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

Contents:

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

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

The average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $48 per unit in 2022, picking up by 19% against the previous year. Over the period under review, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2018 an increase of 92%. As a result, import price attained the peak level of $50 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($48 per unit), while the price for the United States totaled $48 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.0%).

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

After two years of decline, overseas purchases of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds increased by 330% to 378 units in 2022. Over the period under review, imports, however, showed a drastic downturn. Over the period under review, imports of hit record highs at 534 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 $18K in 2022. In general, imports saw a prominent increase. 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 Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.98.83.513.4-3.5%
United StatesN/AN/AN/A4.70%
Others0.2N/AN/AN/A0%
Total15.18.83.518.16.2%

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

  1. China (279.0 units)
  2. United States (99.0 units)

Source: IndexBox Market Intelligence Platform

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