Price for Clock Movements; Complete and Assembled in Finland - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Finland (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Finland (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Finland
- Exports of Clock Movements; Complete and Assembled in Finland
Price for Clock Movements; Complete and Assembled in Finland (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembleds amounted to $1.5 per unit, declining by -53.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 53% against the previous year. The import price peaked at $4.5 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 the Netherlands ($19 per unit), while the price for Hong Kong SAR ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled in Finland (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembleds amounted to $1 per unit, falling by -92.5% against the previous year. In general, the export price saw a significant contraction. The most prominent rate of growth was recorded in 2019 an increase of 898% against the previous year. The export price peaked at $101 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($2.1 per unit), while the average price for exports to Kazakhstan ($0.2 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 Turkey (+57.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Clock Movements; Complete and Assembled in Finland
In 2022, the amount of clock movements; complete and assembleds imported into Finland skyrocketed to 43K units, growing by 29% on 2021 figures. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 93% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, clock movements; complete and assembled imports shrank notably to $63K in 2022. Over the period under review, imports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Over the period under review, imports hit record highs at $108K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Clock Movements; Complete and Assembled in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 19.5 | 3.5 | 8.6 | 24.5 | 7.9% |
Germany | 12.9 | 13.7 | 20.7 | 20.7 | 17.1% |
Hong Kong SAR | 12.7 | 6.0 | 11.0 | 12.9 | 0.5% |
Others | 63.1 | 55.0 | 64.1 | 5.2 | -56.5% |
Total | 108 | 78.2 | 104 | 63.3 | -16.3% |
Top Suppliers of Clock Movements; Complete and Assembled to Finland in 2022:
- China (17.7K units)
- Hong Kong SAR (17.4K units)
- Germany (8.1K units)
Exports of Clock Movements; Complete and Assembled in Finland
In 2022, after two years of decline, there was significant growth in shipments abroad of clock movements; complete and assembleds, when their volume increased by 60% to 1.4K units. Over the period under review, exports, however, showed a abrupt decline. The exports peaked at 1.8K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, clock movements; complete and assembled exports declined rapidly to $1.4K in 2022. Overall, exports, however, recorded a significant decline. The smallest decline of -44.7% was in 2021. Over the period under review, the exports attained the peak figure at $53K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Clock Movements; Complete and Assembled in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 0.7 | 0.2 | 1.2 | 0.5 | -10.6% |
Kazakhstan | N/A | N/A | N/A | 0.2 | 0% |
Sweden | 0.4 | 0.2 | 0.1 | 0.1 | -37.0% |
Switzerland | N/A | N/A | N/A | 0.1 | 0% |
Russia | 31.8 | 2.6 | 10.1 | N/A | -43.6% |
Ukraine | 19.6 | 18.0 | N/A | N/A | -8.2% |
Others | 0.2 | 0.1 | 0.3 | 0.5 | 35.7% |
Total | 52.7 | 21.1 | 11.7 | 1.4 | -70.2% |
Top Export Markets for Clock Movements; Complete and Assembled from Finland in 2022:
- Kazakhstan (1000.0 units)
- Estonia (258.0 units)
- Switzerland (56.0 units)
- Sweden (48.0 units)
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