Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Vietnam - 2022
Contents:
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Vietnam (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Vietnam (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Vietnam
- Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Vietnam
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Vietnam (CIF) - 2022
The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $40 per unit in 2022, rising by 167% against the previous year. Over the period under review, the import price recorded a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($42 per unit), while the price for Japan ($27 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+83.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Vietnam (FOB) - 2022
The average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $2,376 per unit in 2022, picking up by 670% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,368 per unit), while the average price for exports to China ($667 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 Switzerland (+154.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Vietnam
Imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds into Vietnam surged to 1.3K units in 2022, with an increase of 79% against 2021 figures. In general, imports, however, recorded a slight slump. Imports peaked at 1.4K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds surged to $53K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.5 | 0.8 | 0.3 | 48.4 | 359.2% |
| Japan | 5.0 | 1.1 | 0.7 | 3.4 | -12.1% |
| Indonesia | N/A | N/A | N/A | 1.1 | 0% |
| Thailand | 0.2 | 0.4 | 0.2 | N/A | 0.0% |
| South Korea | 1.6 | 0.3 | 1.2 | N/A | -13.4% |
| India | 0.1 | N/A | N/A | N/A | 0% |
| Poland | 4.0 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 1.8 | 4.1 | 2.7 | N/A | 22.5% |
| Italy | 3.4 | 3.9 | 4.2 | N/A | 11.1% |
| Turkey | 5.8 | 1.0 | N/A | N/A | -82.8% |
| Others | 2.2 | 4.2 | 1.9 | N/A | -7.1% |
| Total | 24.6 | 15.7 | 11.1 | 52.9 | 29.1% |
Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to Vietnam in 2022:
- China (1163.0 units)
- Japan (126.0 units)
- Indonesia (27.0 units)
Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Vietnam
In 2022, shipments abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds decreased by -96% to 14 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 102% against the previous year. As a result, the exports reached the peak of 347 units, and then reduced remarkably in the following year.
In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds reduced notably to $33K in 2022. Overall, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 318% against the previous year. The exports peaked at $107K in 2021, and then shrank dramatically in the following year.
| Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.1 | 5.4 | 10.9 | 16.1 | 444.0% |
| Switzerland | N/A | N/A | N/A | 12.9 | 0% |
| United Kingdom | 0.5 | 1.9 | 1.3 | 1.8 | 53.3% |
| Germany | 0.3 | 1.0 | 1.1 | 1.7 | 78.3% |
| China | N/A | N/A | N/A | 0.7 | 0% |
| Hong Kong SAR | N/A | 17.3 | 42.0 | N/A | 142.8% |
| Taiwan (Chinese) | 12.4 | 14.1 | 38.3 | N/A | 75.7% |
| Others | 7.3 | 46.0 | 13.5 | N/A | 36.0% |
| Total | 20.5 | 85.6 | 107 | 33.3 | 17.6% |
Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from Vietnam in 2022:
- Switzerland (6.0 units)
- United States (3.0 units)
- Germany (2.0 units)
- United Kingdom (2.0 units)
- China (1.0 units)
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