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

Contents:

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

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Japan (CIF) - 2022

In 2022, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $6 per unit, reducing by -16.1% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 29%. Over the period under review, average import prices attained the peak figure at $7.1 per unit in 2021, and then declined markedly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($6 per unit), while the price for Thailand ($6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%), 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 Japan (FOB) - 2022

In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $1.3 per unit, which is down by -14.3% against the previous year. Overall, the export price recorded a significant contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 7.4% against the previous year. Over the period under review, the average export prices reached the peak figure at $43 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($18 per unit), while the average price for exports to the United States ($0.5 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 South Korea (-15.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of clocks; wall clocks, battery, accumulator or mains powereds into Japan expanded significantly to 9.1M units, picking up by 9.5% against the year before. In general, imports, however, saw a deep downturn. Imports peaked at 11M 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 contracted to $54M in 2022. Over the period under review, imports, however, showed a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of $59M, and then fell in the following year.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China45.644.150.347.31.2%
Thailand5.45.05.14.6-5.2%
Taiwan (Chinese)1.51.11.20.9-15.7%
Vietnam3.40.80.50.2-61.1%
Others1.00.91.81.13.2%
Total56.951.958.954.2-1.6%

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

  1. China (7.9M units)
  2. Thailand (0.8M units)
  3. Taiwan (Chinese) (0.2M units)

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

In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds exported from Japan dropped markedly to 565K units, which is down by -19.1% on the previous year. Overall, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 115%. As a result, the exports reached the peak of 699K units, and then dropped significantly in the following year.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds shrank notably to $712K in 2022. Over the period under review, exports saw a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 11%. As a result, the exports attained the peak of $1M, and then declined rapidly in the following year.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China421541396269-13.9%
United States10710024321826.8%
South Korea46.237.145.888.624.2%
Hong Kong SAR11753.413853.9-22.8%
Germany43.344.047.332.8-8.8%
Taiwan (Chinese)33.336.153.115.9-21.8%
Others15311710334.0-39.4%
Total9219281,027712-8.2%

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

  1. United States (403.2K units)
  2. Hong Kong SAR (84.5K units)
  3. Germany (17.9K units)
  4. South Korea (15.7K units)
  5. China (14.6K units)
  6. Taiwan (Chinese) (11.7K units)

Source: IndexBox Market Intelligence Platform

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