Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Germany - 2023
Contents:
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Germany (FOB) - 2023
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Germany (CIF) - 2022
- Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Germany
- Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Germany
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Germany (FOB) - 2023
In November 2023, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $141 per unit, picking up by 41% against the previous month. In general, export price indicated a pronounced expansion from November 2022 to November 2023: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds increased by +48.0% against September 2023 indices. The growth pace was the most rapid in May 2023 an increase of 79% m-o-m. As a result, the export price reached the peak level of $183 per unit. From June 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($414 per unit), while the average price for exports to France ($49.9 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Germany (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $5.2 per unit, rising by 8.8% against the previous year. In general, the import price, however, saw a pronounced decrease. The growth pace was the most rapid in 2021 an increase of 57%. The import price peaked at $8.5 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 the UK ($37 per unit), while the price for Italy ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Germany
In 2022, approx. 55K units of clock movements; complete and assembled, other than battery, accumulator or mains powereds were exported from Germany; rising by 25% against the year before. The total export volume increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained 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 soared to $7.2M in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.5 | 2.6 | 4.6 | 5.0 | 26.0% |
| China | 1.0 | 0.7 | 1.0 | 1.5 | 14.5% |
| United Kingdom | N/A | N/A | 0.2 | 0.3 | 50.0% |
| France | N/A | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Total | 3.9 | 3.7 | 6.0 | 7.2 | 22.7% |
Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from Germany in 2022:
- United States (39.0K units)
- China (9.1K units)
- United Kingdom (2.5K units)
- France (0.8K units)
Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Germany
Imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds into Germany rose slightly to 209K units in 2022, increasing by 1.6% on 2021 figures. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 26%. As a result, imports attained the peak of 226K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds expanded notably to $1.1M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 30.6 | 75.5 | 287 | 535 | 159.5% |
| Italy | 208 | 353 | 289 | 252 | 6.6% |
| United Kingdom | 3.9 | 0.1 | 92.5 | 148 | 236.0% |
| China | 58.6 | 42.5 | 46.9 | 50.4 | -4.9% |
| Others | 488 | 215 | 259 | 91.9 | -42.7% |
| Total | 789 | 685 | 975 | 1,077 | 10.9% |
Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to Germany in 2022:
- Italy (137.5K units)
- South Korea (40.1K units)
- China (19.9K units)
- United Kingdom (4.0K units)
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