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

Contents:

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

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

The average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $23 per unit in 2022, picking up by 1.9% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds increased by +2.1% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 59%. Over the period under review, the average export prices reached the maximum at $25 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($26 per unit), while the average price for exports to Australia ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $6.1 per unit in 2022, dropping by -19.1% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds increased by +9.4% against 2019 indices. The pace of growth appeared the most rapid in 2018 an increase of 43%. As a result, import price attained the peak level of $11 per unit. From 2019 to 2022, the average import prices remained at a 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 Poland ($16 per unit), while the price for Hungary ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%), while the prices for the other major suppliers experienced a decline.

Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Slovenia

In 2022, the amount of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds exported from Slovenia fell significantly to 8.9K units, which is down by -41.8% compared with 2021 figures. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. As a result, the exports reached the peak of 15K units, and then declined rapidly in the following year.

In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds declined rapidly to $205K in 2022. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 58% against the previous year. The exports peaked at $351K 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 Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States185160269143-8.2%
United Kingdom93.649.857.355.8-15.8%
Australia52.45.35.83.2-60.6%
Ireland1.20.8N/A2.222.4%
Japan13.62.813.6N/A0.0%
Others5.00.30.20.5-53.6%
Total351219346205-16.4%

Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Slovenia in 2022:

  1. United States (6.4K units)
  2. United Kingdom (2.1K units)
  3. Australia (0.2K units)
  4. Ireland (0.1K units)

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

After two years of decline, purchases abroad of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds increased by 77% to 3.5K units in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump. Over the period under review, imports of attained the maximum at 5.5K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds surged to $22K in 2022. In general, imports, however, faced a deep setback. Over the period under review, imports of attained the maximum at $31K 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 Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.810.39.110.756.3%
Italy0.63.34.25.2105.4%
Czech Republic2.11.21.02.810.1%
Poland4.90.10.21.7-29.7%
Hungary0.4N/AN/A0.720.5%
Netherlands6.30.40.10.2-68.3%
China8.9N/A0.10.2-71.8%
SlovakiaN/A0.5N/AN/A0%
Greece0.50.5N/AN/A0.0%
PortugalN/A1.3N/AN/A0%
Others4.22.10.40.1-71.2%
Total30.519.815.121.6-10.9%

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

  1. Germany (1454.0 units)
  2. Italy (1101.0 units)
  3. Czech Republic (471.0 units)
  4. Hungary (324.0 units)
  5. Poland (111.0 units)
  6. China (34.0 units)
  7. Netherlands (28.0 units)
  8. Slovakia (1.0 units)

Source: IndexBox Market Intelligence Platform

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