Price for Clock Movements; Complete and Assembled in Costa Rica - 2022
Contents:
- Price for Clock Movements; Complete and Assembled in Costa Rica (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Costa Rica (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Costa Rica
- Exports of Clock Movements; Complete and Assembled in Costa Rica
Price for Clock Movements; Complete and Assembled in Costa Rica (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $33 per unit in 2022, growing by 65% against the previous year. In general, the import price, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2020 when the average import price increased by 115% against the previous year. The import price peaked at $51 per unit in 2012; however, from 2013 to 2022, 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 the United States ($35 per unit), while the price for China stood at $22 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Clock Movements; Complete and Assembled in Costa Rica (FOB) - 2022
The average export price for clock movements; complete and assembleds stood at $114 per unit in 2022, surging by 12% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clock movements; complete and assembled export price decreased by -23.1% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 73% against the previous year. The export price peaked at $148 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($143 per unit), while the average price for exports to Nicaragua ($7 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 Guatemala (+84.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Clock Movements; Complete and Assembled in Costa Rica
In 2022, clock movements; complete and assembled imports into Costa Rica soared to 4K units, rising by 118% on the previous year's figure. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, clock movements; complete and assembled imports skyrocketed to $134K in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Clock Movements; Complete and Assembled in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.1 | 59.2 | 27.4 | 121 | 170.7% |
| China | 6.7 | 2.8 | 4.7 | 13.2 | 25.4% |
| Germany | 1.9 | 1.5 | 1.1 | N/A | -23.9% |
| Others | 6.3 | 2.5 | 4.3 | N/A | -17.4% |
| Total | 21.0 | 66.0 | 37.4 | 134 | 85.5% |
Top Suppliers of Clock Movements; Complete and Assembled to Costa Rica in 2022:
- United States (3.4K units)
- China (0.6K units)
Exports of Clock Movements; Complete and Assembled in Costa Rica
In 2022, shipments abroad of clock movements; complete and assembleds was finally on the rise to reach 9 units after two years of decline. Overall, exports posted a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, clock movements; complete and assembled exports skyrocketed to $1K in 2022. In general, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Clock Movements; Complete and Assembled in Costa Rica (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 439 | 288 | 165 | 999 | 31.5% |
| United States | 24.0 | 249 | 173 | 20.0 | -5.9% |
| Nicaragua | N/A | N/A | N/A | 7.0 | 0% |
| Colombia | N/A | N/A | 3.0 | N/A | 0% |
| Canada | 538 | 204 | 67.0 | N/A | -64.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,001 | 741 | 408 | 1,026 | 0.8% |
Top Export Markets for Clock Movements; Complete and Assembled from Costa Rica in 2022:
- Panama (7.0 units)
- United States (1.0 units)
- Nicaragua (1.0 units)
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