Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Thailand - 2024
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Thailand (FOB) - 2024
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Thailand (CIF) - 2024
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Thailand
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Thailand
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Thailand (FOB) - 2024
In January 2024, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $22.0 per unit, jumping by 75% against the previous month. Over the period under review, the export price showed modest growth. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 112% month-to-month. As a result, the export price reached the peak level of $33.2 per unit. From June 2023 to January 2024, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was the United States ($51.7 per unit), while the average price for exports to China ($7.6 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.1%), while the prices for the other major destinations experienced a decline.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Thailand (CIF) - 2024
In January 2024, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $3.9 per unit, growing by 37% against the previous month. In general, the import price continues to indicate slight growth. The pace of growth was the most pronounced in May 2023 when the average import price increased by 137% month-to-month. The import price peaked at $7.4 per unit in February 2023; however, from March 2023 to January 2024, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to +0.7% per month.
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Thailand
In 2022, approx. 508K units of clocks; wall clocks, battery, accumulator or mains powereds were exported from Thailand; remaining stable against 2021. The total export volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 17% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds declined to $12M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, the exports reached the peak of $12M, and then fell in the following year.
Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.0 | 4.9 | 5.3 | 5.0 | 0.0% |
Japan | 5.2 | 4.4 | 5.0 | 4.4 | -5.4% |
China | 0.5 | 0.9 | 1.2 | 1.3 | 37.5% |
Hong Kong SAR | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
Philippines | N/A | N/A | N/A | 0.1 | 0% |
Others | 0.5 | 0.3 | 0.5 | 0.6 | 6.3% |
Total | 11.5 | 10.7 | 12.2 | 11.5 | 0.0% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Thailand in 2022:
- China (202.0K units)
- United States (125.9K units)
- Japan (120.7K units)
- Hong Kong SAR (13.3K units)
- Philippines (7.8K units)
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Thailand
After three years of growth, overseas purchases of clocks; wall clocks, battery, accumulator or mains powereds decreased by -1.8% to 984K units in 2022. The total import volume increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 23%. Over the period under review, imports of attained the maximum at 1M units in 2021, and then reduced in the following year.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds surged to $3.2M in 2022. In general, imports continue to indicate a pronounced shrinkage. Over the period under review, imports of reached the maximum at $3.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.3 | 2.4 | 2.0 | 3.0 | 9.3% |
Belarus | 0.1 | 0.1 | N/A | N/A | 0.0% |
Others | 1.2 | 0.3 | 0.1 | 0.2 | -45.0% |
Total | 3.6 | 2.8 | 2.2 | 3.2 | -3.9% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Thailand in 2022:
- China (941.6K units)
- Belarus (30.0K units)
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