Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Luxembourg - 2023
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Luxembourg (CIF) - 2022
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Luxembourg (FOB) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Luxembourg
- Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Luxembourg
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Luxembourg (CIF) - 2022
In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $65 per unit, jumping by 37% against the previous year. Overall, the import price showed buoyant growth. The pace of growth was the most pronounced in 2017 an increase of 597%. The import price peaked at $96 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($146 per unit), while the price for China ($2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+19.7%), 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 Luxembourg (FOB) - 2022
The average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $63 per unit in 2022, rising by 14% against the previous year. Overall, the export price continues to indicate a significant increase. The growth pace was the most rapid in 2021 when the average export price increased by 249% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($63 per unit), while the average price for exports to Germany amounted to $61 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+25.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Luxembourg
In 2022, after two years of decline, there was significant growth in supplies from abroad of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds, when their volume increased by 166% to 2.5K units. Over the period under review, imports, however, continue to indicate a abrupt decline. Over the period under review, imports of reached the maximum at 4.8K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds soared to $166K in 2022. In general, imports, however, recorded a abrupt curtailment. Over the period under review, imports of reached the maximum at $236K 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 Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 26.4 | 5.8 | 5.1 | 120 | 65.7% |
| Belgium | N/A | 49.5 | 31.4 | 23.9 | -30.5% |
| France | 12.7 | 4.5 | 8.0 | 17.8 | 11.9% |
| Spain | 2.4 | N/A | 0.3 | 3.0 | 7.7% |
| Netherlands | 0.2 | N/A | N/A | 2.0 | 115.4% |
| Poland | 18.6 | 0.3 | 0.1 | 0.1 | -82.5% |
| Hong Kong SAR | 11.3 | N/A | N/A | N/A | 0% |
| China | 0.5 | N/A | N/A | N/A | 0% |
| United Kingdom | 16.2 | 0.4 | 0.1 | N/A | -92.1% |
| Others | 148 | 34.2 | 0.7 | N/A | -93.1% |
| Total | 236 | 94.7 | 45.7 | 166 | -11.1% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Luxembourg in 2022:
- Belgium (900.0 units)
- Germany (818.0 units)
- France (462.0 units)
- Netherlands (271.0 units)
- Spain (89.0 units)
- Poland (3.0 units)
- China (2.0 units)
Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Luxembourg
In 2022, the amount of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds exported from Luxembourg fell remarkably to 1.2K units, dropping by -16.8% against the previous year. In general, exports faced a sharp descent. Over the period under review, the exports of reached the peak figure at 19K 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 declined to $79K in 2022. Overall, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. Over the period under review, the exports of attained the maximum at $345K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 79.9 | 62.5 | 17.3 | 74.3 | -2.4% |
| Germany | 218 | N/A | 65.9 | 4.1 | -73.4% |
| Belgium | 26.4 | N/A | N/A | N/A | 0% |
| Slovenia | 3.0 | N/A | N/A | N/A | 0% |
| United Kingdom | 12.5 | 8.3 | N/A | N/A | -33.6% |
| Netherlands | 4.6 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Total | 345 | 70.8 | 83.2 | 78.7 | -38.9% |
Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Luxembourg in 2022:
- France (1172.0 units)
- Germany (68.0 units)
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