Price for Clock Movements; Complete and Assembled in Kazakhstan - 2021

Contents:

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

Price for Clock Movements; Complete and Assembled in Kazakhstan (CIF) - 2022

The average import price for clock movements; complete and assembleds stood at $40 per unit in 2022, falling by -42.8% against the previous year. Overall, the import price saw a pronounced slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 114% against the previous year. Over the period under review, average import prices reached the maximum at $107 per unit in 2014; however, from 2015 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 China ($46 per unit), while the price for Russia ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.0%).

Price for Clock Movements; Complete and Assembled in Kazakhstan (FOB) - 2022

The average export price for clock movements; complete and assembleds stood at $18 per unit in 2022, waning by -10.9% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2019 an increase of 63%. As a result, the export price reached the peak level of $39 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -6.2% per year.

Imports of Clock Movements; Complete and Assembled in Kazakhstan

For the fourth year in a row, Kazakhstan recorded growth in overseas purchases of clock movements; complete and assembleds, which increased by 26% to 1.6K units in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 392% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, clock movements; complete and assembled imports dropped sharply to $65K in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 503%. Over the period under review, imports attained the peak figure at $90K in 2021, and then plummeted in the following year.

Import of Clock Movements; Complete and Assembled in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A17.362.657.382.0%
South AfricaN/AN/AN/A2.90%
Russia0.30.61.11.571.0%
SwitzerlandN/A11.1N/AN/A0%
United States0.82.14.1N/A126.4%
Others6.112.022.53.6-16.1%
Total7.143.090.365.3109.5%

Top Suppliers of Clock Movements; Complete and Assembled to Kazakhstan in 2022:

  1. China (1238.0 units)
  2. Russia (81.0 units)
  3. South Africa (63.0 units)

Exports of Clock Movements; Complete and Assembled in Kazakhstan

In 2022, approx. 5 units of clock movements; complete and assembleds were exported from Kazakhstan; increasing by 25% compared with the previous year. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.6% 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 -16.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 100% against the previous year. As a result, the exports reached the peak of 6 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, clock movements; complete and assembled exports rose markedly to $88 in 2022. In general, exports, however, saw a abrupt decrease. The exports peaked at $118 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Clock Movements; Complete and Assembled in Kazakhstan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2.097.079.088.0253.0%
Germany58.0N/AN/AN/A0%
Others58.0N/AN/AN/A0%
Total11897.079.088.0-9.3%

Top Export Markets for Clock Movements; Complete and Assembled from Kazakhstan in 2022:

  1. Russia (5.0 units)

Source: IndexBox Market Intelligence Platform

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