Price for Clock Movements; Complete and Assembled in Slovakia - 2023

Contents:

  1. Price for Clock Movements; Complete and Assembled in Slovakia (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled in Slovakia (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled in Slovakia
  4. Exports of Clock Movements; Complete and Assembled in Slovakia

Price for Clock Movements; Complete and Assembled in Slovakia (CIF) - 2022

The average import price for clock movements; complete and assembleds stood at $5.6 per unit in 2022, increasing by 89% against the previous year. In general, the import price, however, saw a abrupt curtailment. Over the period under review, average import prices reached the maximum at $18 per unit in 2012; however, from 2013 to 2022, 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 Austria ($17 per unit), while the price for China ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+15.8%), while the prices for the other major suppliers experienced a decline.

Price for Clock Movements; Complete and Assembled in Slovakia (FOB) - 2022

In 2022, the average export price for clock movements; complete and assembleds amounted to $61 per unit, picking up by 183% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 81,393% against the previous year. As a result, the export price attained the peak level of $2,016 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

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 Poland ($96 per unit), while the average price for exports to France ($5.3 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 France (+38.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clock Movements; Complete and Assembled in Slovakia

In 2022, approx. 2.8K units of clock movements; complete and assembleds were imported into Slovakia; reducing by -35.3% compared with 2021 figures. In general, imports saw a significant contraction. The smallest decline of -6.3% was in 2020. Imports peaked at 9K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, clock movements; complete and assembled imports skyrocketed to $16K in 2022. Over the period under review, imports faced a deep setback. Imports peaked at $27K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Clock Movements; Complete and Assembled in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.67.14.73.813.5%
Germany3.65.63.90.8-39.4%
IrelandN/AN/AN/A0.40%
Czech Republic1.80.30.60.1-61.8%
Bangladesh17.10.1N/AN/A-99.4%
Others2.22.13.910.970.5%
Total27.315.413.015.9-16.5%

Top Suppliers of Clock Movements; Complete and Assembled to Slovakia in 2022:

  1. China (1751.0 units)
  2. Germany (46.0 units)
  3. Ireland (37.0 units)
  4. Czech Republic (32.0 units)

Exports of Clock Movements; Complete and Assembled in Slovakia

In 2022, the amount of clock movements; complete and assembleds exported from Slovakia soared to 131 units, growing by 297% on the year before. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 5,671% against the previous year. As a result, the exports attained the peak of 404 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, clock movements; complete and assembled exports soared to $7.9K in 2022. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,387% against the previous year. As a result, the exports attained the peak of $8.2K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Clock Movements; Complete and Assembled in Slovakia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4903,6254957,283145.9%
Czech Republic58.02,732150570114.2%
GermanyN/A37640.062.0-59.4%
France2.024.09.016.0100.0%
ItalyN/A16.012.013.0-9.9%
AustriaN/A49.0N/AN/A0%
OthersN/A1,358N/AN/A0%
Total5508,1807067,944143.5%

Top Export Markets for Clock Movements; Complete and Assembled from Slovakia in 2022:

  1. Poland (76.0 units)
  2. Czech Republic (42.0 units)
  3. Germany (8.0 units)
  4. France (3.0 units)
  5. Italy (2.0 units)

Source: IndexBox Market Intelligence Platform

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