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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $6.3 per unit, with an increase of 3,583% against the previous year. Over the period under review, the import price continues to indicate temperate growth. The import price peaked at $26 per unit in 2015; however, from 2016 to 2022, import prices stood 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 Italy ($55 per unit), while the price for Hungary ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+1,378.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for clock movements; complete and assembled, electrically operateds stood at $2.9 per unit in 2021, approximately reflecting the previous year. Overall, the export price posted a mild increase. The most prominent rate of growth was recorded in 2015 an increase of 182% against the previous year. The export price peaked at $15 per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to +23.7% per year.

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

In 2022, approx. 881 units of clock movements; complete and assembled, electrically operateds were imported into Bulgaria; with a decrease of -95.4% on 2021 figures. Over the period under review, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 159%. As a result, imports attained the peak of 19K units, and then declined remarkably in the following year.

In value terms, imports of clock movements; complete and assembled, electrically operateds soared to $5.5K in 2022. In general, imports showed a dramatic contraction. Over the period under review, imports of reached the maximum at $25K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/AN/A2.41.6-33.3%
ItalyN/AN/A0.51.4180.0%
China18.30.80.4N/A-85.2%
Greece5.517.7N/AN/A221.8%
Others1.2N/AN/A2.527.7%
Total25.018.53.35.5-39.6%

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

  1. Hungary (834.0 units)
  2. Italy (26.0 units)

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

In 2021, approx. 9.1K units of clock movements; complete and assembled, electrically operateds were exported from Bulgaria; remaining constant against the previous year's figure. In general, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, exports of clock movements; complete and assembled, electrically operateds amounted to $26K in 2021. Overall, exports recorded significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2021 and are likely to continue growth in years to come.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Bulgaria (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
GreeceN/AN/A26.20%
Germany9.5N/AN/A0%
Others0.6N/AN/A0%
Total10.1N/A26.261.1%

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

  1. Greece (9.1K units)

Source: IndexBox Market Intelligence Platform

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