Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Azerbaijan - 2023
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Azerbaijan (CIF) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Azerbaijan
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Azerbaijan (CIF) - 2022
In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $28 per unit, rising by 6.5% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 281%. As a result, import price reached the peak level of $62 per unit. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($358 per unit), while the price for China ($2.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Azerbaijan
After two years of decline, supplies from abroad of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds increased by 91% to 999 units in 2022. In general, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds surged to $28K in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1.0 | 7.0 | 4.8 | 21.5 | 178.1% |
| Turkey | 0.3 | 1.2 | 2.4 | 5.5 | 163.7% |
| China | 1.2 | 1.2 | 0.1 | 0.2 | -45.0% |
| Poland | 0.9 | 1.3 | 1.9 | N/A | 45.3% |
| Portugal | 1.1 | 1.1 | 1.3 | N/A | 8.7% |
| Others | 4.2 | 2.9 | 3.0 | 0.4 | -54.3% |
| Total | 8.7 | 14.7 | 13.6 | 27.6 | 46.9% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Azerbaijan in 2022:
- Turkey (866.0 units)
- China (71.0 units)
- Switzerland (60.0 units)
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