Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Russia - 2022

Contents:

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

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

The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $2.9 per unit in 2022, declining by -7.9% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2015 an increase of 96%. Over the period under review, average import prices hit record highs at $19 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 South Korea ($4.8 per unit), while the price for China stood at $2.6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $4.5 per unit in 2022, reducing by -10.8% against the previous year. Overall, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 26%. Over the period under review, the average export prices attained the maximum at $8.7 per unit in 2013; however, from 2014 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 Armenia ($8.1 per unit), while the average price for exports to Kazakhstan ($4.1 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 Armenia (-0.1%), while the prices for the other major destinations experienced a decline.

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

After two years of decline, overseas purchases of clocks; wall clocks, battery, accumulator or mains powereds increased by 9.1% to 3.2M units in 2022. Overall, imports, however, continue to indicate a abrupt descent. Imports peaked at 3.9M 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 amounted to $9.3M in 2022. In general, imports, however, showed a perceptible curtailment. Imports peaked at $10M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.87.57.68.32.1%
Belarus1.00.60.2N/A-55.3%
Others1.41.31.41.1-7.7%
Total10.29.49.39.3-3.0%

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

  1. China (3.1M units)

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

In 2022, shipments abroad of clocks; wall clocks, battery, accumulator or mains powereds was finally on the rise to reach 114K units after two years of decline. Overall, exports, however, recorded a abrupt descent. The exports peaked at 165K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds declined to $513K in 2022. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 8.7% against the previous year. The exports peaked at $687K 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 Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan21013318142826.8%
Armenia4.84.012.838.5100.2%
Kyrgyzstan12.04.37.211.9-0.3%
Belarus424329304N/A-15.3%
Others36.321.529.534.6-1.6%
Total687492535513-9.3%

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

  1. Kazakhstan (104.0K units)
  2. Armenia (4.7K units)
  3. Kyrgyzstan (2.4K units)

Source: IndexBox Market Intelligence Platform

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