Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Ecuador - 2022

Contents:

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

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

The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $4.2 per unit in 2022, rising by 298% against the previous year. Overall, the import price saw significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +7.6% per year.

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

In 2022, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds into Ecuador fell rapidly to 757 units, declining by -98.7% compared with the previous year. In general, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 18,446%. As a result, imports reached the peak of 57K units, and then reduced rapidly in the following year.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds shrank notably to $3.2K in 2022. Over the period under review, imports faced a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 7,354%. As a result, imports reached the peak of $61K, and then reduced remarkably in the following year.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.30.744.03.235.0%
Germany1.10.12.9N/A62.4%
ThailandN/AN/A0.9N/A0%
Switzerland0.3N/A0.3N/A0.0%
China1.9N/A12.1N/A152.4%
Others0.6N/A0.7N/A8.0%
Total5.30.860.93.2-15.5%

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

  1. United States (755.0 units)

Source: IndexBox Market Intelligence Platform

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