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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $1.4 per unit, falling by -55.4% against the previous year. Over the period under review, the import price recorded a deep slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 173%. As a result, import price reached the peak level of $9.4 per unit. From 2021 to 2022, the average import prices remained at a 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 China ($2.3 per unit), while the price for India totaled $0.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-8.2%).

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

In 2022, approx. 1.1K units of clock movements; complete and assembled, other than battery, accumulator or mains powereds were imported into Myanmar; stabilizing at 2021. Over the period under review, imports, however, showed a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 9,427%. Imports peaked at 7K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds fell significantly to $1.5K in 2022. In general, imports, however, faced a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 3,107%. Over the period under review, imports of hit record highs at $24K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A0.61.3116.7%
IndiaN/AN/AN/A0.20%
Thailand24.1N/A2.8N/A-65.9%
OthersN/A0.1N/AN/A0%
Total24.10.13.31.5-60.4%

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

  1. China (558.0 units)
  2. India (500.0 units)

Source: IndexBox Market Intelligence Platform

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