Price for Clock Movements; Complete and Assembled in Thailand - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Thailand (FOB) - 2022
- Price for Clock Movements; Complete and Assembled in Thailand (CIF) - 2022
- Exports of Clock Movements; Complete and Assembled in Thailand
- Imports of Clock Movements; Complete and Assembled in Thailand
Price for Clock Movements; Complete and Assembled in Thailand (FOB) - 2022
The average export price for clock movements; complete and assembleds stood at $2.4 per unit in 2022, shrinking by -46.1% against the previous year. In general, the export price, however, continues to indicate a measured increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 451%. As a result, the export price attained the peak level of $11 per unit. From 2014 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 Egypt ($4.7 per unit), while the average price for exports to China ($2.2 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 Russia (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Clock Movements; Complete and Assembled in Thailand (CIF) - 2022
The average import price for clock movements; complete and assembleds stood at $1 per unit in 2022, which is down by -46.5% against the previous year. Overall, the import price, however, showed pronounced growth. The growth pace was the most rapid in 2017 when the average import price increased by 316%. Over the period under review, average import prices reached the peak figure at $8.4 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1 per unit), while the price for Japan ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+61.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Clock Movements; Complete and Assembled in Thailand
In 2022, exports of clock movements; complete and assembleds from Thailand soared to 1.7M units, picking up by 144% against the previous year's figure. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 151%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, clock movements; complete and assembled exports surged to $4.2M in 2022. In general, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 106% against the previous year. Over the period under review, the exports reached the maximum at $5.6M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Clock Movements; Complete and Assembled in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 87.4 | 3,656 | 4083.1% |
| Russia | 442 | 50.1 | 259 | 118 | -35.6% |
| Qatar | 1,410 | 392 | 43.5 | 10.7 | -80.3% |
| Germany | 601 | 32.1 | 1.9 | 2.9 | -83.1% |
| United States | 1,796 | 230 | 38.7 | N/A | -85.3% |
| France | 526 | 86.4 | 8.9 | N/A | -87.0% |
| Others | 783 | 750 | 2,736 | 398 | -20.2% |
| Total | 5,559 | 1,541 | 3,176 | 4,185 | -9.0% |
Top Export Markets for Clock Movements; Complete and Assembled from Thailand in 2022:
- China (1624.6K units)
- Russia (25.9K units)
- Qatar (1.7K units)
- Germany (0.7K units)
Imports of Clock Movements; Complete and Assembled in Thailand
In 2022, supplies from abroad of clock movements; complete and assembleds increased by 9.3% to 767K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a abrupt downturn. Imports peaked at 1.1M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, clock movements; complete and assembled imports contracted remarkably to $780K in 2022. Overall, imports, however, recorded a significant contraction. The smallest decline of -39.5% was in 2021. Imports peaked at $6.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Clock Movements; Complete and Assembled in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 2.1 | 1.3 | 0.8 | -49.2% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 6.2 | 2.2 | 1.3 | 0.8 | -49.5% |
Top Suppliers of Clock Movements; Complete and Assembled to Thailand in 2022:
- China (745.4K units)
- Japan (16.0K units)
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