Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in France - 2023

Contents:

  1. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in France (CIF) - 2023
  2. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in France (FOB) - 2023
  3. Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in France
  4. Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in France

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in France (CIF) - 2023

In November 2023, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $5.4 per unit, increasing by 3.2% against the previous month. In general, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in March 2023 an increase of 24% against the previous month. The import price peaked at $7.1 per unit in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.

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 Spain amounted to +6.7% per month.

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in France (FOB) - 2023

The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $12.7 per unit in November 2023, leveling off at the previous month. Over the period under review, export price indicated slight growth from November 2022 to November 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for clocks; wall clocks, battery, accumulator or mains powereds decreased by -1.1% against May 2023 indices. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 68% against the previous month. As a result, the export price attained the peak level of $12.9 per unit. From June 2023 to November 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($274 per unit), while the average price for exports to Serbia ($489 per thousand units) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+16.4%), 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 France

In 2022, imports of clocks; wall clocks, battery, accumulator or mains powereds into France reduced to 4.7M units, waning by -7.1% compared with the year before. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 12%. As a result, imports attained the peak of 5M units, and then fell in the following year.

In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds totaled $30M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 25%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20.616.120.021.31.1%
Belgium0.11.83.32.1175.9%
Germany0.61.51.81.535.7%
Netherlands1.32.11.61.42.5%
Spain0.10.40.61.3135.1%
Others2.22.02.52.54.4%
Total24.923.929.930.06.4%

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

  1. China (3686.2K units)
  2. Belgium (260.3K units)
  3. Spain (258.0K units)
  4. Netherlands (184.7K units)
  5. Germany (183.7K units)

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

In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds exported from France declined remarkably to 1.5M units, waning by -22.1% compared with the previous year's figure. Over the period under review, exports saw a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of 66%. As a result, the exports attained the peak of 1.9M units, and then reduced notably in the following year.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds declined to $13M in 2022. The total export value increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $14M, and then dropped in the following year.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain8611,0441,4451,61223.3%
Germany1,1721,3901,8771,3865.7%
Belgium7156631,5911,18318.3%
Italy9506591,1361,1045.1%
Poland23652378170944.3%
Switzerland32333328257821.4%
Portugal21045292651234.6%
Netherlands10714442133145.7%
Greece61.084.210719848.1%
United Arab Emirates556293260185-30.7%
Luxembourg61.795.910513630.1%
Slovakia42.836.513913446.3%
Croatia43515298.594.2-39.9%
Others3,8055,1064,5374,4665.5%
Total9,53610,97413,70412,6289.8%

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

  1. Spain (328.2K units)
  2. Belgium (197.1K units)
  3. Italy (171.7K units)
  4. Poland (142.8K units)
  5. Germany (139.7K units)
  6. Portugal (100.0K units)
  7. Greece (51.1K units)
  8. Netherlands (47.7K units)
  9. Slovakia (27.7K units)
  10. Switzerland (23.2K units)
  11. Luxembourg (22.0K units)
  12. Croatia (18.6K units)
  13. United Arab Emirates (1.9K units)

Source: IndexBox Market Intelligence Platform

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