Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Bulgaria - 2023
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Bulgaria (CIF) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Bulgaria
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Bulgaria (CIF) - 2022
The average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $0.9 per unit in 2022, growing by 6.2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 146%. Over the period under review, average import prices attained the peak figure at $1.7 per unit in 2017; however, from 2018 to 2022, 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 Germany ($8.7 per unit), while the price for China ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Bulgaria
In 2022, the amount of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds imported into Bulgaria soared to 81K units, growing by 79% on the year before. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 soared to $71K in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.6 | 29.2 | 24.1 | 41.1 | 15.6% |
| Hungary | N/A | N/A | N/A | 9.7 | 0% |
| Turkey | 0.7 | 6.9 | 7.4 | 4.2 | 81.7% |
| Others | 18.5 | 15.6 | 5.8 | 15.9 | -4.9% |
| Total | 45.9 | 51.6 | 37.3 | 70.9 | 15.6% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Bulgaria in 2022:
- China (73.8K units)
- Hungary (3.5K units)
- Turkey (1.2K units)
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