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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $4 per unit, declining by -20.2% against the previous year. In general, the import price, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2019 an increase of 67% against the previous year. The import price peaked at $9.2 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($41 per unit), while the price for Spain ($3.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+74.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for clock movements; complete and assembled, electrically operateds stood at $5.6 per unit in 2022, with a decrease of -48% against the previous year. In general, the export price, however, posted a noticeable increase. The growth pace was the most rapid in 2014 an increase of 105% against the previous year. Over the period under review, the average export prices attained the maximum at $13 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($24 per unit), while the average price for exports to Switzerland ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of clock movements; complete and assembled, electrically operateds into Portugal totaled 16K units, increasing by 9.6% compared with the previous year. Overall, imports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 101% against the previous year. Imports peaked at 19K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of clock movements; complete and assembled, electrically operateds reduced to $64K in 2022. In general, imports, however, showed a significant contraction. The growth pace was the most rapid in 2021 when imports increased by 11%. Imports peaked at $143K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain42.656.853.947.03.3%
China1.6N/A10.75.550.9%
Germany12.87.74.95.3-25.5%
Netherlands83.0N/A0.23.2-66.2%
Others3.41.23.63.1-3.0%
Total14365.873.264.1-23.5%

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

  1. Spain (14.3K units)
  2. China (0.9K units)
  3. Netherlands (0.2K units)
  4. Germany (0.1K units)

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

In 2022, overseas shipments of clock movements; complete and assembled, electrically operateds increased by 172% to 3.3K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a precipitous slump. Over the period under review, the exports of attained the peak figure at 15K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of clock movements; complete and assembled, electrically operateds surged to $18K in 2022. In general, exports, however, saw a sharp shrinkage. Over the period under review, the exports of attained the maximum at $92K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A10.30%
SwitzerlandN/AN/AN/A4.30%
France0.113.2N/A3.6230.2%
Spain53.4N/A3.70.2-84.5%
Germany1.851.68.9N/A122.4%
United Kingdom35.8N/AN/AN/A0%
Italy0.227.40.4N/A41.4%
Others0.4N/AN/AN/A0%
Total91.792.112.918.3-41.6%

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

  1. Switzerland (2077.0 units)
  2. France (706.0 units)
  3. Sweden (436.0 units)
  4. Spain (37.0 units)

Source: IndexBox Market Intelligence Platform

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