Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Lithuania - 2023
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Lithuania (CIF) - 2022
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Lithuania (FOB) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Lithuania
- Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Lithuania
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Lithuania (CIF) - 2022
In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $4 per unit, which is down by -22.8% against the previous year. Overall, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 84% against the previous year. As a result, import price reached the peak level of $9.8 per unit. From 2020 to 2022, the average 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 Latvia ($18 per unit), while the price for China ($3.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.4%), 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 Lithuania (FOB) - 2022
In 2022, the average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $5.5 per unit, declining by -37.4% against the previous year. In general, the export price showed a drastic downturn. The growth pace was the most rapid in 2013 an increase of 102%. As a result, the export price reached the peak level of $40 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($37 per unit), while the average price for exports to Latvia ($3.9 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 Russia (+0.0%), 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 Lithuania
In 2022, the amount of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds imported into Lithuania soared to 37K units, with an increase of 849% on the year before. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds surged to $145K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 0.2 | 4.1 | 130 | 268.4% |
| Poland | 3.1 | 4.8 | 4.8 | 9.4 | 44.7% |
| Latvia | 41.2 | 4.2 | 0.1 | 0.2 | -83.1% |
| Czech Republic | 2.3 | 2.0 | 4.9 | N/A | 46.0% |
| Others | 13.1 | 11.8 | 5.9 | 5.8 | -23.8% |
| Total | 62.3 | 23.0 | 19.8 | 145 | 32.5% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Lithuania in 2022:
- China (34.9K units)
- Poland (1.1K units)
Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Lithuania
In 2022, approx. 484 units of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were exported from Lithuania; dropping by -40.1% compared with 2021 figures. In general, exports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 29%. The exports peaked at 1.6K 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 reduced dramatically to $2.7K in 2022. Over the period under review, exports recorded a dramatic slump. The pace of growth was the most pronounced in 2021 when exports increased by 8.8%. Over the period under review, the exports of hit record highs at $21K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 16.4 | 3.2 | 3.0 | 1.5 | -54.9% |
| Switzerland | N/A | N/A | N/A | 0.4 | 0% |
| United States | N/A | N/A | N/A | 0.3 | 0% |
| Estonia | 0.3 | 0.4 | 0.8 | 0.3 | 0.0% |
| Russia | 2.2 | 2.8 | N/A | N/A | 27.3% |
| United Kingdom | N/A | N/A | 1.4 | N/A | 0% |
| Others | 1.8 | 0.2 | 1.9 | 0.2 | -51.9% |
| Total | 20.8 | 6.6 | 7.2 | 2.7 | -49.4% |
Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Lithuania in 2022:
- Latvia (390.0 units)
- Estonia (55.0 units)
- United States (24.0 units)
- Switzerland (10.0 units)
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