Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Azerbaijan - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Azerbaijan (CIF) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Azerbaijan
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Azerbaijan (CIF) - 2022
In 2022, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $4 per unit, picking up by 5.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 46%. The import price peaked at $4.4 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iran ($5.6 per unit), while the price for China ($3.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Azerbaijan
In 2022, imports of clocks; wall clocks, battery, accumulator or mains powereds into Azerbaijan declined notably to 51K units, with a decrease of -31.7% compared with 2021 figures. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 91% against the previous year. As a result, imports reached the peak of 75K units, and then shrank sharply in the following year.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds fell sharply to $203K in 2022. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 123% against the previous year. As a result, imports attained the peak of $281K, and then shrank significantly in the following year.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 219 | 73.9 | 202 | 146 | -12.6% |
| Iran | 2.1 | 0.9 | 3.8 | 23.8 | 124.6% |
| Turkey | 15.9 | 7.7 | 33.1 | 20.1 | 8.1% |
| Others | 41.2 | 43.6 | 42.3 | 13.2 | -31.6% |
| Total | 278 | 126 | 281 | 203 | -9.9% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Azerbaijan in 2022:
- China (42.3K units)
- Iran (4.3K units)
- Turkey (3.9K units)
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