Price for Clock Movements; Complete and Assembled in Tanzania - 2022
Contents:
- Price for Clock Movements; Complete and Assembled in Tanzania (CIF) - 2022
- Imports of Clock Movements; Complete and Assembled in Tanzania
Price for Clock Movements; Complete and Assembled in Tanzania (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $166 per unit in 2022, picking up by 179% against the previous year. Overall, the import price posted a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($235 per unit), while the price for Denmark ($64 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+47.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled in Tanzania
For the third consecutive year, Tanzania recorded decline in supplies from abroad of clock movements; complete and assembleds, which decreased by -38.6% to 51 units in 2022. Over the period under review, imports showed a dramatic downturn. The smallest decline of -1.2% was in 2021. Imports peaked at 113 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, clock movements; complete and assembled imports soared to $8.4K in 2022. Overall, imports, however, posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Clock Movements; Complete and Assembled in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,554 | 1,727 | 901 | 6,564 | 61.6% |
| Hong Kong SAR | 61.0 | 206 | 315 | 792 | 135.0% |
| South Africa | 925 | 5.0 | 120 | 470 | -20.2% |
| Turkey | 78.0 | 85.0 | 127 | 436 | 77.5% |
| Denmark | N/A | N/A | N/A | 127 | 0% |
| Kenya | 110 | 85.0 | 89.0 | N/A | -10.1% |
| Germany | 2,197 | 2,225 | 3,061 | N/A | 18.0% |
| Others | 138 | 144 | 307 | 55.0 | -26.4% |
| Total | 5,063 | 4,477 | 4,920 | 8,444 | 18.6% |
Top Suppliers of Clock Movements; Complete and Assembled to Tanzania in 2022:
- China (39.0 units)
- Hong Kong SAR (5.0 units)
- Turkey (3.0 units)
- Denmark (2.0 units)
- South Africa (2.0 units)
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