Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Ecuador - 2022
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Ecuador (CIF) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Ecuador
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Ecuador (CIF) - 2022
The average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $3.4 per unit in 2022, with a decrease of -13.3% against the previous year. Overall, the import price showed a pronounced downturn. The growth pace was the most rapid in 2015 when the average import price increased by 30% against the previous year. As a result, import price attained the peak level of $6.5 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4.6 per unit), while the price for China stood at $3.3 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+14.1%), 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 Ecuador
In 2022, overseas purchases of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds decreased by -74.7% to 1.6K units for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 198% against the previous year. As a result, imports attained the peak of 6.3K units, and then declined remarkably in the following year.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds dropped sharply to $5.3K in 2022. Overall, imports showed a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 260%. As a result, imports reached the peak of $24K, and then shrank rapidly in the following year.
Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.9 | 2.1 | 14.1 | 5.0 | 38.1% |
United States | 0.6 | 0.3 | 0.1 | 0.4 | -12.6% |
Hong Kong SAR | 0.3 | 0.2 | 0.6 | N/A | 41.4% |
Switzerland | 3.0 | 3.1 | 7.4 | N/A | 57.1% |
Peru | 0.7 | 0.6 | 1.3 | N/A | 36.3% |
Others | 0.6 | 0.5 | 0.9 | N/A | 22.5% |
Total | 7.1 | 6.8 | 24.4 | 5.3 | -9.3% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Ecuador in 2022:
- China (1502.0 units)
- United States (83.0 units)
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