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

Contents:

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

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

The average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $59 per unit in 2022, picking up by 27% against the previous year. In general, the export price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by 88%. The export price peaked at $313 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($318 per unit), while the average price for exports to Austria ($8 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 Germany (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $2.5 per unit in 2022, which is down by -68.7% against the previous year. Overall, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 232%. As a result, import price reached the peak level of $15 per unit. From 2019 to 2022, the average 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 ($61 per unit), while the price for Romania ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.4%), while the prices for the other major suppliers experienced a decline.

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

For the fourth consecutive year, Spain recorded growth in shipments abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds, which increased by 904% to 24K units in 2022. Over the period under review, exports recorded a significant increase. 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 surged to $1.4M in 2022. In general, exports posted a significant expansion. 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 Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A11.9N/A421494.8%
PolandN/AN/AN/A3470%
GermanyN/A11.80.3287393.2%
France35.74.90.728499.6%
Czech RepublicN/AN/AN/A34.70%
Hong Kong SARN/A30.06.30.9-82.7%
NigeriaN/AN/A8.2N/A0%
Morocco78.4N/AN/AN/A0%
Others3.832.196.650.3136.6%
Total11890.61121,424129.4%

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

  1. Poland (10.5K units)
  2. Germany (5.5K units)
  3. Italy (4.4K units)
  4. France (1.6K units)
  5. Czech Republic (1.2K units)

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

In 2022, approx. 96K units of clock movements; complete and assembled, other than battery, accumulator or mains powereds were imported into Spain; rising by 738% on the previous year. Overall, imports enjoyed a significant increase. As a result, imports reached 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 surged to $244K in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.66.127.494.7174.1%
Italy5.02.65.661.3130.6%
Netherlands22.716.920.238.519.3%
China11.912.45.717.012.6%
RomaniaN/AN/AN/A13.80%
Others14.958.634.118.67.7%
Total59.196.792.924460.4%

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

  1. Romania (77.0K units)
  2. Netherlands (9.4K units)
  3. China (6.0K units)
  4. Germany (1.6K units)
  5. Italy (1.5K units)

Source: IndexBox Market Intelligence Platform

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