Price for Clock Movements; Complete and Assembled in Angola - 2022
Contents:
- Price for Clock Movements; Complete and Assembled in Angola (CIF) - 2022
- Imports of Clock Movements; Complete and Assembled in Angola
Price for Clock Movements; Complete and Assembled in Angola (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembleds amounted to $4.6 per unit, growing by 12% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clock movements; complete and assembled import price increased by +77.0% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 61%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain 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 Vietnam ($12 per unit), while the price for South Africa ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled in Angola
In 2022, the amount of clock movements; complete and assembleds imported into Angola contracted dramatically to 890 units, falling by -49.8% against 2021. In general, imports saw a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 587% against the previous year. As a result, imports reached the peak of 1.8K units, and then declined remarkably in the following year.
In value terms, clock movements; complete and assembled imports reduced rapidly to $4.1K in 2022. Over the period under review, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 698% against the previous year. As a result, imports attained the peak of $7.3K, and then dropped sharply in the following year.
| Import of Clock Movements; Complete and Assembled in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1,427 | 337 | 2,185 | 1,103 | -8.2% |
| Portugal | 1,586 | 118 | 1,612 | 814 | -19.9% |
| Netherlands | 8.0 | 5.0 | 103 | 596 | 320.8% |
| Namibia | 1,050 | 207 | 1,136 | 544 | -19.7% |
| United Arab Emirates | 323 | 90.0 | 949 | 479 | 14.0% |
| South Africa | 11.0 | 41.0 | 462 | 233 | 176.7% |
| Belgium | 160 | 31.0 | 173 | 83.0 | -19.6% |
| China | 36.0 | 16.0 | 144 | 73.0 | 26.6% |
| United States | 165 | 27.0 | 126 | 51.0 | -32.4% |
| India | N/A | N/A | 166 | N/A | 0% |
| Others | 213 | 41.0 | 233 | 126 | -16.1% |
| Total | 4,979 | 913 | 7,289 | 4,102 | -6.3% |
Top Suppliers of Clock Movements; Complete and Assembled to Angola in 2022:
- South Africa (313.0 units)
- Netherlands (198.0 units)
- Portugal (145.0 units)
- Vietnam (93.0 units)
- Namibia (47.0 units)
- United Arab Emirates (42.0 units)
- China (16.0 units)
- United States (10.0 units)
- Belgium (9.0 units)
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