Price for Clock Movements; Complete and Assembled in Spain - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Spain (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Spain (FOB) - 2023
- Imports of Clock Movements; Complete and Assembled in Spain
- Exports of Clock Movements; Complete and Assembled in Spain
Price for Clock Movements; Complete and Assembled in Spain (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $3.1 per unit in 2022, falling by -67.6% against the previous year. Over the period under review, the import price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 139%. Over the period under review, average import prices attained the maximum at $9.6 per unit in 2021, and then contracted significantly 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 Italy ($14 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 China (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled in Spain (FOB) - 2023
In June 2023, the average export price for clock movements; complete and assembleds amounted to $3.1 per unit, picking up by 6.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 35% month-to-month. The export price peaked at $3.2 per unit in August 2022; however, from September 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($4.7 per unit), while the average price for exports to Poland ($2.3 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled in Spain
Clock movements; complete and assembled imports into Spain stood at 279K units in 2022, picking up by 15% against the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Imports peaked at 284K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, clock movements; complete and assembled imports shrank notably to $867K in 2022. Overall, imports, however, showed a dramatic downturn. The growth pace was the most rapid in 2021 when imports increased by 150% against the previous year. As a result, imports attained the peak of $2.3M, and then contracted dramatically in the following year.
| Import of Clock Movements; Complete and Assembled in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.4 | 363 | 2,070 | 401 | 320.3% |
| Germany | 45.4 | 53.5 | 75.0 | 229 | 71.5% |
| China | 134 | 135 | 55.7 | 99.0 | -9.6% |
| Romania | N/A | 0.4 | N/A | 14.7 | 506.2% |
| Portugal | 1,542 | 270 | 26.9 | 6.5 | -83.8% |
| Others | 98.5 | 110 | 103 | 118 | 6.2% |
| Total | 1,825 | 932 | 2,331 | 867 | -22.0% |
Top Suppliers of Clock Movements; Complete and Assembled to Spain in 2022:
- Germany (115.8K units)
- Romania (76.7K units)
- China (52.6K units)
- Italy (27.9K units)
- Portugal (1.3K units)
Exports of Clock Movements; Complete and Assembled in Spain
For the fourth year in a row, Spain recorded growth in shipments abroad of clock movements; complete and assembleds, which increased by 1,616% to 106K units in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, clock movements; complete and assembled exports skyrocketed to $3.5M in 2022. Overall, exports saw 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 in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.6 | 19.5 | 49.5 | 997 | 1084.4% |
| Poland | 1.2 | 0.4 | 0.4 | 917 | 814.2% |
| Germany | 0.6 | 22.8 | 2.6 | 711 | 958.2% |
| France | 58.5 | 18.4 | 14.9 | 693 | 128.0% |
| Czech Republic | N/A | N/A | N/A | 87.3 | 0% |
| Portugal | 21.4 | 41.7 | 24.4 | 0.6 | -69.6% |
| Morocco | 78.4 | N/A | N/A | N/A | 0% |
| Others | 36.1 | 149 | 124 | 74.8 | 27.5% |
| Total | 197 | 252 | 216 | 3,480 | 160.4% |
Top Export Markets for Clock Movements; Complete and Assembled from Spain in 2022:
- Portugal (undefinedK units)
- Italy (32.4K units)
- France (29.1K units)
- Poland (26.7K units)
- Germany (13.5K units)
- Czech Republic (2.8K units)
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