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

Contents:

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

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

The average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $1,250 per unit in 2022, flattening at the previous year. Over the period under review, the import price enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 47,641% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

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

From 2014 to 2022, the rate of growth in terms of prices for India amounted to +285.7% per year.

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

In 2022, approx. 1 units of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were imported into Myanmar; remaining constant against the previous year. In general, imports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $1.2K in 2022. Over the period under review, imports showed a significant increase. The smallest decline of -92.6% was in 2020. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Myanmar (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A1,2500%
VietnamN/A10.0N/AN/A0%
South Korea135N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total13510.0N/A1,250110.0%

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

  1. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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