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

Contents:

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

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

The average import price for clock movements; complete and assembled, electrically operateds stood at $9.9 per unit in 2022, growing by 58% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. Over the period under review, average import prices hit record highs at $32 per unit in 2012; however, from 2013 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 Belgium ($12 per unit), while the price for France ($7.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+40.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for clock movements; complete and assembled, electrically operateds amounted to $108 per unit, approximately reflecting the previous year. Over the period under review, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 548%. Over the period under review, the average export prices attained the maximum at $167 per unit in 2018; however, from 2019 to 2022, the 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 the Netherlands ($165 per unit), while the average price for exports to France stood at $21 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of clock movements; complete and assembled, electrically operateds into Luxembourg soared to 707 units, growing by 64% on 2021. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 85% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of clock movements; complete and assembled, electrically operateds skyrocketed to $7K in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France7852263952,85853.8%
Germany3666725951,51860.7%
Belgium10919913285398.5%
ItalyN/AN/AN/A4590%
SpainN/AN/A36.0194438.9%
DenmarkN/AN/A966N/A0%
Others9261405821,1397.1%
Total2,1861,2372,7067,02147.5%

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

  1. France (368.0 units)
  2. Germany (179.0 units)
  3. Belgium (73.0 units)
  4. Italy (52.0 units)
  5. Spain (23.0 units)

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

In 2022, shipments abroad of clock movements; complete and assembled, electrically operateds decreased by 0% to 5 units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 700%. As a result, the exports reached the peak of 24 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of clock movements; complete and assembled, electrically operateds stood at $538 in 2022. Over the period under review, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 237%. As a result, the exports attained the peak of $1.1K. 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 Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands315772N/A49616.3%
FranceN/A50.0N/A42.0-8.3%
SwitzerlandN/A240N/AN/A0%
OthersN/AN/AN/AN/A0%
Total3151,062N/A53819.5%

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

  1. Netherlands (3.0 units)
  2. France (2.0 units)

Source: IndexBox Market Intelligence Platform

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