Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Norway - 2024
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Norway (CIF) - 2022
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Norway (FOB) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Norway
- Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Norway
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Norway (CIF) - 2022
In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $27 per unit, with an increase of 15% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 69% against the previous year. Over the period under review, average import prices reached the maximum at $47 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 Japan ($79 per unit), while the price for Latvia ($9.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.7%), while the prices for the other major suppliers experienced a decline.
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Norway (FOB) - 2022
In 2022, the average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $212 per unit, jumping by 27% against the previous year. In general, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2019 an increase of 1,211%. As a result, the export price attained the peak level of $377 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +33.2% per year.
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Norway
After three years of growth, overseas purchases of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds decreased by -27.6% to 3.1K units in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 40%. Over the period under review, imports of attained the peak figure at 4.3K units in 2021, and then fell dramatically in the following year.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds declined notably to $83K in 2022. Overall, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2021 when imports increased by 6.6% against the previous year. As a result, imports attained the peak of $100K, and then reduced notably in the following year.
| Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 61.7 | 53.8 | 45.8 | 36.2 | -16.3% |
| Sweden | 7.5 | 26.7 | 38.7 | 17.9 | 33.6% |
| Japan | N/A | N/A | N/A | 15.1 | 0% |
| Latvia | N/A | N/A | N/A | 1.0 | 0% |
| Others | 22.3 | 13.2 | 15.5 | 13.0 | -16.5% |
| Total | 91.5 | 93.8 | 100 | 83.1 | -3.2% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Norway in 2022:
- China (2194.0 units)
- Sweden (544.0 units)
- Japan (192.0 units)
- Latvia (100.0 units)
Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Norway
In 2022, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds from Norway dropped significantly to 1 units, reducing by -93.3% against the previous year. In general, exports continue to indicate a significant contraction. The growth pace was the most rapid in 2021 with an increase of 275% against the previous year. The exports peaked at 18 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds contracted dramatically to $212 in 2022. Overall, exports faced a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 474%. Over the period under review, the exports of reached the peak figure at $6.8K 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 Norway (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 212 | 0% |
| Cameroon | 85.0 | N/A | N/A | N/A | 0% |
| Denmark | 417 | N/A | 1,684 | N/A | 101.0% |
| Sweden | 105 | 434 | 699 | N/A | 158.0% |
| Cyprus | 57.0 | N/A | N/A | N/A | 0% |
| Finland | 2,823 | N/A | N/A | N/A | 0% |
| Iceland | 3,300 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | 4.0 | 129 | N/A | 3125.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6,787 | 438 | 2,512 | 212 | -68.5% |
Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Norway in 2022:
- Canada (1.0 units)
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