Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Sri Lanka - 2022
Contents:
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Sri Lanka (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Sri Lanka (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Sri Lanka
- Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Sri Lanka
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Sri Lanka (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $108 per unit, reducing by -36.9% against the previous year. Over the period under review, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 89% against the previous year. The import price peaked at $299 per unit in 2013; however, from 2014 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 China ($158 per unit), while the price for India ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.2%), 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 Sri Lanka (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $2.9 per unit, shrinking by -96.8% against the previous year. Over the period under review, the export price recorded a sharp decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 80%. Over the period under review, the average export prices reached the peak figure at $155 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($11 per unit), while the average price for exports to the United Arab Emirates totaled $0.8 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+14.6%), while the prices for the other major destinations experienced a decline.
Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Sri Lanka
Imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds into Sri Lanka dropped dramatically to 43 units in 2022, which is down by -68.8% against the previous year. In general, imports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. Imports peaked at 144 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds dropped dramatically to $4.6K in 2022. Over the period under review, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 79%. As a result, imports attained the peak of $24K, and then shrank significantly in the following year.
| Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.6 | 10.5 | 20.8 | 4.1 | -24.7% |
| Germany | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
| Hong Kong SAR | 1.1 | 0.3 | N/A | N/A | -72.7% |
| India | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Others | 1.5 | 2.0 | 2.5 | N/A | 29.1% |
| Total | 12.4 | 13.2 | 23.7 | 4.6 | -28.1% |
Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to Sri Lanka in 2022:
- China (26.0 units)
- Germany (15.0 units)
- United Arab Emirates (1.0 units)
- India (1.0 units)
Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Sri Lanka
In 2022, the amount of clock movements; complete and assembled, other than battery, accumulator or mains powereds exported from Sri Lanka reduced markedly to 15 units, which is down by -75% compared with the previous year. Over the period under review, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 200% against the previous year. Over the period under review, the exports of hit record highs at 245 units in 2019; however, from 2020 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 markedly to $44 in 2022. In general, exports showed a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 238%. Over the period under review, the exports of reached the peak figure at $35K 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 Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.4 | N/A | 0.2 | N/A | -29.3% |
| United Kingdom | 7.8 | 0.3 | 1.1 | N/A | -62.4% |
| United Arab Emirates | N/A | N/A | 0.1 | N/A | 0% |
| South Africa | 1.1 | N/A | 0.1 | N/A | -69.8% |
| Italy | 11.8 | 0.5 | 1.8 | N/A | -60.9% |
| United States | 12.0 | 0.6 | 2.0 | N/A | -59.2% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | 1.9 | 0.1 | 0.2 | N/A | -67.6% |
| Total | 35.0 | 1.6 | 5.4 | N/A | -60.7% |
Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from Sri Lanka in 2022:
- United Arab Emirates (12.0 units)
- Canada (3.0 units)
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