Price for Clock Movements; Complete and Assembled in Sri Lanka - 2021
Contents:
- Price for Clock Movements; Complete and Assembled in Sri Lanka (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Sri Lanka (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Sri Lanka
- Exports of Clock Movements; Complete and Assembled in Sri Lanka
Price for Clock Movements; Complete and Assembled in Sri Lanka (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $3.8 per unit in 2022, remaining stable against the previous year. Over the period under review, the import price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 59%. The import price peaked at $9.7 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Pakistan amounted to +201.4% per year.
Price for Clock Movements; Complete and Assembled in Sri Lanka (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembleds amounted to $3.5 per unit, declining by -72.1% against the previous year. Overall, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 53%. Over the period under review, the average export prices hit record highs at $28 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Bulgaria.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +35.8% per year.
Imports of Clock Movements; Complete and Assembled in Sri Lanka
In 2022, approx. 5K units of clock movements; complete and assembleds were imported into Sri Lanka; which is down by -40.8% on 2021. Over the period under review, imports saw a precipitous curtailment. The smallest decline of -15.7% was in 2020. Over the period under review, imports hit record highs at 13K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, clock movements; complete and assembled imports dropped markedly to $19K in 2022. In general, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of 33%. Over the period under review, imports hit record highs at $32K in 2021, and then fell significantly in the following year.
| Import of Clock Movements; Complete and Assembled in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.3 | 20.3 | 26.4 | 18.3 | 0.0% |
| Germany | 1.0 | 4.9 | 2.5 | 0.5 | -20.6% |
| Hong Kong SAR | 0.2 | 0.6 | 0.7 | N/A | 87.1% |
| Thailand | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 1.3 | 1.8 | 2.0 | N/A | 24.0% |
| Total | 20.8 | 27.8 | 31.7 | 18.8 | -3.3% |
Top Suppliers of Clock Movements; Complete and Assembled to Sri Lanka in 2022:
- Germany (undefinedK units)
- Hong Kong SAR (undefinedK units)
- China (4.9K units)
Exports of Clock Movements; Complete and Assembled in Sri Lanka
In 2022, clock movements; complete and assembled exports from Sri Lanka reduced markedly to 220 units, with a decrease of -54.7% against the previous year. In general, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 350% against the previous year. As a result, the exports attained the peak of 486 units, and then fell sharply in the following year.
In value terms, clock movements; complete and assembled exports dropped markedly to $773 in 2022. Overall, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 192% against the previous year. As a result, the exports reached the peak of $6.1K, and then shrank significantly in the following year.
| Export of Clock Movements; Complete and Assembled in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | N/A | N/A | N/A | 0.7 | 0% |
| United Kingdom | 0.9 | 0.4 | 1.0 | N/A | 5.4% |
| South Africa | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Italy | 2.4 | 1.0 | 3.0 | N/A | 11.8% |
| United States | 1.3 | 0.5 | 1.6 | N/A | 10.9% |
| Others | 0.3 | 0.1 | 0.4 | 0.1 | -30.7% |
| Total | 5.1 | 2.1 | 6.1 | 0.8 | -46.1% |
Top Export Markets for Clock Movements; Complete and Assembled from Sri Lanka in 2022:
- Bulgaria (214.0 units)
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