Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Spain - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Spain (CIF) - 2023
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Spain (FOB) - 2023
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Spain
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Spain
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Spain (CIF) - 2023
In November 2023, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $8.0 per unit, rising by 45% against the previous month. Overall, import price indicated measured growth from November 2022 to November 2023: its price increased at an average monthly rate of +4.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for clocks; wall clocks, battery, accumulator or mains powereds increased by +114.3% against July 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Germany amounted to +0.8% per month.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Spain (FOB) - 2023
In November 2023, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $11.1 per unit, jumping by 56% against the previous month. Over the period under review, the export price saw a notable increase. The most prominent rate of growth was recorded in January 2023 an increase of 321% month-to-month. As a result, the export price reached the peak level of $21.7 per unit. From February 2023 to November 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was the UK ($23.1 per unit), while the average price for exports to Morocco ($5.4 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+7.5%), 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 Spain
In 2022, approx. 2M units of clocks; wall clocks, battery, accumulator or mains powereds were imported into Spain; with a decrease of -13.4% against the year before. Overall, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. As a result, imports attained the peak of 2.3M units, and then declined in the following year.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds declined to $8.2M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, imports reached the peak of $9.5M, and then dropped in the following year.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 3.8 | 6.6 | 6.3 | 5.9% |
| Germany | 0.3 | 0.8 | 0.9 | 0.5 | 18.6% |
| France | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Netherlands | 0.2 | 0.3 | 0.4 | 0.2 | 0.0% |
| Austria | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Others | 1.6 | 1.0 | 1.1 | 0.7 | -24.1% |
| Total | 7.7 | 6.3 | 9.5 | 8.2 | 2.1% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Spain in 2022:
- China (1684.9K units)
- Germany (64.3K units)
- Netherlands (63.9K units)
- Austria (55.8K units)
- France (35.3K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Spain
In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds exported from Spain surged to 593K units, picking up by 18% compared with the previous year. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 50%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds rose sharply to $3.7M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.6% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 39% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 566 | 592 | 1,072 | 1,196 | 28.3% |
| Italy | 703 | 705 | 769 | 1,164 | 18.3% |
| Portugal | 454 | 391 | 539 | 616 | 10.7% |
| Germany | 58.7 | 171 | 369 | 232 | 58.1% |
| Chile | 1.5 | 0.5 | 3.9 | 43.7 | 207.7% |
| Morocco | 73.4 | 50.4 | 73.4 | 32.7 | -23.6% |
| Others | 404 | 529 | 554 | 413 | 0.7% |
| Total | 2,260 | 2,439 | 3,380 | 3,697 | 17.8% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Spain in 2022:
- France (211.2K units)
- Italy (206.8K units)
- Portugal (89.7K units)
- Germany (30.0K units)
- Morocco (14.1K units)
- Chile (11.2K units)
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