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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembleds amounted to $4.2 per unit, waning by -60.6% against the previous year. Overall, the import price, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 131%. As a result, import price reached the peak level of $12 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

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 Poland ($19 per unit), while the price for China ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+28.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for clock movements; complete and assembleds stood at $4.5 per unit in 2022, which is down by -35.5% against the previous year. In general, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 125%. Over the period under review, the average export prices attained the peak figure at $10 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($65 per unit), while the average price for exports to Bosnia and Herzegovina totaled $1.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+15.5%), while the prices for the other major destinations experienced a decline.

Imports of Clock Movements; Complete and Assembled in Croatia

In 2022, purchases abroad of clock movements; complete and assembleds was finally on the rise to reach 18K units after two years of decline. Over the period under review, imports posted a significant expansion. 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 $75K in 2022. In general, imports continue to indicate 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 Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.20.2N/A50.3531.2%
Poland14.711.36.415.21.1%
China1.60.51.14.237.9%
Netherlands4.12.84.20.3-58.2%
HungaryN/A2.00.1N/A-95.0%
Others3.429.511.94.913.0%
Total24.146.323.874.845.9%

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

  1. Hungary (undefinedK units)
  2. Italy (11.7K units)
  3. China (5.0K units)
  4. Poland (0.8K units)
  5. Netherlands (0.1K units)

Exports of Clock Movements; Complete and Assembled in Croatia

In 2022, the amount of clock movements; complete and assembleds exported from Croatia surged to 1.4K units, growing by 24% on 2021. Overall, exports, however, continue to indicate a deep reduction. Over the period under review, the exports hit record highs at 2K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, clock movements; complete and assembled exports declined significantly to $6.4K in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 61%. As a result, the exports attained the peak of $10K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Clock Movements; Complete and Assembled in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia2.21.52.63.112.1%
Bosnia and Herzegovina1.82.52.12.410.1%
Serbia2.25.63.20.3-48.5%
OthersN/A0.70.10.5-15.5%
Total6.310.28.06.40.5%

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

  1. Bosnia and Herzegovina (1372.0 units)
  2. Slovenia (48.0 units)
  3. Serbia (5.0 units)

Source: IndexBox Market Intelligence Platform

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