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

Contents:

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

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

In 2022, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $1.9 per unit, surging by 2.2% against the previous year. In general, the import price, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2016 an increase of 28%. The import price peaked at $2.7 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.0% per year.

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

The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $7 per unit in 2022, picking up by 744% against the previous year. In general, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $13 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($7.2 per unit), while the average price for exports to the UK totaled $6.8 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+69.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of clocks; wall clocks, battery, accumulator or mains powereds into Pakistan declined sharply to 34K units, with a decrease of -28.4% compared with 2021 figures. In general, imports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 14%. Over the period under review, imports of attained the maximum at 62K 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 shrank sharply to $63K in 2022. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Imports peaked at $121K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10670.584.862.2-16.3%
United Arab Emirates14.90.21.1N/A-72.8%
OthersN/AN/A0.71.157.1%
Total12170.786.663.3-19.4%

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

  1. China (33.4K units)

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

Exports of clocks; wall clocks, battery, accumulator or mains powereds from Pakistan dropped rapidly to 1.5K units in 2022, with a decrease of -44.3% on the previous year's figure. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 218% against the previous year. As a result, the exports attained the peak of 2.6K units, and then dropped remarkably in the following year.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds skyrocketed to $10K in 2022. In general, exports showed a abrupt decline. Over the period under review, the exports of reached the peak figure at $15K 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 Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1.2N/AN/A9.6100.0%
Canada0.20.10.10.314.5%
Norway3.6N/AN/AN/A0%
Colombia2.5N/AN/AN/A0%
VietnamN/A4.9N/AN/A0%
United Arab Emirates7.3N/AN/AN/A0%
South AfricaN/AN/A1.6N/A0%
Others0.20.20.50.314.5%
Total15.05.32.210.2-12.1%

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

  1. United Kingdom (1397.0 units)
  2. Canada (38.0 units)

Source: IndexBox Market Intelligence Platform

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