Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Belgium - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Belgium (CIF) - 2023
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Belgium (FOB) - 2023
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Belgium
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Belgium
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Belgium (CIF) - 2023
In November 2023, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $6.9 per unit, dropping by -3.7% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 31% m-o-m. As a result, import price reached the peak level of $8.8 per unit. From June 2023 to November 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for Germany amounted to +4.2% per month.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Belgium (FOB) - 2023
The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $7.3 per unit in November 2023, falling by -31.7% against the previous month. Overall, the export price saw a slight downturn. The pace of growth was the most pronounced in February 2023 when the average export price increased by 55% m-o-m. Over the period under review, the average export prices attained the peak figure at $10.6 per unit in October 2023, and then declined notably in the following month.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was the UK ($53.0 per unit), while the average price for exports to Australia ($7.2 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Belgium
In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds imported into Belgium soared to 1.7M units, with an increase of 44% against the previous year. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 58% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds declined sharply to $8M in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 53%. As a result, imports reached the peak of $9.6M, and then declined significantly in the following year.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.5 | 3.9 | 6.0 | 4.7 | 46.3% |
| Netherlands | 1.3 | 0.9 | 1.5 | 1.4 | 2.5% |
| Germany | 0.7 | 0.5 | 0.6 | 0.8 | 4.6% |
| France | 0.3 | 0.4 | 0.8 | 0.7 | 32.6% |
| Others | 0.3 | 0.5 | 0.6 | 0.4 | 10.1% |
| Total | 4.1 | 6.2 | 9.6 | 8.0 | 25.0% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Belgium in 2022:
- China (949.2K units)
- Netherlands (453.8K units)
- Germany (152.1K units)
- France (74.1K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Belgium
In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds exported from Belgium stood at 603K units, stabilizing at the previous year. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 330%. As a result, the exports reached the peak of 633K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds contracted dramatically to $5.1M in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 235%. Over the period under review, the exports of reached the maximum at $6.3M in 2021, and then contracted sharply in the following year.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 453 | 2,504 | 4,406 | 2,854 | 84.7% |
| Germany | 61.9 | 216 | 380 | 821 | 136.7% |
| Netherlands | 366 | 787 | 716 | 576 | 16.3% |
| United Kingdom | 30.3 | 102 | 5.1 | 252 | 102.6% |
| Italy | 125 | 117 | 185 | 152 | 6.7% |
| Spain | 89.3 | 83.1 | 89.5 | 67.9 | -8.7% |
| Others | 227 | 725 | 547 | 422 | 23.0% |
| Total | 1,352 | 4,535 | 6,328 | 5,146 | 56.1% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Belgium in 2022:
- France (328.4K units)
- Germany (105.4K units)
- Netherlands (91.9K units)
- United Kingdom (29.2K units)
- Italy (17.3K units)
- Spain (3.4K units)
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