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

Contents:

  1. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Greece (CIF) - 2023
  2. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Greece (FOB) - 2022
  3. Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Greece
  4. Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Greece

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

In November 2023, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $2.1 per unit, increasing by 12% against the previous month. Overall, the import price recorded a pronounced increase. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 113% m-o-m. The import price peaked at $3.0 per unit in March 2023; however, from April 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($8.1 per unit), while the price for China ($1.5 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+3.4%), 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 Greece (FOB) - 2022

In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $3.5 per unit, dropping by -12.5% against the previous year. In general, the export price showed a slight decline. The most prominent rate of growth was recorded in 2015 an increase of 30%. The export price peaked at $5.9 per unit in 2016; however, from 2017 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 Romania ($7 per unit), while the average price for exports to Italy ($2.1 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 Bulgaria (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds imported into Greece skyrocketed to 1.1M units, increasing by 30% compared with 2021. In general, imports, however, recorded a mild shrinkage. Over the period under review, imports of reached the peak figure at 1.1M units in 2019; afterwards, it flattened through to 2022.

In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds dropped to $2.2M in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 60%. As a result, imports reached the peak of $2.3M, and then dropped in the following year.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,7731,0991,8611,676-1.9%
Netherlands72.390.714010513.2%
Austria38.720.126.775.124.7%
Bulgaria13.634.533.232.333.4%
Italy13789.687.216.9-50.2%
Others11511817725229.9%
Total2,1501,4522,3262,1570.1%

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

  1. China (994.4K units)
  2. Netherlands (28.0K units)
  3. Austria (20.8K units)
  4. Bulgaria (16.5K units)
  5. Italy (5.4K units)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of clocks; wall clocks, battery, accumulator or mains powereds, when their volume decreased by -17.8% to 75K units. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 168%. As a result, the exports attained the peak of 91K units, and then plummeted in the following year.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds dropped remarkably to $265K in 2022. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 126%. As a result, the exports reached the peak of $368K, and then fell dramatically in the following year.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy22.524.210378.651.7%
Bulgaria33.732.355.242.37.9%
Romania25.033.436.833.710.5%
Germany3.81.537.932.5104.5%
Latvia7.213.211.911.215.9%
PortugalN/A2.94.211.195.6%
Cyprus12.411.612.410.9-4.2%
Others36.243.810744.77.3%
Total14116336826523.4%

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

  1. Italy (38.3K units)
  2. Bulgaria (9.8K units)
  3. Germany (6.2K units)
  4. Romania (4.8K units)
  5. Portugal (3.6K units)
  6. Latvia (3.4K units)
  7. Cyprus (2.7K units)

Source: IndexBox Market Intelligence Platform

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