Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Turkey - 2024
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Turkey (FOB) - 2022
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Turkey (CIF) - 2022
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Turkey
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Turkey
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Turkey (FOB) - 2022
The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $5 per unit in 2022, picking up by 4.8% against the previous year. Over the period under review, the export price, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2021 when the average export price increased by 14% against the previous year. The export price peaked at $6.5 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($13 per unit), while the average price for exports to Tunisia ($2.9 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 the UK (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Turkey (CIF) - 2022
In 2022, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $12 per unit, dropping by -11.2% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 58% against the previous year. Over the period under review, average import prices attained the peak figure at $18 per unit in 2019; however, from 2020 to 2022, import prices remained at a 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 France ($111 per unit), while the price for Iran ($3.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas shipments of clocks; wall clocks, battery, accumulator or mains powereds, which increased by 0.3% to 299K units in 2022. The total export volume increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. The exports peaked 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 $1.5M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +62.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 39%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 66.4 | 80.9 | 111 | 184 | 40.5% |
| Morocco | 16.9 | 4.7 | 78.6 | 178 | 119.2% |
| Iraq | 140 | 222 | 124 | 110 | -7.7% |
| Israel | 10.1 | 14.7 | 76.3 | 93.6 | 110.0% |
| Serbia | 79.9 | 35.3 | 82.6 | 90.0 | 4.0% |
| United Kingdom | 56.7 | 38.7 | 79.3 | 74.8 | 9.7% |
| Tunisia | 18.1 | 19.9 | 4.7 | 72.8 | 59.0% |
| Germany | 63.0 | 49.0 | 119 | 71.3 | 4.2% |
| Moldova | 34.9 | 32.8 | 49.4 | 51.2 | 13.6% |
| Croatia | 10.4 | 38.6 | 30.4 | 49.1 | 67.8% |
| Greece | 6.7 | 3.1 | 7.5 | 49.0 | 94.1% |
| Netherlands | 51.3 | 72.5 | 81.1 | 46.1 | -3.5% |
| Libya | 35.7 | 8.8 | 17.3 | 34.2 | -1.4% |
| Others | 326 | 397 | 552 | 381 | 5.3% |
| Total | 916 | 1,017 | 1,413 | 1,485 | 17.5% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Turkey in 2022:
- Morocco (47.5K units)
- Iraq (35.4K units)
- Bosnia and Herzegovina (32.1K units)
- Tunisia (25.1K units)
- Israel (15.9K units)
- Moldova (14.7K units)
- Serbia (14.5K units)
- Croatia (14.3K units)
- Greece (11.4K units)
- Libya (7.6K units)
- Netherlands (6.6K units)
- Germany (6.6K units)
- United Kingdom (5.9K units)
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Turkey
In 2022, supplies from abroad of clocks; wall clocks, battery, accumulator or mains powereds was finally on the rise to reach 101K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a pronounced descent. Over the period under review, imports of attained the peak figure at 116K 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 expanded remarkably to $1.2M in 2022. Overall, imports, however, saw a abrupt downturn. Over the period under review, imports of attained the peak figure at $2.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 970 | 506 | 603 | 485 | -20.6% |
| France | 356 | 352 | 299 | 386 | 2.7% |
| Iran | 2.4 | N/A | 4.4 | 18.4 | 97.2% |
| Belarus | 49.5 | 55.2 | 33.4 | 6.2 | -50.0% |
| Vietnam | 20.8 | 17.7 | 8.0 | 2.1 | -53.4% |
| Others | 733 | 770 | 230 | 351 | -21.8% |
| Total | 2,131 | 1,702 | 1,177 | 1,249 | -16.3% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Turkey in 2022:
- China (87.8K units)
- Iran (4.8K units)
- France (3.5K units)
- Belarus (1.5K units)
- Vietnam (0.3K units)
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