Price for Clock Movements; Complete and Assembled, Electrically Operated in Canada - 2024
Contents:
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Canada (CIF) - 2024
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Canada (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Electrically Operated in Canada
- Exports of Clock Movements; Complete and Assembled, Electrically Operated in Canada
Price for Clock Movements; Complete and Assembled, Electrically Operated in Canada (CIF) - 2024
The average import price for clock movements; complete and assembled, electrically operateds stood at $16.7 per unit in December 2023, growing by 107% against the previous month. Overall, the import price posted a remarkable increase. The growth pace was the most rapid in June 2023 when the average import price increased by 180% m-o-m. As a result, import price attained the peak level of $21.1 per unit. From July 2023 to December 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Saudi Arabia ($23.7 per unit), while the price for China ($4.3 per unit) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled, Electrically Operated in Canada (FOB) - 2022
The average export price for clock movements; complete and assembled, electrically operateds stood at $6.7 per unit in 2022, shrinking by -25.8% against the previous year. Overall, the export price saw a slight decrease. The growth pace was the most rapid in 2020 an increase of 118% against the previous year. As a result, the export price attained the peak level of $14 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($6.3 per unit), while the average price for exports to France totaled $6.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.9%), while the prices for the other major destinations experienced a decline.
Imports of Clock Movements; Complete and Assembled, Electrically Operated in Canada
After three years of growth, supplies from abroad of clock movements; complete and assembled, electrically operateds decreased by -2.1% to 198K units in 2022. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. As a result, imports attained the peak of 202K units, and then declined slightly in the following year.
In value terms, imports of clock movements; complete and assembled, electrically operateds fell slightly to $593K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. As a result, imports reached the peak of $624K, and then shrank in the following year.
| Import of Clock Movements; Complete and Assembled, Electrically Operated in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 285 | 155 | 325 | 313 | 3.2% |
| China | 145 | 159 | 232 | 158 | 2.9% |
| Saudi Arabia | 13.3 | 39.4 | 52.6 | 102 | 97.2% |
| Switzerland | 0.5 | N/A | N/A | 8.4 | 156.1% |
| Others | 22.2 | 51.5 | 14.4 | 11.1 | -20.6% |
| Total | 466 | 405 | 624 | 593 | 8.4% |
Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Canada in 2022:
- United States (123.3K units)
- China (61.8K units)
- Saudi Arabia (5.9K units)
- Switzerland (3.7K units)
Exports of Clock Movements; Complete and Assembled, Electrically Operated in Canada
In 2022, after two years of decline, there was significant growth in overseas shipments of clock movements; complete and assembled, electrically operateds, when their volume increased by 798% to 5.2K units. Overall, exports, however, saw a sharp shrinkage. The exports peaked at 11K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of clock movements; complete and assembled, electrically operateds soared to $35K in 2022. In general, exports, however, recorded a sharp curtailment. Over the period under review, the exports of reached the maximum at $72K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Clock Movements; Complete and Assembled, Electrically Operated in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 31.5 | 0% |
| France | N/A | N/A | N/A | 0.6 | 0% |
| United Kingdom | N/A | 0.9 | N/A | N/A | 0% |
| United States | 69.1 | 2.8 | 4.9 | N/A | -73.4% |
| Others | 3.3 | 4.8 | 0.4 | 3.0 | -3.1% |
| Total | 72.4 | 8.4 | 5.3 | 35.2 | -21.4% |
Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Canada in 2022:
- Italy (5.0K units)
- France (0.1K units)
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