Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Colombia - 2022
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Colombia (CIF) - 2022
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Colombia (FOB) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Colombia
- Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Colombia
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Colombia (CIF) - 2022
The average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $1.5 per unit in 2022, reducing by -39.5% against the previous year. Overall, the import price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 200% against the previous year. Over the period under review, average import prices reached the peak figure at $2.4 per unit in 2021, and then fell dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7 per unit), while the price for China ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Colombia (FOB) - 2022
In 2022, the average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $1.4 per unit, growing by 40% against the previous year. Over the period under review, the export price, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2014 when the average export price increased by 62%. The export price peaked at $4 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($2 per unit), while the average price for exports to Costa Rica ($1 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 Peru (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Colombia
In 2022, supplies from abroad of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds increased by 58% to 37K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt shrinkage. Over the period under review, imports of reached the maximum at 62K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds dropped modestly to $55K in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. As a result, imports attained the peak of $57K, and then reduced in the following year.
Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 20.8 | 14.2 | 19.3 | 38.8 | 23.1% |
United States | 0.1 | 1.8 | 2.7 | 10.9 | 377.7% |
Switzerland | 2.4 | 3.0 | 1.5 | 4.3 | 21.5% |
Hong Kong SAR | 1.9 | 1.9 | 1.5 | N/A | -11.1% |
Panama | 20.3 | 4.4 | 19.4 | N/A | -2.2% |
Mexico | 2.9 | 4.0 | 4.0 | N/A | 17.4% |
Others | 6.4 | 7.9 | 8.9 | 0.6 | -54.6% |
Total | 54.9 | 37.1 | 57.3 | 54.6 | -0.2% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Colombia in 2022:
- China (34.0K units)
- United States (1.6K units)
- Switzerland (1.3K units)
Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Colombia
For the third consecutive year, Colombia recorded decline in shipments abroad of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds, which decreased by -16.7% to 5 units in 2022. Over the period under review, exports continue to indicate a dramatic shrinkage. The smallest decline of -14.3% was in 2021. Over the period under review, the exports of attained the peak figure at 2.3K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds surged to $7 in 2022. In general, exports saw a sharp setback. Over the period under review, the exports of attained the peak figure at $8K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Colombia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 636 | 5.0 | 1.0 | 2.0 | -85.3% |
Venezuela | 493 | 4.0 | 1.0 | 2.0 | -84.1% |
Panama | 478 | 1.0 | 1.0 | 1.0 | -87.2% |
Costa Rica | 35.0 | 1.0 | 1.0 | 1.0 | -69.4% |
United States | 68.0 | 1.0 | 1.0 | 1.0 | -75.5% |
El Salvador | 127 | N/A | N/A | N/A | 0% |
Mexico | 5,494 | N/A | N/A | N/A | 0% |
Chile | 636 | N/A | N/A | N/A | 0% |
Others | 56.0 | N/A | 1.0 | N/A | -86.6% |
Total | 8,023 | 12.0 | 6.0 | 7.0 | -90.4% |
Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Colombia in 2022:
- United States (1.0 units)
- Panama (1.0 units)
- Venezuela (1.0 units)
- Costa Rica (1.0 units)
- Peru (1.0 units)
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