Price for Clock Movements; Complete and Assembled in Uruguay - 2022

Contents:

  1. Price for Clock Movements; Complete and Assembled in Uruguay (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled in Uruguay (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled in Uruguay
  4. Exports of Clock Movements; Complete and Assembled in Uruguay

Price for Clock Movements; Complete and Assembled in Uruguay (CIF) - 2022

The average import price for clock movements; complete and assembleds stood at $2.6 per unit in 2022, shrinking by -68.3% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 109% against the previous year. As a result, import price reached the peak level of $8.3 per unit, and then declined remarkably 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 India ($8 per unit), while the price for China amounted to $2.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+111.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clock Movements; Complete and Assembled in Uruguay (FOB) - 2022

In 2022, the average export price for clock movements; complete and assembleds amounted to $192 per unit, approximately mirroring the previous year. Overall, the export price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2014 an increase of 230% against the previous year. Over the period under review, the average export prices attained the peak figure at $312 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.0% per year.

Imports of Clock Movements; Complete and Assembled in Uruguay

In 2022, approx. 793 units of clock movements; complete and assembleds were imported into Uruguay; picking up by 801% compared with the previous year. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, clock movements; complete and assembled imports soared to $2.1K in 2022. Over the period under review, imports recorded 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 in Uruguay (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.03031421,724499.5%
India3.012.030.0128249.4%
United Kingdom198489456N/A51.8%
Others2242181022361.8%
Total4331,0227302,08868.9%

Top Suppliers of Clock Movements; Complete and Assembled to Uruguay in 2022:

  1. China (767.0 units)
  2. India (16.0 units)

Exports of Clock Movements; Complete and Assembled in Uruguay

Clock movements; complete and assembled exports from Uruguay reduced sharply to 34 units in 2022, with a decrease of -46.9% against the previous year's figure. Over the period under review, exports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,500% against the previous year. As a result, the exports reached the peak of 64 units, and then declined rapidly in the following year.

In value terms, clock movements; complete and assembled exports fell sharply to $6.5K in 2022. Overall, exports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,895% against the previous year. As a result, the exports reached the peak of $12K, and then fell remarkably in the following year.

Export of Clock Movements; Complete and Assembled in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.50.612.46.55.7%
OthersN/AN/AN/AN/A0%
Total5.50.612.46.55.7%

Top Export Markets for Clock Movements; Complete and Assembled from Uruguay in 2022:

  1. United States (34.0 units)

Source: IndexBox Market Intelligence Platform

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