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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $1.7 per unit, shrinking by -19.6% against the previous year. Over the period under review, the import price faced a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 498%. Over the period under review, average import prices hit record highs at $12 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($20 per unit), while the price for China ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+674.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for clock movements; complete and assembled, electrically operateds amounted to $14 per unit, increasing by 433% against the previous year. Overall, the export price posted significant growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 11,340% against the previous year. As a result, the export price attained the peak level of $137 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($69 per unit), while the average price for exports to Lithuania ($3 per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+491.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Estonia recorded growth in supplies from abroad of clock movements; complete and assembled, electrically operateds, which increased by 61% to 10K units in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 136% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of clock movements; complete and assembled, electrically operateds skyrocketed to $17K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 126%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/A0.31.28.8441.6%
GermanyN/A3.50.14.614.6%
China0.21.90.61.7104.1%
NetherlandsN/AN/A1.51.3-13.3%
Spain6.7N/AN/AN/A0%
HungaryN/AN/A9.5N/A0%
Others2.90.20.41.0-29.9%
Total9.85.913.317.320.9%

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

  1. Finland (6.7K units)
  2. China (2.9K units)
  3. Germany (0.5K units)
  4. Netherlands (0.1K units)

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

In 2022, overseas shipments of clock movements; complete and assembled, electrically operateds decreased by -25% to 12 units, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 11,222% against the previous year. As a result, the exports reached the peak of 2K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of clock movements; complete and assembled, electrically operateds surged to $164 in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 22,493% against the previous year. As a result, the exports reached the peak of $3.2K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/AN/AN/A86.00%
Switzerland1.0N/AN/A69.0310.2%
LithuaniaN/AN/A10.09.0-10.0%
RussiaN/A2,746N/AN/A0%
Latvia13.041731.0N/A54.4%
OthersN/AN/AN/AN/A0%
Total14.03,16341.0164127.1%

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

  1. Finland (8.0 units)
  2. Lithuania (3.0 units)
  3. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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