Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Myanmar - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Myanmar (CIF) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Myanmar
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Myanmar (CIF) - 2022
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $1.7 per unit in 2022, picking up by 21% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 60% against the previous year. The import price peaked at $5.5 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Thailand ($2.6 per unit), while the price for India ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.8%), while the prices for the other major suppliers experienced a decline.
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Myanmar
For the third consecutive year, Myanmar recorded decline in overseas purchases of clocks; wall clocks, battery, accumulator or mains powereds, which decreased by -8.5% to 94K units in 2022. Over the period under review, imports showed a dramatic downturn. Over the period under review, imports of hit record highs at 959K 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 rose rapidly to $157K in 2022. In general, imports recorded a precipitous shrinkage. Over the period under review, imports of attained the maximum at $853K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 655 | 236 | 122 | 114 | -44.2% |
| India | 152 | 84.9 | 17.6 | 34.7 | -38.9% |
| Thailand | N/A | 1.7 | 2.3 | 7.4 | 108.6% |
| Others | 46.0 | 1.3 | N/A | 0.8 | -74.1% |
| Total | 853 | 324 | 142 | 157 | -43.1% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Myanmar in 2022:
- China (60.0K units)
- India (30.8K units)
- Thailand (2.9K units)
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