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

Contents:

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

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

In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $1.4 per unit, shrinking by -17.6% against the previous year. Over the period under review, the export price showed a sharp reduction. The pace of growth was the most pronounced in 2016 when the average export price increased by 102%. As a result, the export price reached the peak level of $307 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to -19.7% per year.

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

The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $2.1 per unit in 2022, waning by -88.9% against the previous year. Over the period under review, the import price recorded a deep setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 673% against the previous year. As a result, import price reached the peak level of $100 per unit. From 2017 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +3.1% per year.

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

In 2022, approx. 14K units of clock movements; complete and assembled, other than battery, accumulator or mains powereds were exported from Portugal; rising by 53% compared with the previous year's figure. In general, total exports indicated a significant increase from 2021 to 2022: its volume increased at an average annual rate of +53.5% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds skyrocketed to $20K in 2022. The total export value increased at an average annual rate of +26.5% from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Portugal (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Switzerland15.919.623.3%
OthersN/A0.60%
Total15.920.227.0%

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

  1. Switzerland (14.0K units)

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

Imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds into Portugal skyrocketed to 462 units in 2022, jumping by 1,611% on the previous year. Overall, imports continue to indicate a significant increase. As a result, imports attained 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 skyrocketed to $989 in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 431% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Portugal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A98.084.0879199.5%
Germany67.0N/AN/AN/A0%
Netherlands107N/AN/AN/A0%
OthersN/AN/A436110-74.8%
Total17498.052098978.5%

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

  1. Spain (457.0 units)

Source: IndexBox Market Intelligence Platform

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