Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Italy - 2023
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Italy (CIF) - 2022
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Italy (FOB) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Italy
- Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Italy
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Italy (CIF) - 2022
The average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $8 per unit in 2022, declining by -35.2% against the previous year. In general, the import price, however, saw a remarkable increase. The growth pace was the most rapid in 2017 an increase of 217%. Over the period under review, average import prices reached the maximum at $26 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 Belgium ($25 per unit), while the price for China ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Italy (FOB) - 2022
The average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $28 per unit in 2022, reducing by -32.4% against the previous year. Overall, the export price, however, showed measured growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices attained the peak figure at $50 per unit in 2020; however, from 2021 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 Switzerland ($53 per unit), while the average price for exports to the United Arab Emirates ($6.1 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 Spain (+2.1%), while the prices for the other major destinations experienced a decline.
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Italy
In 2022, approx. 195K units of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were imported into Italy; which is down by -13.7% compared with 2021. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 64%. Imports peaked at 355K 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 dropped sharply to $1.6M in 2022. Over the period under review, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Over the period under review, imports of attained the maximum at $4.5M 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 Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 105 | 314 | 841 | 492 | 67.3% |
| Germany | 1,574 | 308 | 582 | 346 | -39.6% |
| France | 387 | 29.1 | 65.2 | 194 | -20.6% |
| China | 248 | 97.0 | 211 | 177 | -10.6% |
| Spain | 498 | 70.0 | 113 | 132 | -35.8% |
| Poland | 186 | 33.6 | 41.0 | 64.1 | -29.9% |
| Hungary | N/A | N/A | N/A | 9.8 | 0% |
| Czech Republic | 421 | 0.5 | 0.5 | 4.1 | -78.6% |
| United Kingdom | 818 | 356 | 2.9 | N/A | -94.0% |
| Others | 290 | 853 | 941 | 144 | -20.8% |
| Total | 4,527 | 2,062 | 2,798 | 1,564 | -29.8% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Italy in 2022:
- China (115.2K units)
- Germany (29.8K units)
- Belgium (20.0K units)
- France (8.0K units)
- Spain (6.6K units)
- Hungary (5.9K units)
- Poland (3.3K units)
- Czech Republic (0.4K units)
Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Italy
In 2022, overseas shipments of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were finally on the rise to reach 17K units after two years of decline. Over the period under review, exports, however, showed a precipitous contraction. The exports peaked at 38K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds skyrocketed to $464K in 2022. Overall, exports, however, saw a dramatic setback. Over the period under review, the exports of reached the maximum at $1.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 278 | 127 | 135 | 230 | -6.1% |
| South Korea | N/A | 7.3 | 35.6 | 83.1 | 237.4% |
| Switzerland | 11.4 | 3.2 | 20.2 | 44.6 | 57.6% |
| Germany | 363 | 107 | 55.5 | 37.5 | -53.1% |
| Czech Republic | 89.8 | 40.5 | 23.6 | 16.9 | -42.7% |
| Japan | N/A | 1.7 | 7.7 | 15.1 | 198.0% |
| Poland | 32.8 | 7.2 | 4.1 | 5.4 | -45.2% |
| Spain | 203 | 12.0 | 6.8 | 4.4 | -72.1% |
| United Kingdom | 400 | 221 | N/A | 1.5 | -84.5% |
| Others | 173 | 64.1 | 32.6 | 24.7 | -47.7% |
| Total | 1,551 | 590 | 322 | 464 | -33.1% |
Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Italy in 2022:
- France (10.1K units)
- Germany (1.9K units)
- South Korea (1.7K units)
- Switzerland (0.8K units)
- Poland (0.5K units)
- Japan (0.4K units)
- Czech Republic (0.2K units)
- Spain (0.1K units)
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