Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Hungary - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Hungary (CIF) - 2022
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Hungary (FOB) - 2023
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Hungary
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Hungary
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Hungary (CIF) - 2022
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $3.2 per unit in 2022, waning by -8.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2020 when the average import price increased by 30% against the previous year. Over the period under review, average import prices attained the peak figure at $3.5 per unit in 2021, and then shrank in the following year.
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 Austria ($8 per unit), while the price for China ($2.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.0%), 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 Hungary (FOB) - 2023
In November 2023, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $4.3 per unit, waning by -43.6% against the previous month. In general, the export price, however, continues to indicate modest growth. The pace of growth appeared the most rapid in October 2023 when the average export price increased by 160% against the previous month. As a result, the export price reached the peak level of $7.5 per unit, and then dropped notably in the following month.
Average prices varied somewhat for the major external markets. In November 2023, the country with the highest price was Azerbaijan ($3.5 per unit), while the average price for exports to Bosnia and Herzegovina ($2.4 per unit) 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 Romania (+15.3%), 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 Hungary
In 2022, purchases abroad of clocks; wall clocks, battery, accumulator or mains powereds was finally on the rise to reach 733K units after two years of decline. In general, imports, however, recorded a pronounced curtailment. Over the period under review, imports of hit record highs at 795K 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 skyrocketed to $2.3M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 625 | 867 | 918 | 1,198 | 24.2% |
| Germany | 482 | 352 | 405 | 506 | 1.6% |
| Austria | 129 | 85.6 | 137 | 203 | 16.3% |
| Poland | 305 | 219 | 173 | 186 | -15.2% |
| Netherlands | 95.1 | 199 | 134 | 87.9 | -2.6% |
| Czech Republic | 49.5 | 34.6 | 29.7 | 68.5 | 11.4% |
| Slovakia | 64.8 | 61.8 | 36.8 | 31.8 | -21.1% |
| Others | 95.2 | 80.0 | 132 | 53.8 | -17.3% |
| Total | 1,845 | 1,898 | 1,967 | 2,335 | 8.2% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Hungary in 2022:
- China (476.7K units)
- Germany (115.8K units)
- Poland (65.4K units)
- Austria (25.6K units)
- Netherlands (22.3K units)
- Czech Republic (17.5K units)
- Slovakia (5.3K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Hungary
Exports of clocks; wall clocks, battery, accumulator or mains powereds from Hungary skyrocketed to 198K units in 2022, picking up by 54% against the previous year's figure. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 94%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds expanded markedly to $560K in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 87%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 57.3 | 66.5 | 182 | 209 | 53.9% |
| Slovakia | 21.1 | 15.0 | 78.1 | 63.8 | 44.6% |
| Italy | 21.8 | 9.8 | 20.9 | 50.5 | 32.3% |
| Croatia | 39.4 | 10.0 | 36.5 | 43.5 | 3.4% |
| Serbia | 6.8 | 3.8 | 24.5 | 39.3 | 79.5% |
| Bulgaria | 10.2 | 15.0 | 15.8 | 31.7 | 45.9% |
| Spain | 2.7 | N/A | 6.8 | 30.2 | 123.6% |
| Germany | 29.7 | 27.9 | 41.3 | 15.8 | -19.0% |
| Czech Republic | 17.0 | 13.0 | 11.8 | 15.4 | -3.2% |
| Austria | 2.8 | 0.1 | 8.0 | 13.9 | 70.6% |
| Slovenia | 19.4 | 2.8 | 11.4 | 9.8 | -20.4% |
| Others | 88.5 | 101 | 57.6 | 37.3 | -25.0% |
| Total | 317 | 265 | 494 | 560 | 20.9% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Hungary in 2022:
- Romania (72.3K units)
- Slovakia (22.4K units)
- Italy (20.7K units)
- Croatia (16.2K units)
- Serbia (15.5K units)
- Bulgaria (13.2K units)
- Spain (11.1K units)
- Austria (5.4K units)
- Germany (5.3K units)
- Slovenia (4.0K units)
- Czech Republic (2.9K units)
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