Price for Clock Movements; Complete and Assembled in Poland - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Poland (FOB) - 2023
- Price for Clock Movements; Complete and Assembled in Poland (CIF) - 2022
- Exports of Clock Movements; Complete and Assembled in Poland
- Imports of Clock Movements; Complete and Assembled in Poland
Price for Clock Movements; Complete and Assembled in Poland (FOB) - 2023
The average export price for clock movements; complete and assembleds stood at $2.6 per unit in June 2023, growing by 1.9% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 17% m-o-m. The export price peaked in June 2023.
As there is only one major export destination, the average price level is determined by prices for Germany.
From June 2022 to June 2023, the rate of growth in terms of prices for Germany amounted to +0.9% per month.
Price for Clock Movements; Complete and Assembled in Poland (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembleds amounted to $1.1 per unit, approximately reflecting the previous year. Overall, the import price, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 80% against the previous year. The import price peaked at $1.2 per unit in 2021, and then shrank modestly in the following year.
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 Switzerland ($5.7 per unit), while the price for Germany ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Clock Movements; Complete and Assembled in Poland
Clock movements; complete and assembled exports from Poland expanded notably to 211K units in 2022, picking up by 5.3% against the previous year's figure. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, clock movements; complete and assembled exports reduced to $1.8M in 2022. In general, total exports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. As a result, the exports reached the peak of $2M, and then contracted in the following year.
| Export of Clock Movements; Complete and Assembled in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.6 | 1.2 | 1.8 | 1.7 | 2.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 1.7 | 1.3 | 2.0 | 1.8 | 1.9% |
Top Export Markets for Clock Movements; Complete and Assembled from Poland in 2022:
- Germany (206.9K units)
Imports of Clock Movements; Complete and Assembled in Poland
In 2022, after two years of decline, there was significant growth in supplies from abroad of clock movements; complete and assembleds, when their volume increased by 7.8% to 493K units. Over the period under review, imports, however, showed a deep slump. Over the period under review, imports reached the peak figure at 631K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, clock movements; complete and assembled imports rose sharply to $561K in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Clock Movements; Complete and Assembled in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 203 | 213 | 219 | 265 | 9.3% |
| Switzerland | 70.5 | 87.0 | 67.2 | 116 | 18.1% |
| Brazil | 80.2 | 110 | 146 | 88.9 | 3.5% |
| United Kingdom | 0.4 | 1.6 | N/A | 37.2 | 353.1% |
| Bangladesh | N/A | N/A | 32.5 | 22.2 | -31.7% |
| Germany | 77.2 | 10.2 | 21.8 | 18.8 | -37.6% |
| Others | 6.9 | 11.4 | 41.0 | 13.1 | 23.8% |
| Total | 438 | 433 | 527 | 561 | 8.6% |
Top Suppliers of Clock Movements; Complete and Assembled to Poland in 2022:
- China (274.8K units)
- Germany (142.4K units)
- United Kingdom (23.7K units)
- Switzerland (20.2K units)
- Brazil (16.4K units)
- Bangladesh (10.3K units)
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