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

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $7.1 per unit, which is down by -30.1% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 129%. As a result, import price reached the peak level of $24 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($49 per unit), while the price for Poland ($3.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.1%), 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 Sweden (FOB) - 2022

The average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $9.1 per unit in 2022, dropping by -72.6% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by 119%. The export price peaked at $38 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to -4.7% per year.

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

In 2022, purchases abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds decreased by -13.9% to 10K units, falling for the second year in a row after two years of growth. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 185%. As a result, imports attained the peak of 14K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds reduced rapidly to $73K in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 166%. Over the period under review, imports of reached the peak figure at $122K in 2021, and then fell remarkably in the following year.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.466.921.428.149.6%
Germany1.93.33.98.162.1%
United States1.31.82.07.881.7%
BangladeshN/A11.7N/A6.0-28.4%
PolandN/A0.96.13.8105.5%
IndiaN/AN/AN/A2.70%
Hong Kong SAR4.56.74.80.2-64.6%
Turkey17.28.750.7N/A71.7%
Others5.53.232.916.644.5%
Total38.810312273.323.6%

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

  1. China (6.0K units)
  2. Bangladesh (1.6K units)
  3. Poland (1.1K units)
  4. Germany (0.7K units)
  5. India (0.2K units)
  6. United States (0.2K units)

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

In 2022, the amount of clock movements; complete and assembled, other than battery, accumulator or mains powereds exported from Sweden skyrocketed to 5.4K units, with an increase of 315% against 2021. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds expanded significantly to $49K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 120%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway10.615.89.644.761.6%
Others8.23.633.34.1-20.6%
Total18.819.542.948.737.3%

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

  1. Norway (5.3K units)

Source: IndexBox Market Intelligence Platform

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