Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Finland - 2023

Contents:

  1. Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Finland (CIF) - 2022
  2. Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Finland (FOB) - 2022
  3. Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Finland
  4. Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Finland

Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Finland (CIF) - 2022

In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $7.5 per unit, falling by -43.7% against the previous year. In general, the import price, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 176%. As a result, import price reached the peak level of $32 per unit. From 2020 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 Poland ($30 per unit), while the price for China ($4.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+45.6%), 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 Finland (FOB) - 2022

The average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $8 per unit in 2022, falling by -7.3% against the previous year. Over the period under review, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2015 an increase of 223%. As a result, the export price reached the peak level of $330 per unit. From 2016 to 2022, the average export prices remained at a somewhat 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 Estonia ($24 per unit), while the average price for exports to France ($6.8 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 Australia (+12.0%), while the prices for the other major destinations experienced a decline.

Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Finland

In 2022, approx. 12K units of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were imported into Finland; growing by 221% compared with the year before. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 324% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds soared to $87K in 2022. Over the period under review, imports, however, continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 137%. Over the period under review, imports of attained the peak figure at $101K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/AN/A64.20%
China17.14.132.411.1-13.4%
Sweden1.13.84.18.799.2%
Germany8.9N/A0.10.7-57.2%
Netherlands10.51.10.50.2-73.3%
Poland12.10.30.10.1-79.8%
Others50.911.010.81.9-66.6%
Total10120.348.186.9-4.9%

Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Finland in 2022:

  1. Hong Kong SAR (7.8K units)
  2. China (2.7K units)
  3. Sweden (1.0K units)
  4. Germany (0.1K units)

Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Finland

In 2022, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds from Finland shrank sharply to 819 units, waning by -33.5% on the year before. Overall, exports recorded a sharp shrinkage. The growth pace was the most rapid in 2021 when exports increased by 27%. Over the period under review, the exports of hit record highs at 2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds dropped rapidly to $6.6K in 2022. Over the period under review, exports saw a precipitous slump. The growth pace was the most rapid in 2021 when exports increased by 31% against the previous year. The exports peaked at $130K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden3.83.85.42.7-10.8%
France1.32.11.71.2-2.6%
Norway0.50.30.50.817.0%
Netherlands0.30.90.60.518.6%
Italy0.1N/A0.40.344.2%
Australia0.20.10.50.20.0%
Belgium0.10.30.30.226.0%
Estonia7.9N/AN/A0.1-76.7%
Russia109N/AN/AN/A0%
Latvia2.7N/AN/AN/A0%
Lithuania1.8N/AN/AN/A0%
Others2.30.51.30.6-36.1%
Total1308.110.66.6-63.0%

Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Finland in 2022:

  1. Sweden (317.0 units)
  2. France (176.0 units)
  3. Norway (114.0 units)
  4. Netherlands (64.0 units)
  5. Italy (31.0 units)
  6. Belgium (23.0 units)
  7. Australia (22.0 units)
  8. Estonia (4.0 units)

Source: IndexBox Market Intelligence Platform

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