Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Romania - 2023

Contents:

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

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

In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $5.5 per unit, waning by -38.8% against the previous year. Overall, the import price, however, posted a measured increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 77%. As a result, import price attained the peak level of $10 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($25 per unit), while the price for Hungary ($3 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 (+16.2%), 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 Romania (FOB) - 2022

The average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $4.8 per unit in 2022, declining by -61.6% against the previous year. In general, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 2,047%. As a result, the export price attained the peak level of $119 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($16 per unit), while the average price for exports to Greece ($0.1 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 Moldova (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds into Romania skyrocketed to 40K units in 2022, picking up by 270% against the previous year. Over the period under review, imports saw a significant expansion. 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 soared to $221K in 2022. In general, imports showed a significant expansion. 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 Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China39.214045.713651.4%
Hungary9.46.78.541.263.7%
Taiwan (Chinese)N/AN/AN/A13.70%
Germany3.41.84.913.458.0%
Poland11.72.60.12.9-37.2%
Spain7.60.62.11.7-39.3%
Others46.627.636.412.1-36.2%
Total11817997.722123.3%

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

  1. China (21.3K units)
  2. Hungary (13.9K units)
  3. Germany (1.6K units)
  4. Poland (1.0K units)
  5. Taiwan (Chinese) (0.7K units)
  6. Spain (0.3K units)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds, when their volume decreased by -13.6% to 172 units. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 204% against the previous year. Over the period under review, the exports of attained the peak figure at 199 units in 2021, and then contracted in the following year.

In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds reduced dramatically to $834 in 2022. Overall, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 94% against the previous year. The exports peaked at $2.8K 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 Romania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova76.0407759692108.8%
BulgariaN/A59.033511036.5%
CroatiaN/AN/A32616.0-95.1%
SloveniaN/AN/A3459.0-97.4%
GreeceN/AN/A1004.0-96.0%
United Kingdom2,094174N/AN/A-91.7%
FranceN/A551452N/A-18.0%
Others6551021933.0-83.4%
Total2,8251,2932,510834-33.4%

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

  1. Moldova (103.0 units)
  2. Greece (51.0 units)
  3. Bulgaria (13.0 units)
  4. Slovenia (1.0 units)
  5. Croatia (1.0 units)

Source: IndexBox Market Intelligence Platform

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