Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in South Africa - 2024
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in South Africa (CIF) - 2022
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in South Africa (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in South Africa
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in South Africa
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in South Africa (CIF) - 2022
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $3.8 per unit in 2022, with an increase of 3.6% against the previous year. Over the period under review, the import price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2018 an increase of 59%. The import price peaked at $5.1 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.4% per year.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in South Africa (FOB) - 2022
In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $5.1 per unit, growing by 16% against the previous year. Overall, the export price, however, showed a slight reduction. Over the period under review, the average export prices attained the maximum at $6.1 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($6.2 per unit), while the average price for exports to Kenya ($3.3 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 Lesotho (+7.3%), 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 South Africa
In 2022, supplies from abroad of clocks; wall clocks, battery, accumulator or mains powereds decreased by -9.6% to 190K units, falling for the second year in a row after two years of growth. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.0% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 68% against the previous year. As a result, imports attained the peak of 264K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds dropped to $727K in 2022. In general, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 1.6% against the previous year. Over the period under review, imports of attained the peak figure at $799K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 717 | 689 | 737 | 690 | -1.3% |
| Others | 82.3 | 74.7 | 39.8 | 36.7 | -23.6% |
| Total | 799 | 764 | 776 | 727 | -3.1% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to South Africa in 2022:
- China (189.0K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in South Africa
In 2022, approx. 15K units of clocks; wall clocks, battery, accumulator or mains powereds were exported from South Africa; reducing by -46.5% on the previous year's figure. Overall, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 27%. The exports peaked at 29K 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 declined significantly to $78K in 2022. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 27%. As a result, the exports reached the peak of $125K, and then dropped notably in the following year.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 31.3 | 31.6 | 37.8 | 37.3 | 6.0% |
| Botswana | 18.0 | 16.8 | 16.6 | 13.7 | -8.7% |
| Swaziland | 9.3 | 10.2 | 11.1 | 10.0 | 2.4% |
| Zambia | 9.3 | 7.5 | 13.0 | 4.5 | -21.5% |
| Lesotho | 4.2 | 5.7 | 6.5 | 3.6 | -5.0% |
| Kenya | 8.7 | 6.1 | 9.1 | 2.1 | -37.7% |
| Malawi | 4.7 | 3.2 | 5.5 | 1.9 | -26.1% |
| Ghana | 5.9 | 5.7 | 6.9 | 1.2 | -41.2% |
| Uganda | 3.2 | 3.2 | 3.8 | 1.1 | -29.9% |
| Mozambique | 2.4 | 2.1 | 3.3 | 0.9 | -27.9% |
| Nigeria | 4.2 | 3.0 | 4.1 | 0.4 | -54.3% |
| United Arab Emirates | 10.4 | N/A | N/A | N/A | 0% |
| Others | 4.5 | 3.5 | 7.3 | 1.2 | -35.6% |
| Total | 116 | 98.6 | 125 | 77.9 | -12.4% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from South Africa in 2022:
- Namibia (6.0K units)
- Swaziland (2.6K units)
- Botswana (2.5K units)
- Zambia (1.0K units)
- Kenya (0.6K units)
- Lesotho (0.6K units)
- Malawi (0.5K units)
- Ghana (0.3K units)
- Uganda (0.3K units)
- Mozambique (0.3K units)
- Nigeria (0.1K units)
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