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

Contents:

  1. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Serbia (CIF) - 2022
  2. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Serbia (FOB) - 2022
  3. Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Serbia
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China27239649675240.4%
Switzerland18.4N/A5.212388.4%
Turkey21.619.211.420.2-2.2%
France10.491.753.818.420.9%
Others72.555.325.317.8-37.4%
Total39556259193233.1%

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

  1. China (208.5K units)
  2. Switzerland (21.1K units)
  3. Turkey (5.4K units)
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro6.34.27.89.213.5%
Bosnia and Herzegovina10.713.67.87.1-12.8%
North Macedonia5.65.35.72.8-20.6%
Albania0.10.21.01.3135.1%
Croatia2.51.20.61.0-26.3%
Switzerland1.30.3N/A0.2-46.4%
Italy4.21.113.1N/A76.6%
Others0.50.245.810.6176.8%
Total31.226.281.932.21.1%

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

  1. Montenegro (1767.0 units)
  2. Bosnia and Herzegovina (1427.0 units)
  3. North Macedonia (828.0 units)
  4. Albania (502.0 units)
  5. Croatia (401.0 units)
  6. Switzerland (100.0 units)

Source: IndexBox Market Intelligence Platform

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