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

Contents:

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

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

In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $1 per unit, with a decrease of -58.6% against the previous year. In general, the import price showed a pronounced downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 122%. As a result, import price reached the peak level of $2.5 per unit, and then declined markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +9.4% per year.

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

The average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $1 per unit in 2022, approximately equating the previous year. Overall, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 1%. Over the period under review, the average export prices reached the peak figure at $4.8 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($4.8 per unit), while the average price for exports to Spain ($0.4 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 Cyprus (+1.1%), 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 Greece

In 2022, after two years of decline, there was significant growth in overseas purchases of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds, when their volume increased by 371% to 259K units. In general, imports continue to indicate 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 $268K in 2022. Over the period under review, imports posted mild growth. As a result, imports attained 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 Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16110360.41895.5%
Others96.815.377.078.9-6.6%
Total2571181372681.4%

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

  1. China (257.0K units)

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

In 2022, approx. 144K units of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were exported from Greece; increasing by 407% against the previous year's figure. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds soared to $146K in 2022. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.24.03.231.0437.2%
Romania1.30.40.629.1181.8%
HungaryN/A1.09.027.0419.6%
EstoniaN/AN/AN/A18.10%
SlovakiaN/AN/AN/A13.10%
PolandN/AN/AN/A5.40%
SpainN/A1.10.44.193.1%
GermanyN/AN/A8.73.0-65.5%
France22.8N/A0.80.1-83.6%
Others7.05.35.915.229.5%
Total31.311.828.614667.1%

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

  1. Italy (42.3K units)
  2. Hungary (33.9K units)
  3. Romania (17.6K units)
  4. Slovakia (14.3K units)
  5. Poland (11.3K units)
  6. Spain (10.8K units)
  7. Estonia (8.5K units)
  8. Germany (2.4K units)

Source: IndexBox Market Intelligence Platform

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