Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Angola - 2022

Contents:

  1. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Angola (CIF) - 2022
  2. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Angola (FOB) - 2022
  3. Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Angola
  4. Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Angola

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Angola (CIF) - 2022

The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $7.1 per unit in 2022, growing by 5.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2016 an increase of 20% against the previous year. As a result, import price attained the peak level of $7.6 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($7.1 per unit), while the price for China ($7.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Angola (FOB) - 2022

The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $5.2 per unit in 2022, approximately reflecting the previous year. In general, the export price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 an increase of 34% against the previous year. As a result, the export price attained the peak level of $9.4 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($5.3 per unit), while the average price for exports to Nigeria ($4.5 per unit) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (-9.8%).

Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Angola

Imports of clocks; wall clocks, battery, accumulator or mains powereds into Angola dropped rapidly to 8.5K units in 2022, with a decrease of -39.7% on 2021 figures. In general, imports saw a dramatic decrease. The smallest decline of -5.8% was in 2021. Imports peaked at 30K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds declined notably to $60K in 2022. Overall, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 6%. Imports peaked at $151K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11758.244.449.1-25.1%
Portugal3.34.910.57.430.9%
United States3.94.15.11.6-25.7%
Hong Kong SAR12.412.022.6N/A35.0%
Japan2.01.72.9N/A20.4%
Spain4.93.21.3N/A-48.5%
Others7.45.27.92.2-33.3%
Total15189.394.760.3-26.4%

Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Angola in 2022:

  1. China (6.9K units)
  2. Portugal (1.0K units)
  3. United States (0.2K units)

Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Angola

In 2022, exports of clocks; wall clocks, battery, accumulator or mains powereds from Angola surged to 26 units, picking up by 136% against the previous year. Over the period under review, exports, however, recorded a sharp decrease. The exports peaked at 58 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds surged to $134 in 2022. Overall, exports, however, continue to indicate a sharp decrease. Over the period under review, the exports of hit record highs at $337 in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/AN/A58.00%
BelgiumN/AN/AN/A58.00%
NigeriaN/AN/A18.018.00.0%
South Korea17.0N/AN/AN/A0%
GermanyN/A291N/AN/A0%
United States94.0N/AN/AN/A0%
France15.0N/AN/AN/A0%
India60.0N/AN/AN/A0%
South Africa3.023.016.0N/A130.9%
Portugal1.023.022.0N/A369.0%
Canada74.0N/AN/AN/A0%
Others64.0N/AN/AN/A0%
Total32833756.0134-25.8%

Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Angola in 2022:

  1. Belgium (11.0 units)
  2. Slovenia (11.0 units)
  3. Nigeria (4.0 units)

Source: IndexBox Market Intelligence Platform

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