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

Contents:

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

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

The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $7.7 per unit in 2022, picking up by 45% against the previous year. Over the period under review, the import price recorded a strong expansion. The pace of growth appeared the most rapid in 2013 an increase of 138%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 France ($16 per unit), while the price for Denmark ($2.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.4%), 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 Lithuania (FOB) - 2022

The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $22 per unit in 2022, growing by 184% against the previous year. In general, the export price recorded a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($35 per unit), while the average price for exports to Latvia ($6.7 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 Latvia (+12.5%), 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 Lithuania

In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds imported into Lithuania expanded remarkably to 96K units, surging by 6.2% against the year before. Overall, imports, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. Imports peaked at 106K 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 soared to $744K in 2022. Over the period under review, imports showed significant growth. 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 Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France72.010356.835770.5%
Latvia99.697.492.286.6-4.6%
Germany67.255.687.376.94.6%
China98.854.496.071.6-10.2%
Poland38.736.845.363.417.9%
Netherlands7.78.518.722.743.4%
Denmark2.02.20.516.1100.4%
Others30.048.787.349.618.2%
Total41640748474421.4%

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

  1. France (21.7K units)
  2. Poland (18.8K units)
  3. Germany (16.7K units)
  4. Latvia (12.4K units)
  5. China (10.8K units)
  6. Denmark (5.8K units)
  7. Netherlands (5.2K units)

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

For the third consecutive year, Lithuania recorded decline in overseas shipments of clocks; wall clocks, battery, accumulator or mains powereds, which decreased by -65.5% to 19K units in 2022. In general, exports faced a dramatic decrease. The smallest decline of -33.7% was in 2020. Over the period under review, the exports of reached the peak figure at 202K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds shrank to $422K in 2022. Over the period under review, exports faced a dramatic decrease. The exports peaked at $900K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan5.57.52.0244254.0%
Russia164250162112-11.9%
Latvia17.817.526.835.225.5%
Estonia14.612.87.811.0-9.0%
United Kingdom20.93.30.40.4-73.3%
China14313145.4N/A-43.7%
Germany10512744.2N/A-35.1%
France25.06.7N/AN/A-73.2%
Poland24.93.40.1N/A-93.7%
United Arab Emirates13815.24.9N/A-81.2%
Italy61.646.419.4N/A-43.9%
Netherlands19.8N/AN/AN/A0%
United States97.862.229.3N/A-45.3%
Others61.532.688.618.6-32.9%
Total900716430422-22.3%

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

  1. Kazakhstan (7.0K units)
  2. Latvia (5.3K units)
  3. Russia (4.6K units)
  4. Estonia (1.3K units)
  5. United Kingdom (0.1K units)

Source: IndexBox Market Intelligence Platform

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