Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Turkey - 2024

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $0.4 per unit, dropping by -10.8% against the previous year. Over the period under review, the import price, however, recorded mild growth. The growth pace was the most rapid in 2015 an increase of 74%. As a result, import price attained the peak level of $0.6 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.6% per year.

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

The average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $4.1 per unit in 2022, dropping by -59.9% against the previous year. Over the period under review, the export price recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 361%. The export price peaked at $16 per unit in 2014; however, from 2015 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 Qatar ($112 per unit), while the average price for exports to Senegal ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+547,308.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds decreased by -24.4% to 56K units, falling for the second consecutive year after two years of growth. In general, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2020 with an increase of 45%. As a result, imports attained the peak of 174K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds declined rapidly to $25K in 2022. Over the period under review, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 76% against the previous year. As a result, imports reached the peak of $52K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28.645.623.417.3-15.4%
Others0.76.013.57.5120.5%
Total29.351.736.924.9-5.3%

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

  1. China (55.8K units)

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

Exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds from Turkey reduced sharply to 3.3K units in 2022, dropping by -64.1% against the previous year. Overall, exports recorded a precipitous curtailment. The smallest decline of -12.4% was in 2021. Over the period under review, the exports of hit record highs at 129K 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 contracted rapidly to $14K in 2022. Over the period under review, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 304% against the previous year. As a result, the exports attained the peak of $94K, and then contracted notably in the following year.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar0.30.1N/A5.6165.3%
United KingdomN/AN/AN/A3.20%
TunisiaN/AN/AN/A0.70%
Syrian Arab RepublicN/AN/AN/A0.50%
SenegalN/AN/AN/A0.10%
BulgariaN/A7.60.1N/A-98.7%
Vietnam65.35.7N/AN/A-91.3%
North MacedoniaN/A6.7N/AN/A0%
Others1.73.193.53.426.0%
Total67.223.293.713.5-41.4%

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

  1. United Kingdom (2444.0 units)
  2. Tunisia (200.0 units)
  3. Syrian Arab Republic (160.0 units)
  4. Senegal (120.0 units)
  5. Qatar (50.0 units)

Source: IndexBox Market Intelligence Platform

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