Price for Clock Movements; Complete and Assembled in Sweden - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Sweden (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Sweden (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Sweden
- Exports of Clock Movements; Complete and Assembled in Sweden
Price for Clock Movements; Complete and Assembled in Sweden (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $4.9 per unit in 2022, picking up by 5.9% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clock movements; complete and assembled import price increased by +19.4% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 46% against the previous year. As a result, import price attained the peak level of $6.5 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($8.1 per unit), while the price for Germany ($3.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled in Sweden (FOB) - 2022
The average export price for clock movements; complete and assembleds stood at $13 per unit in 2022, with an increase of 7.7% against the previous year. Overall, the export price, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when the average export price increased by 25%. The export price peaked at $20 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($14 per unit), while the average price for exports to Finland stood at $2.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (-2.3%).
Imports of Clock Movements; Complete and Assembled in Sweden
In 2022, after three years of growth, there was significant decline in purchases abroad of clock movements; complete and assembleds, when their volume decreased by -37.3% to 34K units. Over the period under review, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 59%. Over the period under review, imports hit record highs at 54K units in 2021, and then contracted dramatically in the following year.
In value terms, clock movements; complete and assembled imports contracted rapidly to $165K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. Imports peaked at $249K in 2021, and then fell remarkably in the following year.
| Import of Clock Movements; Complete and Assembled in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 68.5 | 59.9 | 104 | 73.9 | 2.6% |
| China | 17.4 | 73.8 | 41.6 | 28.0 | 17.2% |
| United Kingdom | 0.1 | 0.5 | 10.4 | 15.6 | 438.3% |
| Denmark | 3.3 | 5.0 | 0.8 | 14.7 | 64.5% |
| Bangladesh | 2.9 | 21.4 | N/A | 6.2 | 28.8% |
| Poland | N/A | 1.3 | 6.3 | 3.8 | 71.0% |
| Hong Kong SAR | 4.7 | 6.6 | 4.7 | 0.2 | -65.1% |
| Turkey | 17.2 | 8.3 | 50.7 | 0.1 | -82.0% |
| Others | 9.6 | 16.6 | 30.9 | 22.9 | 33.6% |
| Total | 124 | 193 | 249 | 165 | 10.0% |
Top Suppliers of Clock Movements; Complete and Assembled to Sweden in 2022:
- Turkey (undefinedK units)
- Hong Kong SAR (undefinedK units)
- Germany (20.9K units)
- China (5.9K units)
- United Kingdom (2.6K units)
- Denmark (1.8K units)
- Bangladesh (1.6K units)
- Poland (0.6K units)
Exports of Clock Movements; Complete and Assembled in Sweden
Clock movements; complete and assembled exports from Sweden declined dramatically to 12K units in 2022, shrinking by -15% compared with 2021 figures. In general, exports saw a abrupt slump. The smallest decline of -5.9% was in 2021. Over the period under review, the exports attained the maximum at 20K 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 reduced to $159K in 2022. Overall, exports continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2021 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $173K, and then reduced in the following year.
| Export of Clock Movements; Complete and Assembled in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 63.5 | 66.3 | 55.9 | 92.9 | 13.5% |
| Finland | 15.8 | 15.9 | 19.8 | 13.5 | -5.1% |
| Others | 89.5 | 65.4 | 97.8 | 52.3 | -16.4% |
| Total | 169 | 148 | 173 | 159 | -2.0% |
Top Export Markets for Clock Movements; Complete and Assembled from Sweden in 2022:
- Norway (6.8K units)
- Finland (4.7K units)
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