Price for Clock Movements; Complete and Assembled in Denmark - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Denmark (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Denmark (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Denmark
- Exports of Clock Movements; Complete and Assembled in Denmark
Price for Clock Movements; Complete and Assembled in Denmark (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $6.9 per unit in 2022, shrinking by -16.3% against the previous year. In general, the import price, however, recorded measured growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 174%. As a result, import price reached the peak level of $18 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
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 Germany ($26 per unit), while the price for France ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled in Denmark (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembleds amounted to $32 per unit, shrinking by -18.9% against the previous year. Overall, the export price recorded a mild setback. The pace of growth appeared the most rapid in 2014 an increase of 204%. As a result, the export price attained the peak level of $200 per unit. From 2015 to 2022, the average 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 ($68 per unit), while the average price for exports to Kuwait ($8.4 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 Belgium (+55.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Clock Movements; Complete and Assembled in Denmark
For the fourth consecutive year, Denmark recorded growth in supplies from abroad of clock movements; complete and assembleds, which increased by 24% to 57K units in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 160% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, clock movements; complete and assembled imports reached $394K in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 57% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Clock Movements; Complete and Assembled in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 75.3 | 81.5 | 179 | 201 | 38.7% |
| Germany | 21.8 | 2.0 | 1.6 | 114 | 73.6% |
| Sweden | N/A | 0.9 | N/A | 17.9 | 346.0% |
| France | N/A | N/A | N/A | 8.0 | 0% |
| Bangladesh | N/A | 85.3 | 0.7 | 4.2 | -77.8% |
| Turkey | N/A | 14.2 | 1.8 | 0.1 | -91.6% |
| Others | 111 | 57.7 | 196 | 48.0 | -24.4% |
| Total | 208 | 242 | 379 | 394 | 23.7% |
Top Suppliers of Clock Movements; Complete and Assembled to Denmark in 2022:
- Turkey (undefinedK units)
- China (47.2K units)
- Germany (4.5K units)
- France (2.0K units)
- Sweden (1.7K units)
- Bangladesh (1.0K units)
Exports of Clock Movements; Complete and Assembled in Denmark
In 2022, the amount of clock movements; complete and assembleds exported from Denmark soared to 6.8K units, picking up by 55% on the previous year. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, clock movements; complete and assembled exports surged to $219K in 2022. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 49%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Clock Movements; Complete and Assembled in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 4.1 | 45.3 | 63.3 | 106 | 195.7% |
| United States | 90.2 | 19.3 | 41.8 | 66.7 | -9.6% |
| Kuwait | N/A | N/A | N/A | 12.6 | 0% |
| Norway | 17.7 | 42.6 | 11.3 | 8.9 | -20.5% |
| United Kingdom | 0.2 | 1.5 | 5.4 | 6.0 | 210.7% |
| Switzerland | 1.8 | 3.0 | 30.7 | 5.8 | 47.7% |
| Greenland | 0.1 | 0.3 | 0.3 | 2.8 | 203.7% |
| Germany | 3.0 | 0.2 | 19.6 | 0.2 | -59.5% |
| Others | 7.8 | 4.2 | 1.1 | 9.9 | 8.3% |
| Total | 125 | 116 | 174 | 219 | 20.6% |
Top Export Markets for Clock Movements; Complete and Assembled from Denmark in 2022:
- Hong Kong SAR (3007.0 units)
- Kuwait (1504.0 units)
- United States (975.0 units)
- Norway (467.0 units)
- United Kingdom (365.0 units)
- Greenland (301.0 units)
- Switzerland (108.0 units)
- Germany (8.0 units)
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