Price for Clock Movements; Complete and Assembled in Luxembourg - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Luxembourg (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Luxembourg (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Luxembourg
- Exports of Clock Movements; Complete and Assembled in Luxembourg
Price for Clock Movements; Complete and Assembled in Luxembourg (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $10 per unit in 2022, shrinking by -7.6% against the previous year. Overall, the import price faced a abrupt shrinkage. The pace of growth was the most pronounced in 2014 an increase of 41%. Over the period under review, average import prices hit record highs at $43 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($29 per unit), while the price for France ($7.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Clock Movements; Complete and Assembled in Luxembourg (FOB) - 2022
The average export price for clock movements; complete and assembleds stood at $127 per unit in 2022, approximately equating the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 1,225% against the previous year. The export price peaked at $167 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($157 per unit), while the average price for exports to France amounted to $35 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+49.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled in Luxembourg
Clock movements; complete and assembled imports into Luxembourg soared to 887 units in 2022, growing by 100% against the year before. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, clock movements; complete and assembled imports soared to $8.9K in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 86% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Clock Movements; Complete and Assembled in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 785 | 226 | 256 | 3,360 | 62.4% |
| Germany | 1,990 | 834 | 706 | 1,987 | -0.1% |
| Portugal | N/A | N/A | N/A | 838 | 0% |
| Bangladesh | 62.0 | N/A | N/A | 811 | 135.6% |
| India | N/A | N/A | N/A | 394 | 0% |
| China | 268 | 98.0 | N/A | 353 | 9.6% |
| Belgium | 841 | 693 | 215 | 219 | -36.1% |
| Hong Kong SAR | 111 | N/A | N/A | N/A | 0% |
| Denmark | N/A | N/A | 977 | N/A | 0% |
| Others | 762 | 723 | 2,639 | 889 | 5.3% |
| Total | 4,819 | 2,574 | 4,793 | 8,851 | 22.5% |
Top Suppliers of Clock Movements; Complete and Assembled to Luxembourg in 2022:
- France (476.0 units)
- Germany (151.0 units)
- Bangladesh (78.0 units)
- Portugal (43.0 units)
- India (35.0 units)
- Belgium (21.0 units)
- China (12.0 units)
Exports of Clock Movements; Complete and Assembled in Luxembourg
In 2022, overseas shipments of clock movements; complete and assembleds decreased by 0% to 4 units, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2020 when exports increased by 100%. As a result, the exports attained the peak of 24 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, clock movements; complete and assembled exports stood at $507 in 2022. In general, exports showed a deep reduction. The growth pace was the most rapid in 2020 with an increase of 75%. As a result, the exports reached the peak of $1.1K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Clock Movements; Complete and Assembled in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 315 | 789 | N/A | 472 | 14.4% |
| France | N/A | 49.0 | N/A | 35.0 | -15.5% |
| Switzerland | N/A | 224 | N/A | N/A | 0% |
| Germany | 291 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 606 | 1,062 | N/A | 507 | -5.8% |
Top Export Markets for Clock Movements; Complete and Assembled from Luxembourg in 2022:
- Netherlands (3.0 units)
- France (1.0 units)
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