Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Canada - 2024

Contents:

  1. Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Canada (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Canada (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Canada
  4. Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Canada

Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Canada (CIF) - 2022

In 2022, the average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $6.2 per unit, rising by 3.2% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 84% against the previous year. The import price peaked at $36 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Germany ($49 per unit), while the price for Turkey ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.6%), while the prices for the other major suppliers experienced a decline.

Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Canada (FOB) - 2022

The average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $9.3 per unit in 2022, jumping by 34% against the previous year. In general, the export price recorded strong growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 124%. The export price peaked at $19 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($25 per unit), while the average price for exports to the United States ($6.8 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 United States (+3.1%).

Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Canada

In 2022, the amount of clock movements; complete and assembled, other than battery, accumulator or mains powereds imported into Canada soared to 39K units, with an increase of 152% compared with the previous year's figure. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds skyrocketed to $246K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10910843.1104-1.6%
China17.677.730.053.444.8%
Germany24.35.87.739.918.0%
Taiwan (Chinese)16.414.0N/A13.7-5.8%
Switzerland60.14.44.712.3-41.1%
India0.81.2N/A7.1107.0%
EgyptN/AN/AN/A3.50%
TurkeyN/AN/AN/A2.50%
Others16.53.99.09.4-17.1%
Total24421594.42460.3%

Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to Canada in 2022:

  1. China (16.1K units)
  2. United States (12.6K units)
  3. Taiwan (Chinese) (3.2K units)
  4. Egypt (2.5K units)
  5. Turkey (2.0K units)
  6. India (1.0K units)
  7. Germany (0.8K units)
  8. Switzerland (0.6K units)

Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Canada

In 2022, the amount of clock movements; complete and assembled, other than battery, accumulator or mains powereds exported from Canada skyrocketed to 1.7K units, rising by 442% compared with the year before. In general, exports, however, recorded a dramatic contraction. Over the period under review, the exports of hit record highs at 12K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds skyrocketed to $16K in 2022. Over the period under review, exports, however, showed a dramatic curtailment. Over the period under review, the exports of attained the peak figure at $79K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States74.0N/A2.110.0-48.7%
Macao SARN/AN/AN/A3.00%
Hong Kong SARN/AN/AN/A2.80%
France4.8N/AN/AN/A0%
OthersN/AN/A0.1N/A0%
Total78.8N/A2.215.8-41.5%

Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from Canada in 2022:

  1. United States (1460.0 units)
  2. Macao SAR (121.0 units)
  3. Hong Kong SAR (114.0 units)

Source: IndexBox Market Intelligence Platform

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