Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Japan - 2022

Contents:

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

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

The average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $644 per unit in 2022, rising by 1,735% against the previous year. Overall, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +32.8% per year.

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

In 2022, the average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $14 per unit, picking up by 9% against the previous year. In general, the import price, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by 23% against the previous year. As a result, import price attained the peak level of $24 per unit. From 2014 to 2022, the average 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 Germany ($30 per unit), while the price for China totaled $10 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+29.3%), 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 Japan

For the third consecutive year, Japan recorded decline in shipments abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds, which decreased by -65.5% to 20 units in 2022. Overall, exports recorded a dramatic setback. The smallest decline of -32.6% was in 2021. Over the period under review, the exports of attained the maximum at 689 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds surged to $13K in 2022. Over the period under review, exports showed a dramatic slump. Over the period under review, the exports of attained the maximum at $83K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam11.80.1N/A12.93.0%
United Kingdom2.90.30.1N/A-81.4%
Kuwait0.8N/AN/AN/A0%
Italy50.03.11.1N/A-85.2%
Others17.23.40.8N/A-78.4%
Total82.77.02.012.9-46.2%

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

  1. Vietnam (20.0 units)

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

In 2022, overseas purchases of clock movements; complete and assembled, other than battery, accumulator or mains powereds decreased by -85.5% to 571 units, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a buoyant expansion. The growth pace was the most rapid in 2020 when imports increased by 1,046%. As a result, imports reached the peak of 5.6K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds shrank significantly to $8K in 2022. In general, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 798% against the previous year. As a result, imports attained the peak of $89K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.626.12.24.697.2%
Germany0.71.02.43.367.7%
United Kingdom0.614.111.1N/A330.1%
CambodiaN/AN/A4.1N/A0%
Netherlands0.83.21.3N/A27.5%
United States2.011.79.9N/A122.5%
Others5.333.419.4N/A91.3%
Total10.089.450.48.0-7.2%

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

  1. China (460.0 units)
  2. Germany (111.0 units)

Source: IndexBox Market Intelligence Platform

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