Price for Clock Movements; Complete and Assembled, Electrically Operated in Thailand - 2023
Contents:
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Thailand (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Thailand (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Electrically Operated in Thailand
- Exports of Clock Movements; Complete and Assembled, Electrically Operated in Thailand
Price for Clock Movements; Complete and Assembled, Electrically Operated in Thailand (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $0.7 per unit, growing by 76% against the previous year. Over the period under review, the import price showed a prominent expansion. The growth pace was the most rapid in 2018 an increase of 424% against the previous year. As a result, import price reached the peak level of $2.3 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($1 per unit), while the price for China totaled $0.7 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+17.0%).
Price for Clock Movements; Complete and Assembled, Electrically Operated in Thailand (FOB) - 2022
The average export price for clock movements; complete and assembled, electrically operateds stood at $9.4 per unit in 2022, dropping by -15.6% against the previous year. Overall, the export price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 3,883%. As a result, the export price reached the peak level of $60 per unit. From 2021 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to -28.6% per year.
Imports of Clock Movements; Complete and Assembled, Electrically Operated in Thailand
After three years of growth, supplies from abroad of clock movements; complete and assembled, electrically operateds decreased by -47.1% to 222K units in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 205% against the previous year. Imports peaked at 420K units in 2021, and then fell notably in the following year.
In value terms, imports of clock movements; complete and assembled, electrically operateds contracted to $153K in 2022. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 332% against the previous year. As a result, imports reached the peak of $180K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Clock Movements; Complete and Assembled, Electrically Operated in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.9 | 112 | 139 | 150 | 61.1% |
| Taiwan (Chinese) | N/A | N/A | 13.3 | N/A | 0% |
| Others | 5.7 | 67.9 | 12.1 | 3.8 | -12.6% |
| Total | 41.6 | 180 | 164 | 153 | 54.4% |
Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Thailand in 2022:
- China (221.4K units)
Exports of Clock Movements; Complete and Assembled, Electrically Operated in Thailand
For the fourth consecutive year, Thailand recorded growth in shipments abroad of clock movements; complete and assembled, electrically operateds, which increased by 76% to 6.5K units in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 91,825% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of clock movements; complete and assembled, electrically operateds surged to $61K in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 16,993%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Clock Movements; Complete and Assembled, Electrically Operated in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | 40.4 | 60.2 | 49.0% |
| Others | N/A | 0.2 | 0.5 | 0.6 | 73.2% |
| Total | N/A | 0.2 | 40.9 | 60.8 | 1643.6% |
Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Thailand in 2022:
- Hong Kong SAR (6.5K units)
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