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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $1.1 per unit, declining by -2.3% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for clock movements; complete and assembled, electrically operateds decreased by -33.0% against 2017 indices. The pace of growth was the most pronounced in 2017 an increase of 78% against the previous year. As a result, import price attained the peak level of $1.6 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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 +9.9% per year.

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

The average export price for clock movements; complete and assembled, electrically operateds stood at $2,200 per unit in 2022, approximately equating the previous year. In general, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 193%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to -0.6% per year.

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

In 2022, the amount of clock movements; complete and assembled, electrically operateds imported into Israel declined to 41K units, shrinking by -11.4% on 2021. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 37%. As a result, imports reached the peak of 47K units, and then declined in the following year.

In value terms, imports of clock movements; complete and assembled, electrically operateds shrank to $45K in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 53%. As a result, imports attained the peak of $52K, and then declined in the following year.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.07.220.042.044.2%
Hong Kong SAR19.817.725.7N/A13.9%
United Kingdom2.42.34.4N/A35.4%
TurkeyN/A1.5N/AN/A0%
Others6.75.31.93.0-23.5%
Total43.034.052.045.01.5%

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

  1. China (40.9K units)

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

In 2022, overseas shipments of clock movements; complete and assembled, electrically operateds decreased by 0% to 5 units, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp downturn. The growth pace was the most rapid in 2020 with an increase of 30%. As a result, the exports attained the peak of 13 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 amounted to $11K in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 281% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A11.00%
Argentina0.31.4N/AN/A366.7%
SwitzerlandN/AN/AN/AN/A0%
SwedenN/A0.1N/AN/A0%
NetherlandsN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.41.5N/A11.0201.8%

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

  1. Poland (5.0 units)

Source: IndexBox Market Intelligence Platform

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