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

Contents:

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

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

The average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $44 per unit in 2022, rising by 16% against the previous year. Over the period under review, the import price showed a significant expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 322%. The import price peaked at $50 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($46 per unit), while the price for Switzerland ($21 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.8%), 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 Japan (FOB) - 2022

In 2022, the average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $79 per unit, leveling off at the previous year. Overall, the export price, however, continues to indicate a moderate expansion. The pace of growth was the most pronounced in 2018 an increase of 64% against the previous year. The export price peaked at $80 per unit in 2021, and then fell slightly in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($79 per unit) and Vietnam ($79 per unit), while the average price for exports to China ($53 per unit) and the United States ($74 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 36K units of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were imported into Japan; waning by -26.5% against the previous year. In general, imports recorded a significant curtailment. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year. Over the period under review, imports of reached the maximum at 91K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds contracted to $1.6M in 2022. Overall, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, imports of attained the peak figure at $2.6M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. China (31.7K units)
2. Switzerland (2.2K units)
3. Taiwan (Chinese) (0.8K units)

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

In 2022, approx. 1.2K units of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were exported from Japan; with a decrease of -33.9% on the previous year's figure. Overall, exports faced a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. The exports peaked at 2.2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds reduced notably to $94K in 2022. In general, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 58% against the previous year. The exports peaked at $151K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Taiwan (Chinese) (209.0 units)
2. Singapore (186.0 units)
3. Netherlands (117.0 units)
4. France (109.0 units)
5. Switzerland (109.0 units)
6. Indonesia (108.0 units)
7. United States (104.0 units)
8. China (99.0 units)
9. Vietnam (97.0 units)
10. Hong Kong SAR (35.0 units)

Source: IndexBox Market Intelligence Platform