Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Serbia - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Serbia (CIF) - 2022
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Serbia (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Serbia
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Serbia
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Serbia (CIF) - 2022
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $3.9 per unit in 2022, falling by -10.2% against the previous year. In general, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2014 an increase of 13%. As a result, import price attained the peak level of $6.2 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($5.8 per unit), while the price for China ($3.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Serbia (FOB) - 2022
The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $6.3 per unit in 2022, falling by -19.1% against the previous year. In general, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 160% against the previous year. As a result, the export price attained the peak level of $7.8 per unit, and then contracted remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($5.2 per unit), while the average price for exports to Switzerland ($2.1 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 Ukraine (+69.0%), 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 Serbia
For the fourth consecutive year, Serbia recorded growth in supplies from abroad of clocks; wall clocks, battery, accumulator or mains powereds, which increased by 75% to 239K units in 2022. Overall, imports posted significant growth. 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 skyrocketed to $932K in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 272 | 396 | 496 | 752 | 40.4% |
Switzerland | 18.4 | N/A | 5.2 | 123 | 88.4% |
Turkey | 21.6 | 19.2 | 11.4 | 20.2 | -2.2% |
France | 10.4 | 91.7 | 53.8 | 18.4 | 20.9% |
Others | 72.5 | 55.3 | 25.3 | 17.8 | -37.4% |
Total | 395 | 562 | 591 | 932 | 33.1% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Serbia in 2022:
- China (208.5K units)
- Switzerland (21.1K units)
- Turkey (5.4K units)
- France (3.2K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Serbia
In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds exported from Serbia dropped significantly to 5.1K units, with a decrease of -51.4% compared with the year before. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of 10K units, and then dropped sharply in the following year.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds shrank significantly to $32K in 2022. Overall, exports, however, enjoyed a slight increase. The growth pace was the most rapid in 2021 with an increase of 213%. As a result, the exports reached the peak of $82K, and then reduced dramatically in the following year.
Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Montenegro | 6.3 | 4.2 | 7.8 | 9.2 | 13.5% |
Bosnia and Herzegovina | 10.7 | 13.6 | 7.8 | 7.1 | -12.8% |
North Macedonia | 5.6 | 5.3 | 5.7 | 2.8 | -20.6% |
Albania | 0.1 | 0.2 | 1.0 | 1.3 | 135.1% |
Croatia | 2.5 | 1.2 | 0.6 | 1.0 | -26.3% |
Switzerland | 1.3 | 0.3 | N/A | 0.2 | -46.4% |
Italy | 4.2 | 1.1 | 13.1 | N/A | 76.6% |
Others | 0.5 | 0.2 | 45.8 | 10.6 | 176.8% |
Total | 31.2 | 26.2 | 81.9 | 32.2 | 1.1% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Serbia in 2022:
- Montenegro (1767.0 units)
- Bosnia and Herzegovina (1427.0 units)
- North Macedonia (828.0 units)
- Albania (502.0 units)
- Croatia (401.0 units)
- Switzerland (100.0 units)
This report provides an in-depth analysis of the market for instrument panel and wall clock in Serbia.
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