Price for Clock Movements; Complete and Assembled in Belarus - 2022

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembleds amounted to $0.4 per unit, declining by -21.7% against the previous year. In general, the import price, however, enjoyed measured growth. The growth pace was the most rapid in 2014 an increase of 621% against the previous year. As a result, import price attained the peak level of $2.3 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($0.5 per unit), while the price for China amounted to $0.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%).

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

The average export price for clock movements; complete and assembleds stood at $0.1 per unit in 2022, jumping by 29% against the previous year. In general, the export price, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 41%. The export price peaked at $0.3 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to -12.6% per year.

Imports of Clock Movements; Complete and Assembled in Belarus

In 2022, supplies from abroad of clock movements; complete and assembleds decreased by -55.2% to 1.1M units, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of 2.6M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, clock movements; complete and assembled imports dropped rapidly to $444K in 2022. Over the period under review, imports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 10% against the previous year. As a result, imports reached the peak of $1.6M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Clock Movements; Complete and Assembled in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3791,5341,225430-32.2%
Russia46.240.038.112.9-34.6%
Others8.53.33.71.2-47.9%
Total1,4341,5771,266444-32.3%

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

  1. China (1121.4K units)
  2. Russia (23.6K units)

Exports of Clock Movements; Complete and Assembled in Belarus

In 2022, after three years of growth, there was significant decline in overseas shipments of clock movements; complete and assembleds, when their volume decreased by -29.9% to 106K units. Over the period under review, exports, however, posted buoyant growth. The growth pace was the most rapid in 2021 with an increase of 107%. As a result, the exports attained the peak of 151K units, and then reduced dramatically in the following year.

In value terms, clock movements; complete and assembled exports contracted to $9K in 2022. In general, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 191%. As a result, the exports reached the peak of $9.9K, and then shrank in the following year.

Export of Clock Movements; Complete and Assembled in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6.33.49.99.012.6%
Others0.2N/AN/AN/A0%
Total6.53.49.99.011.5%

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

  1. Russia (105.9K units)

Source: IndexBox Market Intelligence Platform

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