Price for Clock Movements; Complete and Assembled in Portugal - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Portugal (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Portugal (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Portugal
- Exports of Clock Movements; Complete and Assembled in Portugal
Price for Clock Movements; Complete and Assembled in Portugal (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembleds amounted to $1.8 per unit, growing by 19% against the previous year. Overall, the import price, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2019 an increase of 62%. As a result, import price attained the peak level of $5.8 per unit. From 2020 to 2022, the average import prices remained at a somewhat 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 Spain ($2.6 per unit), while the price for China ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Clock Movements; Complete and Assembled in Portugal (FOB) - 2022
The average export price for clock movements; complete and assembleds stood at $1.6 per unit in 2022, dropping by -37.3% against the previous year. Overall, the export price saw a deep contraction. The growth pace was the most rapid in 2014 an increase of 233% against the previous year. The export price peaked at $19 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($52 per unit), while the average price for exports to Switzerland ($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 the UK (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled in Portugal
Clock movements; complete and assembled imports into Portugal contracted markedly to 36K units in 2022, reducing by -26.2% on the previous year's figure. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 148%. As a result, imports attained the peak of 48K units, and then reduced remarkably in the following year.
In value terms, clock movements; complete and assembled imports reduced to $65K in 2022. Over the period under review, imports saw a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 12% against the previous year. Imports peaked at $144K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Clock Movements; Complete and Assembled in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 42.6 | 56.6 | 53.8 | 47.5 | 3.7% |
| Germany | 12.9 | 8.0 | 5.1 | 5.3 | -25.7% |
| China | 1.6 | N/A | 10.7 | 5.3 | 49.1% |
| Netherlands | 83.1 | N/A | 0.2 | 3.3 | -65.9% |
| Italy | 3.3 | 0.2 | 1.1 | 1.5 | -23.1% |
| Others | 0.1 | 1.0 | 2.9 | 1.6 | 152.0% |
| Total | 144 | 65.9 | 73.7 | 64.6 | -23.4% |
Top Suppliers of Clock Movements; Complete and Assembled to Portugal in 2022:
- Spain (18.5K units)
- China (11.5K units)
- Germany (2.9K units)
- Netherlands (1.6K units)
- Italy (1.0K units)
Exports of Clock Movements; Complete and Assembled in Portugal
After two years of decline, shipments abroad of clock movements; complete and assembleds increased by 112% to 24K units in 2022. Over the period under review, exports showed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, clock movements; complete and assembled exports skyrocketed to $38K in 2022. In general, exports, however, showed a precipitous slump. Over the period under review, the exports hit record highs at $92K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Clock Movements; Complete and Assembled in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | 15.9 | 24.0 | 50.9% |
| Sweden | N/A | N/A | N/A | 10.0 | 0% |
| France | 0.1 | 13.1 | N/A | 3.6 | 230.2% |
| United Kingdom | 34.8 | N/A | N/A | 0.2 | -82.1% |
| Spain | 51.9 | N/A | 3.6 | 0.2 | -84.3% |
| Germany | 1.7 | 50.4 | 8.8 | N/A | 127.5% |
| Others | 3.1 | 28.6 | 0.6 | 0.4 | -49.5% |
| Total | 91.7 | 92.1 | 28.8 | 38.3 | -25.3% |
Top Export Markets for Clock Movements; Complete and Assembled from Portugal in 2022:
- United Kingdom (undefinedK units)
- Germany (undefinedK units)
- Spain (undefinedK units)
- Switzerland (22.5K units)
- France (0.7K units)
- Sweden (0.4K units)
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