Price for Clock Movements; Complete and Assembled in Estonia - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Estonia (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Estonia (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Estonia
- Exports of Clock Movements; Complete and Assembled in Estonia
Price for Clock Movements; Complete and Assembled in Estonia (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $5.3 per unit in 2022, surging by 120% against the previous year. In general, the import price, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 295% against the previous year. The import price peaked at $10 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 France ($12 per unit), while the price for Italy ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled in Estonia (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembleds amounted to $3.6 per unit, which is down by -52.6% against the previous year. In general, the export price saw a deep setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 5,677% against the previous year. As a result, the export price attained the peak level of $433 per unit. From 2018 to 2022, the average 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 Switzerland ($35 per unit), while the average price for exports to Latvia ($1.7 per unit) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+491.2%), while the prices for the other major destinations experienced a decline.
Imports of Clock Movements; Complete and Assembled in Estonia
In 2022, purchases abroad of clock movements; complete and assembleds decreased by -42.9% to 3.6K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 186% against the previous year. As a result, imports attained the peak of 6.2K units, and then fell remarkably in the following year.
In value terms, clock movements; complete and assembled imports skyrocketed to $19K in 2022. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 88% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Clock Movements; Complete and Assembled in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | 0.4 | 1.2 | 9.1 | 377.0% |
| Germany | N/A | 5.0 | 0.6 | 4.6 | -4.1% |
| Netherlands | N/A | 0.3 | 2.0 | 2.0 | 158.2% |
| China | 0.5 | 2.0 | 0.6 | 1.7 | 50.4% |
| Poland | 0.3 | N/A | 0.3 | 0.8 | 38.7% |
| Italy | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Spain | 6.7 | N/A | N/A | N/A | 0% |
| Hungary | N/A | N/A | 9.5 | N/A | 0% |
| Others | 2.8 | 0.2 | 0.6 | 0.6 | -40.2% |
| Total | 10.5 | 8.0 | 15.0 | 18.8 | 21.4% |
Top Suppliers of Clock Movements; Complete and Assembled to Estonia in 2022:
- Finland (1392.0 units)
- China (739.0 units)
- Germany (514.0 units)
- Poland (463.0 units)
- Netherlands (325.0 units)
- Italy (69.0 units)
Exports of Clock Movements; Complete and Assembled in Estonia
In 2022, exports of clock movements; complete and assembleds from Estonia surged to 65 units, increasing by 103% on the year before. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 933% against the previous year. As a result, the exports attained the peak of 186 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, clock movements; complete and assembled exports reduced slightly to $235 in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 23,607% against the previous year. As a result, the exports attained the peak of $3.3K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Clock Movements; Complete and Assembled in Estonia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | N/A | N/A | 85.0 | 0% |
| Latvia | 13.0 | 464 | 67.0 | 72.0 | 76.9% |
| Switzerland | 1.0 | N/A | N/A | 69.0 | 310.2% |
| Lithuania | N/A | N/A | 10.0 | 9.0 | -10.0% |
| Russia | N/A | 2,746 | N/A | N/A | 0% |
| Others | N/A | 109 | 167 | N/A | 53.2% |
| Total | 14.0 | 3,319 | 244 | 235 | 156.0% |
Top Export Markets for Clock Movements; Complete and Assembled from Estonia in 2022:
- Latvia (42.0 units)
- Finland (18.0 units)
- Lithuania (3.0 units)
- Switzerland (2.0 units)
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