Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Israel - 2022

Contents:

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

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

In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $14 per unit, increasing by 10% against the previous year. Overall, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 16% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($40 per unit), while the price for China ($7.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+22.2%), 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 Israel

After two years of decline, supplies from abroad of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds increased by 86% to 3.3K units in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. Imports peaked at 6.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds skyrocketed to $45K in 2022. In general, imports, however, showed a abrupt contraction. Imports peaked at $65K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China59.016.019.023.0-26.9%
Czech RepublicN/AN/AN/A4.00%
TurkeyN/AN/A1.02.0100.0%
Others6.04.02.016.038.7%
Total65.020.022.045.0-11.5%

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

  1. China (3041.0 units)
  2. Czech Republic (99.0 units)
  3. Turkey (50.0 units)

Source: IndexBox Market Intelligence Platform

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