Price for Clock Movements; Complete and Assembled in Russia - 2022
Contents:
- Price for Clock Movements; Complete and Assembled in Russia (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Russia (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Russia
- Exports of Clock Movements; Complete and Assembled in Russia
Price for Clock Movements; Complete and Assembled in Russia (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembleds amounted to $1.9 per unit, declining by -45.4% against the previous year. In general, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 17%. Over the period under review, average import prices attained the maximum at $6.8 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 -8.9% per year.
Price for Clock Movements; Complete and Assembled in Russia (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembleds amounted to $9.8 per unit, jumping by 23% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2019 an increase of 57%. The export price peaked at $13 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($48 per unit), while the average price for exports to Ukraine ($5.2 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 Belarus (+31.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled in Russia
In 2022, clock movements; complete and assembled imports into Russia soared to 548K units, increasing by 60% compared with the previous year's figure. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 146%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, clock movements; complete and assembled imports shrank to $1M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of $1.2M, and then declined in the following year.
| Import of Clock Movements; Complete and Assembled in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 457 | 460 | 656 | 1,023 | 30.8% |
| Others | 329 | 413 | 516 | N/A | 25.2% |
| Total | 785 | 874 | 1,172 | 1,023 | 9.2% |
Top Suppliers of Clock Movements; Complete and Assembled to Russia in 2022:
- China (547.7K units)
Exports of Clock Movements; Complete and Assembled in Russia
Clock movements; complete and assembled exports from Russia shrank significantly to 3.2K units in 2022, waning by -41.6% on the previous year's figure. In general, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 177% against the previous year. As a result, the exports attained the peak of 5.4K units, and then fell sharply in the following year.
In value terms, clock movements; complete and assembled exports shrank dramatically to $31K in 2022. Overall, exports, however, saw mild growth. The pace of growth was the most pronounced in 2021 when exports increased by 129% against the previous year. As a result, the exports attained the peak of $43K, and then shrank dramatically in the following year.
| Export of Clock Movements; Complete and Assembled in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 25.3 | 16.8 | 36.0 | 20.9 | -6.2% |
| Ukraine | 1.6 | 0.6 | 4.6 | 7.4 | 66.6% |
| Kazakhstan | 1.3 | 1.0 | 1.5 | 2.9 | 30.7% |
| Others | 1.9 | 0.5 | 1.2 | N/A | -20.5% |
| Total | 30.1 | 18.9 | 43.3 | 31.1 | 1.1% |
Top Export Markets for Clock Movements; Complete and Assembled from Russia in 2022:
- Belarus (1.7K units)
- Ukraine (1.4K units)
- Kazakhstan (0.1K units)
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