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

Contents:

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

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

The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $12 per unit in 2022, picking up by 1,569% against the previous year. Overall, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($24 per unit), while the price for China ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $23 per unit, rising by 19% against the previous year. Overall, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 130% against the previous year. The export price peaked at $30 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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 UK ($287 per unit), while the average price for exports to Norway ($12 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 Slovakia (+48.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 2.8K units of clock movements; complete and assembled, other than battery, accumulator or mains powereds were imported into Denmark; falling by -87.8% on the previous year. Overall, imports, however, recorded a tangible expansion. The pace of growth was the most pronounced in 2021 with an increase of 981%. As a result, imports attained the peak of 23K units, and then declined dramatically in the following year.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds soared to $33K in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 527%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A11.90%
Germany19.70.4N/A11.2-17.2%
United States0.10.11.59.2351.4%
China0.61.111.40.4-12.6%
Others0.41.03.30.3-9.1%
Total20.82.616.232.916.5%

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

  1. France (955.0 units)
  2. China (848.0 units)
  3. Germany (642.0 units)
  4. United States (378.0 units)

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

In 2022, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds from Denmark declined sharply to 595 units, waning by -24.2% compared with 2021 figures. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. Over the period under review, the exports of hit record highs at 835 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds shrank to $13K in 2022. The total export value increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 37% against the previous year. The exports peaked at $15K in 2021, and then declined in the following year.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway5.13.76.26.05.6%
SwitzerlandN/AN/A4.44.3-2.3%
United Kingdom0.1N/A1.32.9207.2%
Hong Kong SAR4.1N/AN/AN/A0%
Greenland0.1N/A0.3N/A73.2%
United StatesN/A9.82.6N/A-73.5%
Others0.60.2N/A0.3-20.6%
Total10.013.714.813.410.2%

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

  1. Norway (499.0 units)
  2. Switzerland (80.0 units)
  3. United Kingdom (10.0 units)
  4. Greenland (1.0 units)

Source: IndexBox Market Intelligence Platform

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