Price for Clock Movements; Complete and Assembled in Kenya - 2022
Contents:
- Price for Clock Movements; Complete and Assembled in Kenya (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Kenya (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Kenya
- Exports of Clock Movements; Complete and Assembled in Kenya
Price for Clock Movements; Complete and Assembled in Kenya (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $17 per unit in 2022, increasing by 12% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 73% against the previous year. As a result, import price reached the peak level of $19 per unit. From 2016 to 2022, the average 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 Switzerland ($153 per unit), while the price for South Africa ($4.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled in Kenya (FOB) - 2022
The average export price for clock movements; complete and assembleds stood at $24 per unit in 2022, with an increase of 47% against the previous year. Overall, the export price, however, recorded a precipitous descent. Over the period under review, the average export prices attained the peak figure at $259 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($90 per unit), while the average price for exports to Rwanda ($1 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 the Netherlands (-11.3%), while the prices for the other major destinations experienced a decline.
Imports of Clock Movements; Complete and Assembled in Kenya
In 2022, clock movements; complete and assembled imports into Kenya dropped markedly to 241 units, falling by -17.5% compared with the previous year. Overall, imports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 9.4%. Imports peaked at 344 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, clock movements; complete and assembled imports reduced to $4.2K in 2022. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Imports peaked at $5.7K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Clock Movements; Complete and Assembled in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 2,638 | 1,784 | 2,241 | 1,381 | -19.4% |
| United Arab Emirates | 32.0 | 49.0 | 16.0 | 1,221 | 236.7% |
| United Kingdom | 1.0 | 18.0 | 8.0 | 794 | 826.0% |
| China | 1,373 | 1,328 | 1,586 | 255 | -42.9% |
| France | 261 | 390 | 420 | 220 | -5.5% |
| South Africa | 5.0 | 30.0 | 51.0 | 149 | 210.0% |
| India | 52.0 | 157 | 14.0 | 9.0 | -44.3% |
| Others | 1,292 | 60.0 | 149 | 121 | -54.6% |
| Total | 5,654 | 3,816 | 4,485 | 4,150 | -9.8% |
Top Suppliers of Clock Movements; Complete and Assembled to Kenya in 2022:
- United Arab Emirates (76.0 units)
- United Kingdom (63.0 units)
- China (50.0 units)
- South Africa (34.0 units)
- Switzerland (9.0 units)
- France (5.0 units)
- India (1.0 units)
Exports of Clock Movements; Complete and Assembled in Kenya
In 2022, shipments abroad of clock movements; complete and assembleds decreased by -20% to 4 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a abrupt contraction. The smallest decline of -16.7% was in 2020. The exports peaked at 6 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, clock movements; complete and assembled exports skyrocketed to $94 in 2022. Overall, exports showed a precipitous decline. Over the period under review, the exports hit record highs at $611 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Clock Movements; Complete and Assembled in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 565 | 102 | 75.0 | 90.0 | -45.8% |
| Tanzania | 25.0 | 4.0 | 2.0 | 2.0 | -56.9% |
| Rwanda | 17.0 | 2.0 | 1.0 | 1.0 | -61.1% |
| Uganda | 3.0 | 1.0 | 1.0 | 1.0 | -30.7% |
| Zambia | N/A | N/A | 1.0 | N/A | 0% |
| Ethiopia | N/A | 1.0 | N/A | N/A | 0% |
| Others | 1.0 | N/A | N/A | N/A | 0% |
| Total | 611 | 110 | 80.0 | 94.0 | -46.4% |
Top Export Markets for Clock Movements; Complete and Assembled from Kenya in 2022:
- Tanzania (1.0 units)
- Rwanda (1.0 units)
- Netherlands (1.0 units)
- Uganda (1.0 units)
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