Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Romania - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Romania (CIF) - 2023
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Romania (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Romania
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Romania
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Romania (CIF) - 2023
In November 2023, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $2.9 per unit, growing by 21% against the previous month. Over the period under review, the import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 40% against the previous month. The import price peaked at $3.5 per unit in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for Hungary amounted to +9.5% per month.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Romania (FOB) - 2022
In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $6.3 per unit, shrinking by -41.8% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 37%. Over the period under review, the average export prices reached the peak figure at $14 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
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 Slovenia ($13 per unit), while the average price for exports to Israel ($2.6 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 Turkey (+26.1%), 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 Romania
In 2022, imports of clocks; wall clocks, battery, accumulator or mains powereds into Romania soared to 849K units, increasing by 15% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds expanded modestly to $2.5M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.7% 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 +44.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 876 | 692 | 1,128 | 1,241 | 12.3% |
| Germany | 206 | 182 | 287 | 465 | 31.2% |
| Hungary | 58.9 | 85.7 | 230 | 200 | 50.3% |
| Poland | 301 | 99.3 | 110 | 95.4 | -31.8% |
| India | 32.0 | 51.7 | 104 | 94.0 | 43.2% |
| Bulgaria | 31.7 | 92.8 | 99.4 | 82.6 | 37.6% |
| Others | 409 | 498 | 427 | 282 | -11.7% |
| Total | 1,915 | 1,701 | 2,386 | 2,460 | 8.7% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Romania in 2022:
- China (513.6K units)
- Germany (132.1K units)
- Hungary (75.3K units)
- Bulgaria (41.5K units)
- India (33.4K units)
- Poland (13.1K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Romania
For the fourth year in a row, Romania recorded growth in overseas shipments of clocks; wall clocks, battery, accumulator or mains powereds, which increased by 141% to 70K units in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds soared to $445K in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 112%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 102 | 0% |
| Germany | N/A | 82.0 | 40.7 | 59.1 | -15.1% |
| Greece | 6.1 | 10.7 | 11.1 | 49.2 | 100.5% |
| Croatia | 22.1 | 35.9 | 41.6 | 48.3 | 29.8% |
| Bulgaria | 38.4 | 40.9 | 39.9 | 37.0 | -1.2% |
| Slovenia | 8.9 | 19.3 | 23.3 | 34.9 | 57.7% |
| Italy | N/A | 25.1 | 27.9 | 22.4 | -5.5% |
| Hungary | 30.9 | 29.8 | 32.3 | 19.1 | -14.8% |
| Cyprus | N/A | N/A | N/A | 12.3 | 0% |
| Moldova | 4.2 | 1.8 | 5.1 | 11.2 | 38.7% |
| United States | N/A | N/A | 27.6 | 11.2 | -59.4% |
| Israel | N/A | N/A | N/A | 10.8 | 0% |
| Others | 24.6 | 41.4 | 67.9 | 26.8 | 2.9% |
| Total | 135 | 287 | 317 | 445 | 48.8% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Romania in 2022:
- Turkey (25.4K units)
- Germany (8.4K units)
- Greece (6.6K units)
- Israel (4.1K units)
- Croatia (4.1K units)
- Cyprus (4.0K units)
- Italy (3.1K units)
- Moldova (3.1K units)
- Bulgaria (3.0K units)
- Slovenia (2.7K units)
- Hungary (2.1K units)
- United States (1.6K units)
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