Price for Clock Movements; Complete and Assembled in Colombia - 2022
Contents:
- Price for Clock Movements; Complete and Assembled in Colombia (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Colombia (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Colombia
- Exports of Clock Movements; Complete and Assembled in Colombia
Price for Clock Movements; Complete and Assembled in Colombia (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $425 per unit in 2022, surging by 5% against the previous year. In general, the import price showed significant growth. The most prominent rate of growth was recorded in 2021 an increase of 104%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($1,348 per unit), while the price for Brazil ($5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled in Colombia (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembleds amounted to $6.7 per unit, with an increase of 55% against the previous year. Overall, the export price, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2013 an increase of 95% against the previous year. The export price peaked at $32 per unit in 2014; however, from 2015 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 Mexico ($8 per unit), while the average price for exports to Switzerland ($3 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 Switzerland (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Clock Movements; Complete and Assembled in Colombia
Clock movements; complete and assembled imports into Colombia shrank significantly to 61 units in 2022, declining by -41.9% compared with 2021 figures. Overall, imports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 when imports increased by 123%. Imports peaked at 144 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, clock movements; complete and assembled imports contracted rapidly to $26K in 2022. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 355%. As a result, imports attained the peak of $43K, and then declined significantly in the following year.
| Import of Clock Movements; Complete and Assembled in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.7 | 3.1 | 22.5 | 17.8 | -11.5% |
| Japan | 4.2 | 2.4 | 6.1 | 3.3 | -7.7% |
| Hong Kong SAR | 3.8 | 1.9 | 4.0 | 1.8 | -22.0% |
| Switzerland | 0.1 | 0.7 | 3.0 | 1.3 | 135.1% |
| India | 0.8 | 0.4 | 1.0 | 0.5 | -14.5% |
| Panama | 0.2 | 0.1 | 0.3 | 0.2 | 0.0% |
| Germany | 0.8 | 0.3 | 0.6 | 0.2 | -37.0% |
| United Kingdom | 0.5 | 0.2 | 0.4 | 0.1 | -41.5% |
| Spain | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Brazil | N/A | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | 4.6 | 0.5 | 35.7% |
| Total | 36.4 | 9.3 | 42.5 | 25.9 | -10.7% |
Top Suppliers of Clock Movements; Complete and Assembled to Colombia in 2022:
- Hong Kong SAR (25.0 units)
- China (23.0 units)
- Japan (3.0 units)
- Germany (2.0 units)
- Brazil (1.0 units)
- Panama (1.0 units)
- India (1.0 units)
- United Kingdom (1.0 units)
- Switzerland (1.0 units)
- Spain (1.0 units)
Exports of Clock Movements; Complete and Assembled in Colombia
In 2022, after two years of decline, there was significant growth in overseas shipments of clock movements; complete and assembleds, when their volume increased by 150% to 15 units. Overall, exports, however, faced a precipitous contraction. Over the period under review, the exports hit record highs at 101 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, clock movements; complete and assembled exports surged to $101 in 2022. Over the period under review, exports, however, recorded a precipitous descent. Over the period under review, the exports reached the peak figure at $1.3K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Clock Movements; Complete and Assembled in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 333 | 36.0 | 8.0 | 24.0 | -58.4% |
| Netherlands | N/A | N/A | N/A | 20.0 | 0% |
| Mexico | 219 | 24.0 | 5.0 | 16.0 | -58.2% |
| Aruba | 380 | 3.0 | 5.0 | 13.0 | -67.5% |
| Costa Rica | 134 | 10.0 | 1.0 | 5.0 | -66.6% |
| Switzerland | 10.0 | 2.0 | 1.0 | 3.0 | -33.1% |
| Guatemala | N/A | 78.0 | N/A | N/A | 0% |
| Honduras | 223 | N/A | N/A | N/A | 0% |
| Others | N/A | 23.0 | 6.0 | 20.0 | -6.7% |
| Total | 1,299 | 176 | 26.0 | 101 | -57.3% |
Top Export Markets for Clock Movements; Complete and Assembled from Colombia in 2022:
- Netherlands (3.0 units)
- United States (3.0 units)
- Mexico (2.0 units)
- Aruba (2.0 units)
- Costa Rica (1.0 units)
- Switzerland (1.0 units)
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