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

Contents:

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

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

In 2022, the average export price for clock movements; complete and assembled, electrically operateds amounted to $16 per unit, with an increase of 32% against the previous year. In general, the export price, however, saw a pronounced setback. Over the period under review, the average export prices attained the peak figure at $25 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($28 per unit), while the average price for exports to Sweden ($1 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+64.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for clock movements; complete and assembled, electrically operateds stood at $1.7 per unit in 2022, remaining stable against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 53%. The import price peaked at $2.4 per unit in 2020; however, from 2021 to 2022, 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 -0.4% per year.

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

In 2022, the amount of clock movements; complete and assembled, electrically operateds exported from Pakistan reduced notably to 25 units, with a decrease of -39% compared with 2021 figures. In general, exports faced a precipitous decrease. The exports peaked at 41 units in 2021, and then contracted remarkably in the following year.

In value terms, exports of clock movements; complete and assembled, electrically operateds contracted notably to $406 in 2022. Over the period under review, exports showed a abrupt setback. The exports peaked at $505 in 2021, and then dropped sharply in the following year.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Pakistan (USD)
COUNTRY20212022CAGR,
2021-2022
United Arab EmiratesN/A2840%
GermanyN/A1130%
CanadaN/A4.00%
DenmarkN/A1.00%
Iceland3.01.0-66.7%
Sweden20.01.0-95.0%
IrelandN/A1.00%
SpainN/A1.00%
Norway14.0N/A0%
United Kingdom442N/A0%
Others26.0N/A0%
Total505406-19.6%

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

  1. United Arab Emirates (10.0 units)
  2. Germany (9.0 units)
  3. Canada (1.0 units)
  4. Denmark (1.0 units)
  5. Iceland (1.0 units)
  6. Sweden (1.0 units)
  7. Ireland (1.0 units)
  8. Spain (1.0 units)

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

For the fourth year in a row, Pakistan recorded growth in supplies from abroad of clock movements; complete and assembled, electrically operateds, which increased by 106% to 28K units in 2022. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 259%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of clock movements; complete and assembled, electrically operateds soared to $47K in 2022. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 270%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.713.123.047.1202.6%
Others1.9N/AN/AN/A0%
Total3.513.123.047.1137.9%

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

  1. China (28.4K units)

Source: IndexBox Market Intelligence Platform

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