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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $0.7 per unit, increasing by 48% against the previous year. Overall, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 115%. Over the period under review, average import prices attained the maximum at $0.9 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($0.7 per unit), while the price for China amounted to $0.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of clock movements; complete and assembled, electrically operateds into Costa Rica reduced dramatically to 3.2K units in 2022, declining by -77.4% on the previous year. Overall, imports showed a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. As a result, imports reached the peak of 14K units, and then fell sharply in the following year.

In value terms, imports of clock movements; complete and assembled, electrically operateds reduced notably to $2.3K in 2022. In general, imports continue to indicate a significant decline. The growth pace was the most rapid in 2021 with an increase of 69% against the previous year. Over the period under review, imports of reached the peak figure at $11K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.62.04.41.2-9.1%
United States4.70.81.41.1-38.4%
Germany1.91.11.1N/A-23.9%
Bangladesh0.5N/AN/AN/A0%
Others2.20.1N/AN/A-95.5%
Total10.94.06.82.3-40.5%

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

  1. China (1.7K units)
  2. United States (1.5K units)

Source: IndexBox Market Intelligence Platform

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