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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $1 per unit, shrinking by -24.4% against the previous year. In general, the import price showed a deep slump. The growth pace was the most rapid in 2014 an increase of 183% against the previous year. The import price peaked at $15 per unit in 2015; however, from 2016 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 Switzerland ($2.2 per unit), while the price for Germany ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-3.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for clock movements; complete and assembled, electrically operateds stood at $0.7 per unit in 2022, shrinking by -9% against the previous year. Over the period under review, the export price showed a significant curtailment. The pace of growth was the most pronounced in 2017 when the average export price increased by 181%. The export price peaked at $130 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($0.6 per unit), while the average price for exports to Armenia totaled $0.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+3.4%), while the prices for the other major destinations experienced a decline.

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

Imports of clock movements; complete and assembled, electrically operateds into Russia skyrocketed to 1.4M units in 2022, with an increase of 73% against the previous year. Overall, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of clock movements; complete and assembled, electrically operateds skyrocketed to $1.4M in 2022. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China42518966397531.9%
Czech RepublicN/AN/AN/A1830%
Switzerland220284274121-18.1%
Germany11699.576.281.9-11.0%
Others55.643.536.410.4-42.8%
Total8176161,0491,37218.9%

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

  1. China (854.2K units)
  2. Germany (361.4K units)
  3. Czech Republic (88.3K units)
  4. Switzerland (56.0K units)

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

In 2022, the amount of clock movements; complete and assembled, electrically operateds exported from Russia surged to 56K units, increasing by 23% against 2021 figures. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -7.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. As a result, the exports reached the peak of 60K 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 rose significantly to $38K in 2022. The total export value increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 47% against the previous year. As a result, the exports reached the peak of $42K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1.41.31.330.8180.2%
ArmeniaN/A4.2N/A1.5-40.2%
Belarus25.331.531.2N/A11.0%
Others1.74.71.25.547.9%
Total28.441.833.837.810.0%

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

  1. Kazakhstan (48.3K units)
  2. Armenia (6.1K units)

Source: IndexBox Market Intelligence Platform

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