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

Contents:

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

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

The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $3.7 per unit in 2022, falling by -23.8% against the previous year. In general, the import price saw a deep contraction. The pace of growth appeared the most rapid in 2015 an increase of 43% against the previous year. The import price peaked at $21 per unit in 2016; however, from 2017 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 Germany ($24 per unit), while the price for India ($2.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), 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 Kenya (FOB) - 2022

In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $18 per unit, declining by -95.7% against the previous year. Overall, the export price recorded a perceptible setback. The growth pace was the most rapid in 2013 when the average export price increased by 489%. Over the period under review, the average export prices hit record highs at $417 per unit in 2021, and then shrank notably in the following year.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Ethiopia amounted to +43.6% per year.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds, when their volume decreased by -89.9% to 188 units. In general, imports showed a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 186% against the previous year. Over the period under review, imports of hit record highs at 1.9K units in 2021, and then shrank rapidly in the following year.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds reduced notably to $694 in 2022. Overall, imports recorded a sharp slump. The pace of growth appeared the most rapid in 2020 with an increase of 49%. Over the period under review, imports of reached the maximum at $9.1K in 2021, and then fell rapidly in the following year.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.20.2N/A0.314.5%
China1.33.24.00.3-38.7%
Germany0.40.2N/A0.1-37.0%
Switzerland1.62.01.6N/A0.0%
France1.10.91.2N/A4.4%
United Arab Emirates0.41.01.6N/A100.0%
Others0.20.20.5N/A58.1%
Total5.27.89.10.7-48.7%

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

  1. India (108.0 units)
  2. China (77.0 units)
  3. Germany (3.0 units)

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

Exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds from Kenya contracted notably to 4 units in 2022, waning by -50% on the previous year's figure. Overall, exports showed a sharp curtailment. The smallest decline of -11.1% was in 2021. The exports peaked at 9 units in 2020; however, from 2021 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 reduced remarkably to $71 in 2022. Over the period under review, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 17% against the previous year. The exports peaked at $3.3K in 2021, and then shrank sharply in the following year.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'IvoireN/AN/AN/A71.00%
Uganda14.016.017.0N/A10.2%
Rwanda67.045.014.0N/A-54.3%
Ethiopia6.05.026.0N/A108.2%
Tanzania103104103N/A0.0%
Netherlands2,2362,6753,157N/A18.8%
OthersN/AN/A17.0N/A0%
Total2,4262,8453,33471.0-69.2%

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

  1. Cote d'Ivoire (4.0 units)

Source: IndexBox Market Intelligence Platform

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