Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Hungary - 2023
Contents:
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Hungary (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Hungary (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Hungary
- Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Hungary
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Hungary (CIF) - 2022
The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $2.4 per unit in 2022, picking up by 65% against the previous year. Over the period under review, the import price saw prominent growth. The growth pace was the most rapid in 2020 an increase of 102% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
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 Germany ($7.8 per unit), while the price for China ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.1%), 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 Hungary (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $50 per unit, increasing by 42% against the previous year. Over the period under review, the export price, however, recorded a sharp reduction. The growth pace was the most rapid in 2016 when the average export price increased by 1,759% against the previous year. Over the period under review, the average export prices hit record highs at $754 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($54 per unit), while the average price for exports to the Czech Republic ($18 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 Italy (+199.4%), 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 Hungary
In 2022, approx. 7.1K units of clock movements; complete and assembled, other than battery, accumulator or mains powereds were imported into Hungary; which is down by -2.2% on 2021. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Over the period under review, imports of hit record highs at 13K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds soared to $17K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | 7.9 | 3.3 | 8.8 | 5.5% |
| China | 5.0 | 0.7 | 4.9 | 1.5 | -33.1% |
| Germany | 2.2 | N/A | N/A | 1.5 | -12.0% |
| Hong Kong SAR | 3.3 | N/A | N/A | N/A | 0% |
| Others | 4.0 | 4.6 | 2.5 | 5.5 | 11.2% |
| Total | 14.5 | 13.2 | 10.7 | 17.3 | 6.1% |
Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to Hungary in 2022:
- Japan (4.7K units)
- China (2.0K units)
- Germany (0.2K units)
Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Hungary
For the third year in a row, Hungary recorded decline in overseas shipments of clock movements; complete and assembled, other than battery, accumulator or mains powereds, which decreased by -72.5% to 22 units in 2022. In general, exports faced a dramatic contraction. The smallest decline of -28.6% was in 2021. The exports peaked at 1.3K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds contracted sharply to $1.1K in 2022. Overall, exports recorded a dramatic setback. The smallest decline of -10.1% was in 2021. Over the period under review, the exports of reached the maximum at $5K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Hungary (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 85.0 | N/A | N/A | 1,070 | 132.6% |
| Croatia | N/A | N/A | 72.0 | 21.0 | -70.8% |
| Czech Republic | N/A | N/A | N/A | 18.0 | 0% |
| France | 335 | 52.0 | 138 | N/A | -35.8% |
| Greece | 146 | 66.0 | 29.0 | N/A | -55.4% |
| Estonia | 106 | 103 | 186 | N/A | 32.5% |
| Italy | 3,930 | 2,684 | 2,312 | N/A | -23.3% |
| Romania | 139 | N/A | N/A | N/A | 0% |
| Others | 235 | 258 | 107 | N/A | -32.5% |
| Total | 4,976 | 3,163 | 2,844 | 1,109 | -39.4% |
Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from Hungary in 2022:
- Germany (20.0 units)
- Croatia (1.0 units)
- Czech Republic (1.0 units)
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