Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Italy - 2023
Contents:
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Italy (FOB) - 2022
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Italy (CIF) - 2022
- Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Italy
- Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Italy
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Italy (FOB) - 2022
The average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $40 per unit in 2022, shrinking by -25.7% against the previous year. In general, the export price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2013 an increase of 39% against the previous year. The export price peaked at $101 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($180 per unit), while the average price for exports to Hong Kong SAR ($19 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 Spain (+9.8%), 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 Italy (CIF) - 2022
The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $2.8 per unit in 2022, picking up by 29% against the previous year. Overall, the import price saw noticeable growth. The pace of growth was the most pronounced in 2017 an increase of 116%. Over the period under review, average import prices reached the maximum at $3.5 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($96 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 Switzerland (+27.8%), 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 Italy
In 2022, the amount of clock movements; complete and assembled, other than battery, accumulator or mains powereds exported from Italy soared to 52K units, growing by 25% compared with 2021. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 63% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds declined to $2.1M in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 82% against the previous year. As a result, the exports attained the peak of $2.3M, and then contracted in the following year.
| Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 56.2 | 245 | 508 | 875 | 149.7% |
| Netherlands | 87.5 | 79.5 | 111 | 219 | 35.8% |
| United Kingdom | 280 | 90.2 | 380 | 217 | -8.1% |
| Switzerland | 115 | 88.5 | 116 | 133 | 5.0% |
| Germany | 182 | 148 | 117 | 103 | -17.3% |
| France | 193 | 230 | 234 | 71.8 | -28.1% |
| Spain | 34.8 | 18.3 | 60.8 | 2.7 | -57.3% |
| Others | 195 | 349 | 742 | 494 | 36.3% |
| Total | 1,143 | 1,249 | 2,269 | 2,116 | 22.8% |
Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from Italy in 2022:
- Hong Kong SAR (46.0K units)
- United Kingdom (1.7K units)
- Netherlands (1.4K units)
- Switzerland (1.0K units)
- France (0.8K units)
- Germany (0.6K units)
Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Italy
In 2022, after three years of growth, there was significant decline in overseas purchases of clock movements; complete and assembled, other than battery, accumulator or mains powereds, when their volume decreased by -38.1% to 168K units. Overall, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 93% against the previous year. Over the period under review, imports of attained the peak figure at 272K units in 2021, and then contracted rapidly in the following year.
In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds declined notably to $465K in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 22% against the previous year. Over the period under review, imports of reached the maximum at $584K in 2021, and then declined sharply in the following year.
| Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 246 | 165 | 246 | 171 | -11.4% |
| China | 61.5 | 110 | 149 | 96.1 | 16.0% |
| Spain | N/A | 5.8 | 2.3 | 75.0 | 259.6% |
| United States | N/A | 106 | N/A | N/A | 0% |
| Others | 94.0 | 104 | 186 | 123 | 9.4% |
| Total | 401 | 490 | 584 | 465 | 5.1% |
Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to Italy in 2022:
- China (134.3K units)
- Japan (24.9K units)
- Spain (6.2K units)
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