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

Contents:

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

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

The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $6.5 per unit in 2022, which is down by -68.7% against the previous year. In general, the import price showed a deep contraction. The growth pace was the most rapid in 2021 when the average import price increased by 449%. The import price peaked at $51 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($18 per unit), while the price for China ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $23 per unit, jumping by 146% against the previous year. In general, the export price, however, faced a deep setback. The growth pace was the most rapid in 2017 when the average export price increased by 4,443% against the previous year. As a result, the export price attained the peak level of $636 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($58 per unit), while the average price for exports to Poland stood at $6 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+21.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds into Slovakia soared to 529 units, increasing by 1,789% compared with the year before. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds soared to $3.4K in 2022. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 556% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Slovakia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/A50.02,0463992.0%
China18.0N/AN/A719241.8%
Czech Republic23.019.0285500179.1%
GermanyN/A12482.0116-3.3%
Hong Kong SARN/A95.0N/AN/A0%
OthersN/A31.016558.036.8%
Total41.02695823,439337.7%

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

  1. China (365.0 units)
  2. Switzerland (123.0 units)
  3. Czech Republic (28.0 units)
  4. Germany (6.0 units)

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

In 2022, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds from Slovakia surged to 15 units, rising by 650% compared with the previous year. Overall, exports, however, recorded a dramatic decrease. Over the period under review, the exports of hit record highs at 755 units in 2020; however, from 2021 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 soared to $351 in 2022. Over the period under review, exports, however, recorded a sharp setback. The exports peaked at $4.9K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Slovakia (USD)
COUNTRY202020212022CAGR,
2020-2022
Czech Republic1,612N/A291-57.5%
Poland1,95419.060.0-82.5%
Hungary1,286N/AN/A0%
Others9.0N/AN/A0%
Total4,86119.0351-73.1%

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

  1. Poland (10.0 units)
  2. Czech Republic (5.0 units)

Source: IndexBox Market Intelligence Platform

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