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

Contents:

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

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

In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $13 per unit, shrinking by -8.6% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable increase. The pace of growth appeared the most rapid in 2017 an increase of 131% against the previous year. As a result, import price reached the peak level of $21 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($24 per unit), while the price for China ($4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.5%), 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 the Czech Republic (FOB) - 2022

In 2022, the average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $7.9 per unit, increasing by 8.5% against the previous year. Overall, the export price, however, continues to indicate a mild descent. The pace of growth appeared the most rapid in 2017 when the average export price increased by 131% against the previous year. The export price peaked at $32 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($16 per unit), while the average price for exports to Latvia ($1.2 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 Hungary (+3.1%), 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 the Czech Republic

Imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds into the Czech Republic reduced dramatically to 46K units in 2022, waning by -32.3% against 2021 figures. In general, imports saw a significant decline. The smallest decline of -2.4% was in 2021. Over the period under review, imports of reached the peak figure at 384K 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 declined dramatically to $607K in 2022. Overall, imports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Imports peaked at $5.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,409353572243-58.5%
China35878.094.6103-34.0%
Poland14957.316.163.4-24.8%
France89.717.18.818.6-40.8%
Hong Kong SAR0.41.37.010.4196.2%
Slovakia1420.75.05.1-67.0%
Others1,112287278164-47.2%
Total5,260794981607-51.3%

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

  1. China (25.9K units)
  2. Germany (10.2K units)
  3. Poland (3.4K units)
  4. France (1.4K units)
  5. Hong Kong SAR (1.3K units)
  6. Slovakia (0.4K units)

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

For the third year in a row, the Czech Republic recorded decline in shipments abroad of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds, which decreased by -5.8% to 16K units in 2022. Over the period under review, exports showed a sharp contraction. Over the period under review, the exports of reached the maximum at 144K 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 rose slightly to $130K in 2022. In general, exports recorded a sharp decline. Over the period under review, the exports of reached the peak figure at $2.9M 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 the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1236.26.056.9-22.7%
Slovakia29919.919.825.3-56.1%
Germany70131.225.019.1-69.9%
Hungary57.317.013.013.8-37.8%
Latvia3050.80.90.9-85.7%
Italy4011.14.00.6-88.6%
Switzerland34.3101N/A0.1-85.7%
Spain2750.22.90.1-92.9%
Others71352.255.713.3-73.5%
Total2,909229127130-64.5%

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

  1. Poland (6.2K units)
  2. Slovakia (4.0K units)
  3. Hungary (3.1K units)
  4. Germany (1.6K units)
  5. Latvia (0.7K units)

Source: IndexBox Market Intelligence Platform

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