Price for Clock Movements; Complete and Assembled, Electrically Operated in Japan - 2022
Contents:
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Japan (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Japan (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Electrically Operated in Japan
- Exports of Clock Movements; Complete and Assembled, Electrically Operated in Japan
Price for Clock Movements; Complete and Assembled, Electrically Operated in Japan (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $3.7 per unit, growing by 44% against the previous year. Over the period under review, the import price posted a modest expansion. The pace of growth was the most pronounced in 2019 an increase of 92%. As a result, import price reached the peak level of $8.2 per unit. From 2020 to 2022, the average import prices remained at a 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 ($3.7 per unit), while the price for Thailand stood at $3.7 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.8%), while the prices for the other major suppliers experienced a decline.
Price for Clock Movements; Complete and Assembled, Electrically Operated in Japan (FOB) - 2022
The average export price for clock movements; complete and assembled, electrically operateds stood at $9.7 per unit in 2022, declining by -14.5% against the previous year. Over the period under review, the export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2020 an increase of 38%. As a result, the export price reached the peak level of $13 per unit. From 2021 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +17.8% per year.
Imports of Clock Movements; Complete and Assembled, Electrically Operated in Japan
After three years of growth, supplies from abroad of clock movements; complete and assembled, electrically operateds decreased by -22.3% to 438K units in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 181%. Over the period under review, imports of reached the peak figure at 563K units in 2021, and then declined notably in the following year.
In value terms, imports of clock movements; complete and assembled, electrically operateds totaled $1.6M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Clock Movements; Complete and Assembled, Electrically Operated in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 747 | 593 | 750 | 1,023 | 11.0% |
| Thailand | 569 | 433 | 368 | 566 | -0.2% |
| Hong Kong SAR | 4.5 | 223 | 297 | N/A | 712.4% |
| Others | 156 | 42.2 | 32.3 | 34.2 | -39.7% |
| Total | 1,477 | 1,290 | 1,447 | 1,623 | 3.2% |
Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Japan in 2022:
- China (278.0K units)
- Thailand (153.8K units)
Exports of Clock Movements; Complete and Assembled, Electrically Operated in Japan
In 2022, approx. 29K units of clock movements; complete and assembled, electrically operateds were exported from Japan; growing by 14% against 2021 figures. Overall, exports showed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 155% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of clock movements; complete and assembled, electrically operateds dropped modestly to $280K in 2022. Over the period under review, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 116%. As a result, the exports reached the peak of $288K, and then declined in the following year.
| Export of Clock Movements; Complete and Assembled, Electrically Operated in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 85.8 | 32.9 | 104 | 262 | 45.1% |
| Argentina | 15.7 | 9.0 | 12.1 | N/A | -12.2% |
| China | 1.9 | 53.0 | 122 | N/A | 701.3% |
| Germany | 16.3 | 3.0 | 7.0 | N/A | -34.5% |
| Others | 81.0 | 35.3 | 43.4 | 18.3 | -39.1% |
| Total | 201 | 133 | 288 | 280 | 11.7% |
Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Japan in 2022:
- Hong Kong SAR (28.6K units)
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