Price for Clock Movements; Complete and Assembled, Electrically Operated in Belarus - 2022

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $0.2 per unit, which is down by -56.4% against the previous year. Over the period under review, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2014 an increase of 1,427%. As a result, import price attained the peak level of $3.4 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -2.6% per year.

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

The average export price for clock movements; complete and assembled, electrically operateds stood at $0.1 per unit in 2022, surging by 95% against the previous year. In general, the export price, however, continues to indicate a deep contraction. Over the period under review, the average export prices attained the maximum at $0.3 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to -14.2% per year.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of clock movements; complete and assembled, electrically operateds, when their volume decreased by -20.4% to 2.6M units. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 27%. Over the period under review, imports of hit record highs at 3.3M units in 2021, and then shrank markedly in the following year.

In value terms, imports of clock movements; complete and assembled, electrically operateds contracted significantly to $436K in 2022. In general, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, imports reached the peak of $1.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.41.51.20.4-34.1%
OthersN/AN/AN/AN/A0%
Total1.41.61.30.4-34.1%

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

  1. China (2.6M units)

Exports of Clock Movements; Complete and Assembled, Electrically Operated in Belarus

In 2022, the amount of clock movements; complete and assembled, electrically operateds exported from Belarus contracted remarkably to 158K units, waning by -35% against 2021. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 233% against the previous year. As a result, the exports reached the peak of 243K units, and then shrank dramatically in the following year.

In value terms, exports of clock movements; complete and assembled, electrically operateds surged to $11K in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 400%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4.01.89.011.441.8%
Others0.2N/AN/AN/A0%
Total4.21.89.011.439.5%

Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Belarus in 2022:

  1. Russia (158.0K units)

Source: IndexBox Market Intelligence Platform

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