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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $63 per unit, rising by 16% against the previous year. In general, the import price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 an increase of 81% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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 Brazil ($67 per unit), while the price for Bulgaria ($3.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for clock movements; complete and assembled, electrically operateds stood at $3.9 per unit in 2022, flattening at the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 6.2% against the previous year. The export price peaked at $12 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Switzerland ($6.7 per unit), while the average price for exports to Germany ($1.3 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 Switzerland (-7.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of clock movements; complete and assembled, electrically operateds decreased by -28.4% to 121 units, falling for the second consecutive year after two years of growth. In general, imports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 290% against the previous year. As a result, imports reached the peak of 456 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of clock movements; complete and assembled, electrically operateds contracted rapidly to $7.6K in 2022. Over the period under review, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 268%. As a result, imports reached the peak of $21K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil0.64.41.45.3106.7%
Switzerland0.90.80.61.210.1%
France0.10.90.91.1122.4%
BulgariaN/AN/AN/AN/A0%
Germany1.40.90.3N/A-53.7%
Croatia0.63.71.2N/A41.4%
Hungary0.61.81.2N/A41.4%
PolandN/A1.90.4N/A-78.9%
Czech Republic0.51.10.6N/A9.5%
Netherlands0.51.7N/AN/A240.0%
Turkey0.12.21.3N/A260.6%
Others0.31.31.4N/A116.0%
Total5.620.79.27.610.7%

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

  1. Brazil (78.0 units)
  2. Switzerland (21.0 units)
  3. France (17.0 units)
  4. Bulgaria (5.0 units)

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

In 2022, overseas shipments of clock movements; complete and assembled, electrically operateds decreased by -18.2% to 840 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,012% against the previous year. Over the period under review, the exports of reached the maximum at 1K units in 2021, and then fell notably in the following year.

In value terms, exports of clock movements; complete and assembled, electrically operateds fell notably to $3.3K in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 542% against the previous year. Over the period under review, the exports of hit record highs at $4.1K in 2021, and then fell remarkably in the following year.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Serbia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland3731,8913,0762,63191.8%
Germany5.0311805554380.3%
Bosnia and Herzegovina13.087.0179123111.5%
FranceN/A240N/AN/A0%
Others5.015.011.0N/A48.3%
Total3962,5444,0713,308102.9%

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

  1. Germany (419.0 units)
  2. Switzerland (390.0 units)
  3. Bosnia and Herzegovina (31.0 units)

Source: IndexBox Market Intelligence Platform

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