Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Finland - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Finland (CIF) - 2023
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Finland (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Finland
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Finland
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Finland (CIF) - 2023
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $7.5 per unit in November 2023, surging by 19% against the previous month. Overall, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in February 2023 an increase of 79% against the previous month. Over the period under review, average import prices hit record highs at $10.9 per unit in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for the Netherlands amounted to +1.4% per month.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Finland (FOB) - 2022
In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $7.9 per unit, growing by 14% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 20% against the previous year. As a result, the export price reached the peak level of $8.9 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($40 per unit), while the average price for exports to Sweden ($3.5 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 Russia (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Finland
After two years of decline, supplies from abroad of clocks; wall clocks, battery, accumulator or mains powereds increased by 19% to 281K units in 2022. In general, imports, however, recorded a abrupt contraction. Over the period under review, imports of reached the maximum at 340K 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 soared to $2M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 43.7 | 48.1 | 49.6 | 588 | 137.8% |
| China | 1,154 | 427 | 437 | 427 | -28.2% |
| Netherlands | 5.5 | 31.7 | 89.3 | 250 | 256.9% |
| Sweden | 81.4 | 342 | 255 | 169 | 27.6% |
| Germany | 147 | 348 | 248 | 169 | 4.8% |
| Poland | 3.3 | 73.5 | 152 | 137 | 246.3% |
| Hong Kong SAR | 14.3 | 1.5 | 6.8 | 57.6 | 59.1% |
| Others | 220 | 120 | 85.0 | 236 | 2.4% |
| Total | 1,669 | 1,392 | 1,322 | 2,032 | 6.8% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Finland in 2022:
- China (89.6K units)
- Netherlands (62.5K units)
- Sweden (41.3K units)
- Poland (28.6K units)
- France (26.8K units)
- Germany (12.4K units)
- Hong Kong SAR (5.9K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Finland
In 2022, after three years of growth, there was decline in overseas shipments of clocks; wall clocks, battery, accumulator or mains powereds, when their volume decreased by -2% to 37K units. The total export volume increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 24%. Over the period under review, the exports of hit record highs at 37K units in 2021, and then declined in the following year.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds rose remarkably to $289K in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 33%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 74.1 | 96.8 | 101 | 98.0 | 9.8% |
| Latvia | 26.3 | 36.4 | 30.6 | 39.2 | 14.2% |
| Lithuania | 10.1 | 11.8 | 17.0 | 22.0 | 29.6% |
| Sweden | 12.8 | 12.5 | 17.2 | 10.5 | -6.4% |
| Iceland | 2.9 | 2.3 | 6.1 | N/A | 45.0% |
| Others | 49.9 | 74.0 | 86.6 | 119 | 33.6% |
| Total | 176 | 234 | 259 | 289 | 18.0% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Finland in 2022:
- Estonia (19.2K units)
- Latvia (10.7K units)
- Sweden (3.0K units)
- Lithuania (2.6K units)
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