Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Sweden - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Sweden (FOB) - 2023
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Sweden (CIF) - 2023
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Sweden
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Sweden
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Sweden (FOB) - 2023
The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $20.9 per unit in November 2023, approximately equating the previous month. Overall, the export price recorded a mild reduction. The most prominent rate of growth was recorded in August 2023 an increase of 123% month-to-month. The export price peaked at $45.8 per unit in June 2023; however, from July 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Switzerland ($133 per unit), while the average price for exports to Iceland ($7.5 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Sweden (CIF) - 2023
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $4.8 per unit in November 2023, falling by -55.2% against the previous month. Over the period under review, the import price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 109% against the previous month. As a result, import price attained the peak level of $10.6 per unit, and then reduced rapidly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($6.4 per unit), while the price for China stood at $2.9 per unit.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.4%), while the prices for the other major suppliers experienced a decline.
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Sweden
In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds exported from Sweden fell to 144K units, waning by -14% on 2021. In general, exports faced a abrupt decline. The smallest decline of -8.7% was in 2021. Over the period under review, the exports of hit record highs at 214K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds soared to $3.7M in 2022. The total export value increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 173 | 162 | 154 | 1,598 | 109.8% |
| Norway | 583 | 688 | 758 | 731 | 7.8% |
| Denmark | 279 | 341 | 419 | 307 | 3.2% |
| Finland | 653 | 710 | 480 | 246 | -27.8% |
| United Arab Emirates | 8.8 | 11.1 | 5.0 | 48.5 | 76.6% |
| United Kingdom | 9.6 | 13.3 | 9.9 | 26.8 | 40.8% |
| Iceland | 17.2 | 18.6 | 26.4 | 21.1 | 7.0% |
| Poland | 38.9 | 25.1 | 27.4 | 19.7 | -20.3% |
| Others | 889 | 696 | 982 | 695 | -7.9% |
| Total | 2,651 | 2,665 | 2,862 | 3,693 | 11.7% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Sweden in 2022:
- Norway (52.8K units)
- Finland (36.9K units)
- Denmark (20.9K units)
- United Arab Emirates (9.9K units)
- Belgium (8.2K units)
- United Kingdom (3.6K units)
- Iceland (3.0K units)
- Poland (2.7K units)
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Sweden
For the third year in a row, Sweden recorded decline in supplies from abroad of clocks; wall clocks, battery, accumulator or mains powereds, which decreased by -4.6% to 483K units in 2022. Overall, imports showed a deep setback. Imports peaked at 593K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds reduced sharply to $2.4M in 2022. In general, imports recorded a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 6.5% against the previous year. Imports peaked at $3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,457 | 1,217 | 1,329 | 1,243 | -5.2% |
| Denmark | 264 | 491 | 675 | 494 | 23.2% |
| Germany | 498 | 460 | 359 | 207 | -25.4% |
| Estonia | 227 | 186 | 195 | 96.8 | -24.7% |
| Taiwan (Chinese) | 156 | 96.2 | 87.2 | 74.0 | -22.0% |
| Poland | 74.6 | 16.4 | 31.7 | 31.4 | -25.1% |
| Vietnam | 108 | 17.4 | 2.7 | N/A | -84.2% |
| Others | 221 | 246 | 231 | 209 | -1.8% |
| Total | 3,005 | 2,731 | 2,910 | 2,355 | -7.8% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Sweden in 2022:
- China (378.2K units)
- Germany (30.2K units)
- Denmark (22.8K units)
- Estonia (14.8K units)
- Taiwan (Chinese) (13.3K units)
- Poland (6.7K units)
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