Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Argentina - 2023

Contents:

  1. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Argentina (CIF) - 2022
  2. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Argentina (FOB) - 2022
  3. Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Argentina
  4. Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Argentina

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Argentina (CIF) - 2022

The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $2.6 per unit in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 12% against the previous year. The import price peaked at $2.6 per unit in 2021, and then shrank slightly in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.5% per year.

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Argentina (FOB) - 2022

In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $19 per unit, with an increase of 162% against the previous year. In general, the export price recorded a remarkable increase. The growth pace was the most rapid in 2019 an increase of 2,258%. The export price peaked at $264 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($172 per unit), while the average price for exports to Guatemala ($6.3 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 Ecuador (+14.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Argentina

Imports of clocks; wall clocks, battery, accumulator or mains powereds into Argentina surged to 623K units in 2022, growing by 18% on the year before. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds soared to $1.6M in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.60.71.31.638.7%
OthersN/A0.1N/AN/A0%
Total0.60.71.41.638.7%

Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Argentina in 2022:

  1. China (622.2K units)

Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Argentina

After three years of growth, overseas shipments of clocks; wall clocks, battery, accumulator or mains powereds decreased by -93.5% to 13 units in 2022. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 522% against the previous year. As a result, the exports reached the peak of 199 units, and then shrank notably in the following year.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds fell significantly to $249 in 2022. In general, exports saw a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 188% against the previous year. As a result, the exports attained the peak of $8.4K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IrelandN/AN/AN/A0.20%
GuatemalaN/AN/AN/A0.10%
SwitzerlandN/A8.0N/AN/A0%
Chile2.90.10.2N/A-73.7%
Costa RicaN/AN/A0.1N/A0%
El SalvadorN/AN/A1.2N/A0%
OthersN/A0.4N/AN/A0%
Total2.98.41.50.2-59.0%

Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Argentina in 2022:

  1. Guatemala (10.0 units)
  2. Costa Rica (2.0 units)
  3. Ireland (1.0 units)

Source: IndexBox Market Intelligence Platform

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