Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Israel - 2024
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Israel (CIF) - 2024
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Israel (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Israel
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Israel
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Israel (CIF) - 2024
In October 2023, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $5.0 per unit, standing approximately at the previous month. Overall, the import price, however, continues to indicate a pronounced setback. Over the period under review, average import prices hit record highs at $6.0 per unit in March 2023; however, from April 2023 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the countries with the highest prices were the United States ($5.0 per unit) and Taiwan (Chinese) ($5.0 per unit), while the price for China ($5.0 per unit) and France ($5.0 per unit) were amongst the lowest.
From January 2023 to October 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Israel (FOB) - 2022
The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $12 per unit in 2022, with an increase of 73% against the previous year. Over the period under review, the export price recorded a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to +3.2% per year.
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Israel
In 2022, approx. 401K units of clocks; wall clocks, battery, accumulator or mains powereds were imported into Israel; picking up by 26% compared with the year before. Overall, imports, however, continue to indicate a slight setback. Imports peaked at 425K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds soared to $2.9M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,735 | 1,109 | 1,770 | 1,992 | 4.7% |
| Hong Kong SAR | 38.0 | 26.0 | 74.7 | 240 | 84.8% |
| Switzerland | 8.0 | 132 | 7.0 | 159 | 170.9% |
| France | 18.0 | 55.0 | 22.9 | 103 | 78.9% |
| Italy | 21.0 | 168 | 93.6 | 76.0 | 53.5% |
| Turkey | 1.0 | 3.0 | 21.9 | 75.0 | 321.7% |
| Belarus | 82.0 | N/A | 60.8 | N/A | -13.9% |
| Others | 231 | 263 | 207 | 209 | -3.3% |
| Total | 2,134 | 1,756 | 2,258 | 2,854 | 10.2% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Israel in 2022:
- China (279.8K units)
- Hong Kong SAR (33.7K units)
- Switzerland (22.3K units)
- France (14.5K units)
- Italy (10.7K units)
- Turkey (10.5K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Israel
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 -98.9% to 85 units. Over the period under review, exports faced a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 173%. As a result, the exports attained the peak of 7.7K units, and then plummeted in the following year.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds plummeted to $1K in 2022. Overall, exports showed a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 207% against the previous year. As a result, the exports reached the peak of $52K, and then declined notably in the following year.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 1.0 | 0% |
| Palestine | 6.0 | 16.3 | 51.7 | N/A | 193.5% |
| Others | 2.2 | 0.7 | 0.3 | N/A | -63.1% |
| Total | 8.3 | 17.0 | 52.0 | 1.0 | -50.6% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Israel in 2022:
- United States (85.0 units)
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