 | -14.1% | |
| United Kingdom | 159 | N/A | 581 | 91.2% | |
| Ireland | N/A | N/A | 268 | 0% | |
| Kuwait | 145 | N/A | 108 | -13.7% | |
| United Arab Emirates | 44.0 | N/A | 41.0 | -3.5% | |
| South Africa | N/A | N/A | 27.0 | 0% | |
| Botswana | 23.0 | N/A | N/A | 0% | |
| United States | 1,646 | N/A | N/A | 0% | |
| Others | 896 | N/A | 48.0 | -76.9% | |
| Total | 4,531 | N/A | 2,267 | -29.3% | |
Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from Pakistan in 2022:
- Oman (500.0 units)
- Ireland (225.0 units)
- United Kingdom (80.0 units)
- South Africa (65.0 units)
- Kuwait (47.0 units)
- United Arab Emirates (19.0 units)
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