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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $8.6 per unit, increasing by 56% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 1,610%. As a result, import price attained the peak level of $24 per unit. From 2016 to 2022, the average import prices remained at a somewhat 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 Netherlands ($20 per unit), while the price for China ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.0%), 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 Greece (FOB) - 2022

In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $2.3 per unit, shrinking by -47.8% against the previous year. Over the period under review, the export price showed a deep downturn. The pace of growth was the most pronounced in 2013 an increase of 1,935%. Over the period under review, the average export prices attained the peak figure at $240 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($11 per unit), while the average price for exports to Poland ($0.1 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 Bulgaria (-0.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds decreased by -20.1% to 16K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 266%. As a result, imports attained the peak of 20K units, and then fell remarkably in the following year.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds soared to $140K in 2022. In general, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 955%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.3N/A63.173.1524.6%
LuxembourgN/AN/A13.818.231.9%
Italy2.30.811.215.287.7%
Netherlands91.7N/A0.68.6-54.6%
ChinaN/A8.70.28.5-1.2%
SpainN/AN/A14.4N/A0%
DenmarkN/AN/A4.0N/A0%
Czech RepublicN/AN/A3.3N/A0%
Others0.51.11.616.3219.5%
Total94.810.611214013.9%

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

  1. China (7.4K units)
  2. Germany (3.7K units)
  3. Luxembourg (2.8K units)
  4. Italy (1.9K units)
  5. Netherlands (0.4K units)

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

In 2022, the amount of clock movements; complete and assembled, other than battery, accumulator or mains powereds exported from Greece surged to 11K units, growing by 1,932% on the year before. In general, exports posted significant growth. 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 skyrocketed to $25K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CyprusN/AN/A2.110.2385.7%
BulgariaN/AN/AN/A3.90%
PolandN/AN/AN/A0.80%
ItalyN/AN/A0.30.1-66.7%
Others1.9N/AN/A10.174.5%
Total1.9N/A2.425.2136.7%

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

  1. Poland (9.5K units)
  2. Cyprus (0.9K units)
  3. Bulgaria (0.5K units)
  4. Italy (0.3K units)

Source: IndexBox Market Intelligence Platform

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