Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Portugal - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Portugal (CIF) - 2023
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Portugal (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Portugal
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Portugal
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Portugal (CIF) - 2023
In November 2023, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $4.6 per unit, waning by -20.7% against the previous month. Overall, the import price, however, showed a notable expansion. The most prominent rate of growth was recorded in August 2023 an increase of 107% month-to-month. As a result, import price attained the peak level of $9.4 per unit. From September 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($7.1 per unit), while the price for China ($2.0 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Portugal (FOB) - 2022
The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $12 per unit in 2022, reducing by -22.4% against the previous year. Overall, the export price, however, recorded a mild expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 44%. The export price peaked at $16 per unit in 2021, and then fell rapidly in the following year.
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 Italy ($45 per unit), while the average price for exports to Mozambique ($3.2 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 Qatar (+46.3%), 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 Portugal
In 2022, imports of clocks; wall clocks, battery, accumulator or mains powereds into Portugal totaled 286K units, growing by 11% on the year before. Overall, imports, however, showed a pronounced contraction. Imports peaked at 311K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds dropped slightly to $1.3M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, imports attained the peak of $1.4M, and then reduced slightly in the following year.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 226 | 337 | 367 | 382 | 19.1% |
| Spain | 260 | 217 | 245 | 281 | 2.6% |
| China | 318 | 229 | 287 | 239 | -9.1% |
| Germany | 262 | 217 | 262 | 183 | -11.3% |
| Netherlands | 61.4 | 115 | 109 | 181 | 43.4% |
| Others | 96.5 | 58.8 | 80.2 | 54.5 | -17.3% |
| Total | 1,224 | 1,174 | 1,351 | 1,321 | 2.6% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Portugal in 2022:
- China (70.0K units)
- Netherlands (59.9K units)
- Spain (59.1K units)
- Germany (49.5K units)
- France (43.1K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Portugal
In 2022, after two years of decline, there was significant growth in overseas shipments of clocks; wall clocks, battery, accumulator or mains powereds, when their volume increased by 37% to 5.5K units. Over the period under review, exports, however, continue to indicate a sharp shrinkage. The exports peaked at 21K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds rose remarkably to $67K in 2022. Overall, exports, however, showed a sharp reduction. The exports peaked at $238K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 6.1 | 51.5 | 32.1 | 27.9 | 66.0% |
| Morocco | 2.0 | 64.0 | 1.6 | 20.8 | 118.3% |
| Spain | 42.0 | 16.6 | 11.4 | 5.4 | -49.5% |
| Italy | 3.3 | N/A | 0.4 | 4.0 | 6.6% |
| India | 22.5 | N/A | 2.6 | 2.5 | -51.9% |
| Cabo Verde | 2.4 | 1.1 | 3.6 | 1.8 | -9.1% |
| France | 0.4 | 0.8 | 0.2 | 1.4 | 51.8% |
| Mozambique | 60.1 | 2.4 | 1.6 | 0.1 | -88.2% |
| United Arab Emirates | 14.9 | N/A | N/A | N/A | 0% |
| Qatar | 73.5 | N/A | N/A | N/A | 0% |
| Others | 10.8 | 5.7 | 9.6 | 3.0 | -34.8% |
| Total | 238 | 142 | 63.1 | 66.9 | -34.5% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Portugal in 2022:
- Morocco (2795.0 units)
- Angola (1288.0 units)
- Spain (604.0 units)
- Cabo Verde (207.0 units)
- India (189.0 units)
- France (110.0 units)
- Italy (88.0 units)
- Mozambique (39.0 units)
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