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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $1.7 per unit, falling by -62.4% against the previous year. Overall, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2013 an increase of 244%. As a result, import price reached the peak level of $19 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($6.7 per unit), while the price for Italy ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), 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 Estonia (FOB) - 2022

The average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $1.3 per unit in 2022, with a decrease of -70% against the previous year. Overall, the export price saw a deep reduction. The pace of growth was the most pronounced in 2017 an increase of 24,625%. As a result, the export price attained the peak level of $816 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

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

From 2015 to 2022, the rate of growth in terms of prices for Sweden amounted to +2.1% per year.

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

In 2022, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds into Estonia surged to 904 units, with an increase of 146% on the previous year's figure. Overall, imports posted significant growth. As a result, imports reached 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 shrank to $1.5K in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 187%. As a result, imports reached the peak of $2.1K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A25244972269.3%
Poland233N/AN/A43823.4%
FinlandN/A83.0N/A32196.7%
Italy10710416662.0-16.6%
China330145N/AN/A-56.1%
Germany45.01,494520N/A239.9%
Others10.0N/A531N/A628.7%
Total7252,0781,6661,54328.6%

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

  1. Poland (473.0 units)
  2. Netherlands (312.0 units)
  3. Italy (71.0 units)
  4. Finland (48.0 units)

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

In 2022, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds from Estonia surged to 57 units, jumping by 19% against 2021 figures. The total export volume increased at an average annual rate of +13.8% over the period from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds contracted rapidly to $72 in 2022. Overall, exports, however, continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, the exports reached the peak of $202, and then fell markedly in the following year.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Estonia (USD)
COUNTRY202020212022CAGR,
2020-2022
Latvia46.035.072.025.1%
Sweden109167N/A53.2%
OthersN/AN/AN/A0%
Total15520272.0-31.8%

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

  1. Latvia (57.0 units)

Source: IndexBox Market Intelligence Platform

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