Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Belarus - 2022

Contents:

  1. Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Belarus (FOB) - 2022
  2. Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Belarus (CIF) - 2022
  3. Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Belarus
  4. Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Belarus

Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Belarus (FOB) - 2022

In 2022, the average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $2.2 per unit, flattening at the previous year. Over the period under review, the export price recorded a deep contraction. The growth pace was the most rapid in 2015 when the average export price increased by 832% against the previous year. As a result, the export price reached the peak level of $43 per unit. From 2016 to 2022, the average export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to -9.2% per year.

Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Belarus (CIF) - 2022

In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $1.1 per unit, dropping by -40.9% against the previous year. In general, the import price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the average import price increased by 88% against the previous year. As a result, import price attained the peak level of $6.4 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

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 China ($1.8 per unit), while the price for Russia amounted to $0.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-6.8%).

Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Belarus

In 2022, shipments abroad of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds decreased by 0% to 316 units, falling for the second consecutive year after two years of growth. Overall, exports posted a prominent expansion. The growth pace was the most rapid in 2020 when exports increased by 15%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $700 in 2022. In general, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 20%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Belarus (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia500600N/A70011.9%
OthersN/AN/AN/AN/A0%
Total500600N/A70011.9%

Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Belarus in 2022:

  1. Russia (316.0 units)

Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Belarus

In 2022, overseas purchases of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were finally on the rise to reach 1.1K units after two years of decline. In general, imports, however, faced a sharp decline. Imports peaked at 3K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds shrank remarkably to $1.2K in 2022. Over the period under review, imports, however, recorded a precipitous decline. Imports peaked at $11K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8.84.40.80.9-53.2%
China1.51.40.90.3-41.5%
United States0.51.0N/AN/A100.0%
OthersN/AN/AN/AN/A0%
Total10.86.81.71.2-51.9%

Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Belarus in 2022:

  1. Russia (926.0 units)
  2. China (190.0 units)

Source: IndexBox Market Intelligence Platform

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