Price for Clock Movements; Complete and Assembled, Electrically Operated in Azerbaijan - 2023

Contents:

  1. Price for Clock Movements; Complete and Assembled, Electrically Operated in Azerbaijan (CIF) - 2022
  2. Imports of Clock Movements; Complete and Assembled, Electrically Operated in Azerbaijan

Price for Clock Movements; Complete and Assembled, Electrically Operated in Azerbaijan (CIF) - 2022

The average import price for clock movements; complete and assembled, electrically operateds stood at $3.4 per unit in 2022, declining by -93% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 1,171% against the previous year. As a result, import price reached the peak level of $48 per unit, and then reduced notably in the following year.

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 China ($9 per unit), while the price for Turkey amounted to $3.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1,414.4%), while the prices for the other major suppliers experienced a decline.

Imports of Clock Movements; Complete and Assembled, Electrically Operated in Azerbaijan

Imports of clock movements; complete and assembled, electrically operateds into Azerbaijan soared to 7.7K units in 2022, rising by 6,215% against the previous year's figure. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of clock movements; complete and assembled, electrically operateds surged to $26K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A24.10%
China0.34.90.81.881.7%
United Kingdom2.1N/A5.1N/A55.8%
OthersN/A0.1N/AN/A0%
Total2.45.05.825.9121.0%

Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Azerbaijan in 2022:

  1. Turkey (7.5K units)
  2. China (0.2K units)

Source: IndexBox Market Intelligence Platform

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