Price for Clock Movements; Complete and Assembled in Ireland - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Ireland (CIF) - 2022
- Price for Clock Movements; Complete and Assembled in Ireland (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled in Ireland
- Exports of Clock Movements; Complete and Assembled in Ireland
Price for Clock Movements; Complete and Assembled in Ireland (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembleds amounted to $2.9 per unit, remaining stable against the previous year. Overall, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2019 when the average import price increased by 65% against the previous year. As a result, import price attained the peak level of $19 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
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 Switzerland ($76 per unit), while the price for Bangladesh ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled in Ireland (FOB) - 2022
The average export price for clock movements; complete and assembleds stood at $16 per unit in 2022, approximately equating the previous year. Overall, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 57% against the previous year. As a result, the export price attained the peak level of $179 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($206 per unit), while the average price for exports to the UK totaled $103 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.6%).
Imports of Clock Movements; Complete and Assembled in Ireland
In 2022, purchases abroad of clock movements; complete and assembleds decreased by 0% to 94K units, falling for the second consecutive year after two years of growth. In general, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 232% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, clock movements; complete and assembled imports amounted to $272K in 2022. Overall, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 180% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Clock Movements; Complete and Assembled in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | N/A | N/A | N/A | 156 | 0% |
| United Kingdom | 22.5 | 64.3 | N/A | 37.2 | 18.2% |
| China | 0.5 | 5.5 | N/A | 26.2 | 274.2% |
| Others | 4.4 | 6.7 | N/A | 53.1 | 129.4% |
| Total | 27.4 | 76.5 | N/A | 272 | 114.9% |
Top Suppliers of Clock Movements; Complete and Assembled to Ireland in 2022:
- Bangladesh (87.4K units)
- China (4.0K units)
- United Kingdom (1.2K units)
Exports of Clock Movements; Complete and Assembled in Ireland
In 2022, clock movements; complete and assembled exports from Ireland totaled 249 units, almost unchanged from 2021. In general, exports enjoyed significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, clock movements; complete and assembled exports totaled $4.1K in 2022. Overall, exports showed a dramatic shrinkage. The smallest decline of 99.9% was in 2021. The exports peaked at $7.8K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Clock Movements; Complete and Assembled in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 6.6 | N/A | 2.3 | -41.0% | |
| United Kingdom | N/A | N/A | 0.4 | 0% | |
| Australia | 1.1 | N/A | N/A | 0% | |
| Others | N/A | N/A | 1.4 | 0% | |
| Total | 7.8 | N/A | 4.1 | -27.5% | |
Top Export Markets for Clock Movements; Complete and Assembled from Ireland in 2022:
- United States (11.0 units)
- United Kingdom (4.0 units)
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