Price for Clock Movements; Complete and Assembled in Pakistan - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Pakistan (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Pakistan (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Pakistan
- Exports of Clock Movements; Complete and Assembled in Pakistan
Price for Clock Movements; Complete and Assembled in Pakistan (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $1.4 per unit in 2022, rising by 5.8% against the previous year. Over the period under review, the import price saw a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 60% against the previous year. As a result, import price reached the peak level of $1.5 per unit. From 2018 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 ($1.4 per unit), while the price for Taiwan (Chinese) totaled $0.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.4%).
Price for Clock Movements; Complete and Assembled in Pakistan (FOB) - 2022
The average export price for clock movements; complete and assembleds stood at $55 per unit in 2022, increasing by 19% against the previous year. In general, the export price showed a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 73% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($62 per unit) and the United Arab Emirates ($54 per unit), while the average price for exports to the United States ($45 per unit) and Oman ($50 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+229.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled in Pakistan
In 2022, approx. 490K units of clock movements; complete and assembleds were imported into Pakistan; growing by 222% on 2021 figures. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, clock movements; complete and assembled imports soared to $680K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Clock Movements; Complete and Assembled in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 99.2 | 153 | 190 | 643 | 86.5% |
| Taiwan (Chinese) | 1.9 | 1.6 | 1.4 | 3.9 | 27.1% |
| Others | 11.9 | 7.8 | 8.9 | 33.6 | 41.3% |
| Total | 113 | 163 | 200 | 680 | 81.9% |
Top Suppliers of Clock Movements; Complete and Assembled to Pakistan in 2022:
- China (474.7K units)
- Taiwan (Chinese) (11.1K units)
Exports of Clock Movements; Complete and Assembled in Pakistan
Clock movements; complete and assembled exports from Pakistan fell to 2.5K units in 2022, which is down by -13% against 2021. Overall, exports showed a dramatic decline. Over the period under review, the exports hit record highs at 9.7K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, clock movements; complete and assembled exports expanded slightly to $136K in 2022. Over the period under review, exports continue to indicate a noticeable decline. Over the period under review, the exports reached the maximum at $151K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Clock Movements; Complete and Assembled in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 119 | 126 | 102 | 54.7 | -22.8% |
| Germany | N/A | N/A | N/A | 21.9 | 0% |
| Spain | 8.0 | 5.6 | 8.6 | 14.1 | 20.8% |
| United States | 10.9 | 2.3 | 8.1 | 11.2 | 0.9% |
| United Kingdom | 0.4 | 0.6 | 4.5 | 6.2 | 149.3% |
| Oman | 3.7 | 1.7 | 1.8 | 1.9 | -19.9% |
| Others | 9.3 | 4.8 | 6.4 | 26.0 | 40.9% |
| Total | 151 | 141 | 131 | 136 | -3.4% |
Top Export Markets for Clock Movements; Complete and Assembled from Pakistan in 2022:
- United Arab Emirates (1007.0 units)
- Germany (352.0 units)
- Spain (268.0 units)
- United States (247.0 units)
- United Kingdom (122.0 units)
- Oman (38.0 units)
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