Price for Clock Movements; Complete and Assembled in Argentina - 2023

Contents:

  1. Price for Clock Movements; Complete and Assembled in Argentina (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled in Argentina (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled in Argentina
  4. Exports of Clock Movements; Complete and Assembled in Argentina

Price for Clock Movements; Complete and Assembled in Argentina (CIF) - 2022

The average import price for clock movements; complete and assembleds stood at $0.5 per unit in 2022, rising by 22% against the previous year. Overall, the import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 52%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($0.5 per unit), while the price for Japan stood at $0.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.6%).

Price for Clock Movements; Complete and Assembled in Argentina (FOB) - 2022

The average export price for clock movements; complete and assembleds stood at $76 per unit in 2022, increasing by 319% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. Over the period under review, the average export prices attained the maximum at $260 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($338 per unit), while the average price for exports to Uruguay ($8 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 the United States (+5.5%), while the prices for the other major destinations experienced a decline.

Imports of Clock Movements; Complete and Assembled in Argentina

In 2022, purchases abroad of clock movements; complete and assembleds was finally on the rise to reach 627K units after two years of decline. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, clock movements; complete and assembled imports surged to $321K in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Clock Movements; Complete and Assembled in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China93.510373.328645.2%
Japan18.719.522.735.323.6%
Germany13.415.318.6N/A17.8%
United States1.81.71.8N/A0.0%
Others11.112.616.7N/A22.7%
Total13815213332132.5%

Top Suppliers of Clock Movements; Complete and Assembled to Argentina in 2022:

  1. China (544.0K units)
  2. Japan (83.4K units)

Exports of Clock Movements; Complete and Assembled in Argentina

Clock movements; complete and assembled exports from Argentina plummeted to 5 units in 2022, declining by -16.7% against 2021 figures. Overall, exports faced a sharp contraction. The exports peaked at 28 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, clock movements; complete and assembled exports skyrocketed to $381 in 2022. In general, exports continue to indicate a precipitous decrease. The exports peaked at $2.1K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Clock Movements; Complete and Assembled in Argentina (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,11153493.0338-32.7%
Uruguay68.030.05.016.0-38.3%
Belgium98.037.05.014.0-47.7%
France55.027.04.013.0-38.2%
HungaryN/A15.01.0N/A-93.3%
Taiwan (Chinese)627N/AN/AN/A0%
Czech RepublicN/A14.0N/AN/A0%
Others120N/A1.0N/A-90.9%
Total2,079657109381-43.2%

Top Export Markets for Clock Movements; Complete and Assembled from Argentina in 2022:

  1. Uruguay (2.0 units)
  2. United States (1.0 units)
  3. Belgium (1.0 units)
  4. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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