Price for Clock Movements; Complete and Assembled in Ecuador - 2021
Contents:
- Price for Clock Movements; Complete and Assembled in Ecuador (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Ecuador (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Ecuador
- Exports of Clock Movements; Complete and Assembled in Ecuador
Price for Clock Movements; Complete and Assembled in Ecuador (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $4.8 per unit in 2022, surging by 135% against the previous year. Over the period under review, the import price, however, saw a noticeable downturn. The import price peaked at $9.7 per unit in 2014; however, from 2015 to 2022, 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 the United States ($10 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 the United States (+4.3%), while the prices for the other major suppliers experienced a decline.
Price for Clock Movements; Complete and Assembled in Ecuador (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembleds amounted to $15 per unit, jumping by 30% against the previous year. Over the period under review, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 89%. The export price peaked at $61 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($93 per unit), while the average price for exports to South Africa stood at $2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+91.2%).
Imports of Clock Movements; Complete and Assembled in Ecuador
After three years of growth, supplies from abroad of clock movements; complete and assembleds decreased by -70.5% to 10K units in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 177% against the previous year. Imports peaked at 34K units in 2021, and then dropped significantly in the following year.
In value terms, clock movements; complete and assembled imports declined dramatically to $48K in 2022. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 159%. As a result, imports reached the peak of $70K, and then reduced rapidly in the following year.
| Import of Clock Movements; Complete and Assembled in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.6 | 5.1 | 13.6 | 20.2 | 132.9% |
| United States | 0.8 | 0.1 | 29.8 | 15.9 | 170.9% |
| Panama | 4.1 | 8.9 | 0.5 | 4.8 | 5.4% |
| Peru | 0.1 | 2.1 | 3.4 | 1.8 | 162.1% |
| Hong Kong SAR | 0.7 | 1.3 | 2.3 | 1.4 | 26.0% |
| China | 3.0 | 5.7 | 17.0 | 1.2 | -26.3% |
| Germany | 0.7 | 1.3 | 2.0 | 1.1 | 16.3% |
| Thailand | N/A | N/A | 0.6 | N/A | 0% |
| Others | N/A | 2.4 | 0.8 | 2.0 | -8.7% |
| Total | 10.9 | 27.0 | 69.9 | 48.4 | 64.4% |
Top Suppliers of Clock Movements; Complete and Assembled to Ecuador in 2022:
- Japan (3.6K units)
- Peru (1.7K units)
- United States (1.6K units)
- China (1.5K units)
- Panama (1.1K units)
- Hong Kong SAR (0.3K units)
- Germany (0.2K units)
Exports of Clock Movements; Complete and Assembled in Ecuador
In 2022, overseas shipments of clock movements; complete and assembleds decreased by -12.5% to 7 units for the first time since 2019, thus ending a two-year rising trend. In general, total exports indicated resilient growth from 2020 to 2022: its volume increased at an average annual rate of +18.3% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. As a result, the exports attained the peak of 8 units, and then reduced in the following year.
In value terms, clock movements; complete and assembled exports expanded sharply to $106 in 2022. Over the period under review, exports recorded a abrupt contraction. The exports peaked at $120 in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Clock Movements; Complete and Assembled in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Switzerland | N/A | N/A | 93.0 | 0% | |
| South Africa | 72.0 | 76.0 | 8.0 | -66.7% | |
| China | 48.0 | N/A | N/A | 0% | |
| Others | N/A | 17.0 | 5.0 | -70.6% | |
| Total | 120 | 93.0 | 106 | -6.0% | |
Top Export Markets for Clock Movements; Complete and Assembled from Ecuador in 2022:
- South Africa (4.0 units)
- Switzerland (1.0 units)
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