Price for Clock Movements; Complete and Assembled in Norway - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Norway (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Norway (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Norway
- Exports of Clock Movements; Complete and Assembled in Norway
Price for Clock Movements; Complete and Assembled in Norway (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $16 per unit in 2022, dropping by -31.1% against the previous year. In general, the import price, however, continues to indicate measured growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 178%. As a result, import price attained the peak level of $50 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($218 per unit), while the price for Bangladesh ($4.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled in Norway (FOB) - 2022
The average export price for clock movements; complete and assembleds stood at $26 per unit in 2022, almost unchanged from the previous year. In general, the export price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2016 an increase of 184% against the previous year. As a result, the export price attained the peak level of $87 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($137 per unit), while the average price for exports to the UK ($6.6 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 Japan (+59.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled in Norway
In 2022, clock movements; complete and assembled imports into Norway soared to 18K units, growing by 325% against the previous year. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, clock movements; complete and assembled imports surged to $301K in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 223% against the previous year. As a result, imports reached the peak of $377K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Clock Movements; Complete and Assembled in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 0.2 | 0.3 | N/A | 82.7 | 645.0% |
| China | 12.6 | 16.1 | 4.6 | 79.0 | 84.4% |
| Germany | 52.3 | 31.3 | 25.5 | 38.5 | -9.7% |
| Switzerland | 2.2 | 213 | 6.5 | 30.1 | 139.2% |
| Bangladesh | 2.6 | 0.3 | 1.0 | 5.3 | 26.8% |
| Philippines | 23.7 | N/A | N/A | N/A | 0% |
| Others | 23.2 | 116 | 65.4 | 65.5 | 41.3% |
| Total | 117 | 377 | 103 | 301 | 37.0% |
Top Suppliers of Clock Movements; Complete and Assembled to Norway in 2022:
- China (10.9K units)
- Germany (3.0K units)
- Taiwan (Chinese) (2.0K units)
- Bangladesh (1.2K units)
- Switzerland (0.4K units)
Exports of Clock Movements; Complete and Assembled in Norway
After three years of growth, overseas shipments of clock movements; complete and assembleds decreased by -98.1% to 54 units in 2022. In general, exports faced a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 809%. As a result, the exports reached the peak of 2.8K units, and then plummeted in the following year.
In value terms, clock movements; complete and assembled exports reduced sharply to $1.4K in 2022. Overall, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 302% against the previous year. As a result, the exports attained the peak of $74K, and then dropped notably in the following year.
| Export of Clock Movements; Complete and Assembled in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | 0.7 | 3.8 | 0.6 | -7.4% |
| United Arab Emirates | N/A | N/A | N/A | 0.5 | 0% |
| United Kingdom | N/A | N/A | N/A | 0.3 | 0% |
| Denmark | N/A | 2.5 | 59.8 | N/A | 2292.0% |
| Switzerland | 4.0 | 12.8 | N/A | N/A | 220.0% |
| Italy | N/A | N/A | 1.8 | N/A | 0% |
| Afghanistan | 0.2 | N/A | N/A | N/A | 0% |
| Others | 1.7 | 2.4 | 8.2 | N/A | 119.6% |
| Total | 5.9 | 18.3 | 73.6 | 1.4 | -38.1% |
Top Export Markets for Clock Movements; Complete and Assembled from Norway in 2022:
- United Kingdom (40.0 units)
- Sweden (10.0 units)
- United Arab Emirates (4.0 units)
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