Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Croatia - 2023

Contents:

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

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

In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $2.2 per unit, increasing by 7.8% against the previous year. Overall, the export price, however, faced a dramatic setback. The most prominent rate of growth was recorded in 2020 an increase of 122% against the previous year. The export price peaked at $27 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Slovenia amounted to +3.7% per year.

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

In 2022, the average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $8.2 per unit, declining by -13% against the previous year. Over the period under review, the import price, however, posted a buoyant expansion. The growth pace was the most rapid in 2014 when the average import price increased by 383%. The import price peaked at $9.4 per unit in 2021, and then reduced in the following year.

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 Slovenia ($13 per unit), while the price for the Netherlands amounted to $5.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+28.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, shipments abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds was finally on the rise to reach 1.2K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a noticeable curtailment. Over the period under review, the exports of attained the peak figure at 1.4K 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 soared to $2.7K in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 108% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina1.21.92.02.324.2%
OthersN/A0.70.10.5-15.5%
Total1.22.52.12.731.0%

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

  1. Bosnia and Herzegovina (1231.0 units)

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

In 2022, overseas purchases of clock movements; complete and assembled, other than battery, accumulator or mains powereds decreased by -91.8% to 79 units, falling for the second year in a row after two years of growth. In general, imports showed a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 45%. As a result, imports reached the peak of 1.8K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds shrank rapidly to $645 in 2022. Over the period under review, imports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of $9K, and then reduced markedly in the following year.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands4.12.42.30.3-58.2%
Slovenia0.20.30.30.314.5%
SwitzerlandN/A0.36.3N/A2000.0%
ChinaN/A0.2N/AN/A0%
AustriaN/A0.4N/AN/A0%
Italy0.20.2N/AN/A0.0%
Others0.11.50.1N/A0.0%
Total4.65.49.00.6-49.3%

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

  1. Netherlands (51.0 units)
  2. Slovenia (26.0 units)

Source: IndexBox Market Intelligence Platform

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