Price for Clock Movements; Complete and Assembled in Belgium - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Belgium (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Belgium (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Belgium
- Exports of Clock Movements; Complete and Assembled in Belgium
Price for Clock Movements; Complete and Assembled in Belgium (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembleds amounted to $4.8 per unit, growing by 16% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 306%. As a result, import price attained the peak level of $18 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($16 per unit), while the price for China ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.3%), while the prices for the other major suppliers experienced a decline.
Price for Clock Movements; Complete and Assembled in Belgium (FOB) - 2022
The average export price for clock movements; complete and assembleds stood at $5.1 per unit in 2022, picking up by 27% against the previous year. Overall, the export price, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2021 an increase of 97% against the previous year. The export price peaked at $7.6 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($8 per unit), while the average price for exports to Greece ($0.8 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 Singapore (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled in Belgium
In 2022, the amount of clock movements; complete and assembleds imported into Belgium dropped sharply to 29K units, with a decrease of -63.4% against the previous year's figure. In general, imports showed a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 69% against the previous year. Imports peaked at 84K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, clock movements; complete and assembled imports contracted markedly to $140K in 2022. Overall, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. Over the period under review, imports hit record highs at $1.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Clock Movements; Complete and Assembled in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 13.7 | 33.3 | 1.7 | 67.3 | 70.0% |
| Netherlands | 156 | 90.0 | 255 | 19.2 | -50.3% |
| China | 32.4 | 58.2 | 38.6 | 15.1 | -22.5% |
| Spain | N/A | 0.7 | N/A | 4.5 | 153.5% |
| Turkey | 9.4 | N/A | 0.2 | 4.1 | -24.2% |
| United Kingdom | 0.3 | 0.7 | 2.9 | 4.0 | 137.1% |
| Germany | 1,306 | 26.6 | 13.5 | 4.0 | -85.5% |
| Others | 21.6 | 16.1 | 17.0 | 21.7 | 0.2% |
| Total | 1,540 | 226 | 329 | 140 | -55.0% |
Top Suppliers of Clock Movements; Complete and Assembled to Belgium in 2022:
- France (9.9K units)
- China (9.9K units)
- Netherlands (4.6K units)
- Spain (1.4K units)
- United Kingdom (1.2K units)
- Turkey (1.1K units)
- Germany (0.2K units)
Exports of Clock Movements; Complete and Assembled in Belgium
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 -30.5% to 34K units. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 43%. The exports peaked at 49K units in 2021, and then dropped remarkably in the following year.
In value terms, clock movements; complete and assembled exports contracted to $176K in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 176% against the previous year. As a result, the exports reached the peak of $200K, and then fell in the following year.
| Export of Clock Movements; Complete and Assembled in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | N/A | 36.0 | 0% |
| France | 15.6 | 30.9 | 38.8 | 35.0 | 30.9% |
| Germany | 2.4 | 1.3 | 0.8 | 5.9 | 35.0% |
| Switzerland | 2.2 | 2.2 | 141 | 4.1 | 23.1% |
| Italy | 0.8 | 3.8 | 0.1 | 3.1 | 57.1% |
| Poland | 0.3 | 0.4 | 0.2 | 3.1 | 117.8% |
| Spain | 1.1 | 10.6 | 5.2 | 1.7 | 15.6% |
| United Kingdom | 8.0 | 14.3 | 6.3 | 1.6 | -41.5% |
| Greece | 3.0 | 0.7 | 0.7 | 0.5 | -45.0% |
| Others | 20.7 | 8.2 | 6.6 | 85.3 | 60.3% |
| Total | 54.1 | 72.3 | 200 | 176 | 48.2% |
Top Export Markets for Clock Movements; Complete and Assembled from Belgium in 2022:
- France (17.5K units)
- Israel (6.3K units)
- Germany (2.5K units)
- Italy (2.2K units)
- Spain (1.5K units)
- Poland (1.2K units)
- Greece (0.5K units)
- Switzerland (0.5K units)
- United Kingdom (0.3K units)
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