Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Estonia - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Estonia (CIF) - 2022
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Estonia (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Estonia
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Estonia
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Estonia (CIF) - 2022
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $7.7 per unit in 2022, with an increase of 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 32%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
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 Switzerland ($33 per unit), while the price for Denmark ($2.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+15.7%), 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 Estonia (FOB) - 2022
The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $3 per unit in 2022, declining by -64.3% against the previous year. In general, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 40%. Over the period under review, the average export prices attained the maximum at $12 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($14 per unit), while the average price for exports to Germany ($1.5 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 Finland (+9.7%), while the prices for the other major destinations experienced a decline.
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Estonia
For the third year in a row, Estonia recorded decline in overseas purchases of clocks; wall clocks, battery, accumulator or mains powereds, which decreased by -19.2% to 75K units in 2022. Overall, imports saw a abrupt shrinkage. The smallest decline of -2.3% was in 2021. Imports peaked at 113K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds dropped to $579K in 2022. Over the period under review, imports saw a slight downturn. The pace of growth was the most pronounced in 2021 when imports increased by 29%. As a result, imports reached the peak of $638K, and then contracted in the following year.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 445 | 221 | 293 | 164 | -28.3% |
| Switzerland | 0.2 | 5.3 | 2.2 | 84.4 | 650.1% |
| Finland | 8.9 | 82.8 | 84.2 | 68.9 | 97.8% |
| Latvia | 0.3 | 39.1 | 49.2 | 64.2 | 498.1% |
| Poland | 10.6 | 17.2 | 22.0 | 34.9 | 48.8% |
| Netherlands | 11.0 | 35.3 | 42.1 | 30.1 | 39.9% |
| Denmark | 4.0 | 4.2 | 1.3 | 5.1 | 8.4% |
| Others | 129 | 89.8 | 144 | 128 | -0.3% |
| Total | 609 | 494 | 638 | 579 | -1.7% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Estonia in 2022:
- China (32.0K units)
- Latvia (11.6K units)
- Poland (9.4K units)
- Finland (7.6K units)
- Netherlands (5.9K units)
- Switzerland (2.5K units)
- Denmark (2.2K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Estonia
In 2022, exports of clocks; wall clocks, battery, accumulator or mains powereds from Estonia surged to 114K units, jumping by 94% on the year before. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds fell rapidly to $345K in 2022. Overall, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 22% against the previous year. As a result, the exports reached the peak of $515K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 294 | 355 | 346 | 173 | -16.2% |
| Germany | N/A | N/A | 11.1 | 104 | 836.9% |
| Finland | 72.6 | 89.6 | 109 | 63.4 | -4.4% |
| Russia | 38.4 | 63.5 | 22.8 | N/A | -22.9% |
| Others | 18.2 | 6.5 | 10.6 | 4.6 | -36.8% |
| Total | 423 | 515 | 499 | 345 | -6.6% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Estonia in 2022:
- Germany (67.2K units)
- Sweden (41.9K units)
- Finland (4.5K units)
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