Asia: Clock Market 2020

Clock Market Size in Asia

The revenue of the clock market in Asia amounted to $X in 2017, therefore, remained relatively stable against the previous year. The total market indicated a perceptible expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the clock consumption decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2012, with an increase of X% year-to-year. The level of clock consumption peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Clock Production in Asia

In 2017, production of instrument panel and wall clocks in Asia amounted to X tons, waning by -X% against the previous year. The clock production continues to indicate a mild descent. The most prominent rate of growth was recorded in 2009, when the output figure increased by X% year-to-year. Over the period under review, the clock production attained its peak figure volume of X tons in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Clock Exports in Asia

In 2017, approx. X tons of instrument panel and wall clocks were exported in Asia; shrinking by -X% against the previous year. The clock exports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. In that year, the clock exports reached their peak volume of X tons. From 2011 to 2017, growth of the clock exports stood at a somewhat lower level.

In value terms, clock exports totaled $X in 2017. The clock exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Clock Exports by Country in Asia

China prevails in clock exports structure, finishing at X tons, which was approx. X% of total exports in 2017. China, Hong Kong SAR (X tons) held the minor share of total exports.

China was also the fastest growing in terms of the instrument panel and wall clocks exports, with a CAGR of -X% from 2007 to 2017. China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%) and China (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest clock supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports.

In China, clock exports expanded at an average annual rate of +X% over the period from 2007-2017.

Clock Export Prices by Country in Asia

The clock export price in Asia stood at $X per ton in 2017, therefore, remained relatively stable against the previous year. The export price indicated a strong increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the clock export price decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2008, when the export prices increased by X% y-o-y. The level of export price peaked of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China, Hong Kong SAR ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR (+X% per year).

Clock Imports in Asia

In 2017, the amount of instrument panel and wall clocks imported in Asia totaled X tons, going down by -X% against the previous year. The clock imports continue to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2010, when imports increased by X% against the previous year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, clock imports totaled $X in 2017. The clock imports continue to indicate a mild deduction. Over the period under review, the clock imports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Clock Imports by Country in Asia

In 2017, Japan (X tons), distantly followed by China, Hong Kong SAR (X tons), India (X tons), Malaysia (X tons), the Philippines (X tons) and Thailand (X tons) were the key importers of instrument panel and wall clocks, together achieving X% of total imports. China (X tons), South Korea (X tons), the United Arab Emirates (X tons), Taiwan, Chinese (X tons), Saudi Arabia (X tons) and Turkey (X tons) held the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest clock markets worldwide were Japan ($X), China, Hong Kong SAR ($X) and South Korea ($X), with a combined X% share of total imports. These countries were followed by China, the United Arab Emirates, Malaysia, India, Saudi Arabia, Thailand, Turkey, Taiwan, Chinese and the Philippines, which together accounted for a further X%.

Among the main importing countries , the Philippines (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Clock Import Prices by Country in Asia

In 2017, the clock import price in Asia amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when the import prices increased by X% against the previous year. Over the period under review, the import prices for instrument panel and wall clocks reached its peak figure level in 2017, and is likely to see steady growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform