Price for Clock Movements; Complete and Assembled in the United States - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in the United States (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in the United States (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in the United States
- Exports of Clock Movements; Complete and Assembled in the United States
Price for Clock Movements; Complete and Assembled in the United States (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembleds amounted to $8.5 per unit, increasing by 2.9% against the previous year. Overall, the import price posted strong growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 50% against the previous year. As a result, import price reached the peak level of $11 per unit. From 2021 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 ($137 per unit), while the price for China ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled in the United States (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembleds amounted to $6.8 per unit, shrinking by -4.9% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 113%. The export price peaked at $18 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($29 per unit), while the average price for exports to Canada ($2.9 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 (+16.0%), while the prices for the other major destinations experienced a decline.
Imports of Clock Movements; Complete and Assembled in the United States
Clock movements; complete and assembled imports into the United States soared to 929K units in 2022, jumping by 22% on the year before. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, clock movements; complete and assembled imports soared to $7.9M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Clock Movements; Complete and Assembled in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.6 | 3.2 | 3.3 | 4.3 | 6.1% |
| China | 1.5 | 0.8 | 1.1 | 1.6 | 2.2% |
| Hong Kong SAR | 0.1 | N/A | 0.2 | 0.3 | 44.2% |
| Thailand | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Others | 1.4 | 1.3 | 1.3 | 1.6 | 4.6% |
| Total | 6.9 | 5.4 | 6.2 | 7.9 | 4.6% |
Top Suppliers of Clock Movements; Complete and Assembled to the United States in 2022:
- China (737.7K units)
- Hong Kong SAR (107.5K units)
- Thailand (40.2K units)
- Germany (31.0K units)
Exports of Clock Movements; Complete and Assembled in the United States
For the fourth consecutive year, the United States recorded growth in shipments abroad of clock movements; complete and assembleds, which increased by 40% to 186K units in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, clock movements; complete and assembled exports skyrocketed to $1.3M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -14.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 89%. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Clock Movements; Complete and Assembled in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 435 | 277 | 400 | 422 | -1.0% |
| Germany | 17.1 | 119 | 80.1 | 157 | 109.4% |
| United Kingdom | 27.5 | 19.3 | 31.7 | 46.2 | 18.9% |
| Spain | N/A | 767 | N/A | 3.3 | -93.4% |
| Mexico | 21.2 | 3.6 | 17.1 | 3.0 | -47.9% |
| Others | 276 | 284 | 413 | 623 | 31.2% |
| Total | 777 | 1,470 | 942 | 1,255 | 17.3% |
Top Export Markets for Clock Movements; Complete and Assembled from the United States in 2022:
- Canada (147.4K units)
- United Kingdom (14.6K units)
- Germany (5.4K units)
- Mexico (0.9K units)
- Spain (0.2K units)
403
This report provides an in-depth analysis of the assembled clock movements market in the USA.
134
This report provides an in-depth analysis of the market for spices except pepper or ginger in the U.S..
122
This report provides an in-depth analysis of the market for epoxides, epoxyalcohols, -phenols, epoxyethers, with a 3- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) in the U.S..
440
Global Assembled Clock Movements Market Report 2018. This report provides an in-depth analysis of the global assembled clock movements market.
68
This report provides an in-depth analysis of the global market for spices except pepper or ginger.
73
This report provides an in-depth analysis of the global market for epoxides, epoxyalcohols, -phenols, epoxyethers, with a 3- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide).
403
This report provides an in-depth analysis of the assembled clock movements market in the USA.
440
Global Assembled Clock Movements Market Report 2018. This report provides an in-depth analysis of the global assembled clock movements market.
Nothing found. Please try again.
