Price for Clock Movements; Complete and Assembled, Electrically Operated in Latvia - 2023
Contents:
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Latvia (FOB) - 2022
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Latvia (CIF) - 2022
- Exports of Clock Movements; Complete and Assembled, Electrically Operated in Latvia
- Imports of Clock Movements; Complete and Assembled, Electrically Operated in Latvia
Price for Clock Movements; Complete and Assembled, Electrically Operated in Latvia (FOB) - 2022
The average export price for clock movements; complete and assembled, electrically operateds stood at $2.3 per unit in 2022, leveling off at the previous year. In general, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 50% against the previous year. As a result, the export price reached the peak level of $5.4 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -1.0% per year.
Price for Clock Movements; Complete and Assembled, Electrically Operated in Latvia (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $9.1 per unit, growing by 137% against the previous year. In general, the import price showed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Turkey ($36 per unit), while the price for Italy ($1.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+531.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Clock Movements; Complete and Assembled, Electrically Operated in Latvia
In 2022, exports of clock movements; complete and assembled, electrically operateds from Latvia soared to 4.4K units, growing by 145,067% compared with the year before. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of clock movements; complete and assembled, electrically operateds skyrocketed to $10K in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Clock Movements; Complete and Assembled, Electrically Operated in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 10.1 | 0% |
| Lithuania | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | N/A | N/A | 10.1 | 0% |
Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Latvia in 2022:
- Russia (4.4K units)
Imports of Clock Movements; Complete and Assembled, Electrically Operated in Latvia
In 2022, purchases abroad of clock movements; complete and assembled, electrically operateds decreased by -85.9% to 29 units, falling for the second consecutive year after two years of growth. Overall, imports faced a dramatic decline. The pace of growth appeared the most rapid in 2020 when imports increased by 504% against the previous year. As a result, imports attained the peak of 942 units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of clock movements; complete and assembled, electrically operateds contracted notably to $264 in 2022. In general, imports showed a sharp downturn. The pace of growth appeared the most rapid in 2020 with an increase of 347% against the previous year. As a result, imports attained the peak of $5.6K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Clock Movements; Complete and Assembled, Electrically Operated in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 179 | 0% |
| Estonia | N/A | N/A | 453 | 57.0 | -87.4% |
| Finland | 13.0 | 13.0 | N/A | 22.0 | 19.2% |
| Italy | N/A | N/A | 7.0 | 6.0 | -14.3% |
| China | N/A | N/A | 123 | N/A | 0% |
| Switzerland | 560 | 5,146 | N/A | N/A | 818.9% |
| Germany | 430 | 424 | 209 | N/A | -30.3% |
| Others | 247 | N/A | N/A | N/A | 0% |
| Total | 1,250 | 5,583 | 792 | 264 | -40.4% |
Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Latvia in 2022:
- Finland (12.0 units)
- Estonia (7.0 units)
- Turkey (5.0 units)
- Italy (5.0 units)
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