Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Russia - 2022
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Russia (CIF) - 2022
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Russia (FOB) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Russia
- Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Russia
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Russia (CIF) - 2022
The average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $4.3 per unit in 2022, waning by -29.3% against the previous year. Overall, the import price faced a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 110% against the previous year. Over the period under review, average import prices hit record highs at $39 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 Poland ($6.7 per unit), while the price for China stood at $1.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Russia (FOB) - 2022
In 2022, the average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $227 per unit, rising by 994% against the previous year. Over the period under review, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,053 per unit), while the average price for exports to the Netherlands ($46 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 Germany (+35.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Russia
In 2022, approx. 5.2K units of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were imported into Russia; falling by -75.2% on 2021. Over the period under review, imports faced a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 108%. As a result, imports reached the peak of 21K units, and then declined dramatically in the following year.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds declined notably to $22K in 2022. Overall, imports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. Imports peaked at $230K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.7 | 12.3 | 28.8 | 6.9 | -18.4% |
| Poland | 2.9 | 0.1 | N/A | 2.0 | -11.6% |
| Germany | 4.8 | 5.2 | 2.4 | N/A | -29.3% |
| Finland | 109 | N/A | N/A | N/A | 0% |
| Czech Republic | 12.2 | 12.5 | 0.4 | N/A | -81.9% |
| Netherlands | 8.0 | 4.4 | 5.6 | N/A | -16.3% |
| Others | 79.7 | 57.0 | 90.4 | 13.5 | -44.7% |
| Total | 230 | 91.4 | 128 | 22.4 | -54.0% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Russia in 2022:
- China (4.8K units)
- Poland (0.3K units)
Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Russia
In 2022, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds from Russia dropped rapidly to 89 units, declining by -88.1% compared with the previous year's figure. Overall, exports showed a significant curtailment. The smallest decline of -40.9% was in 2021. The exports peaked at 2.7K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds soared to $20K in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 73%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 14.4 | 0% |
| Kazakhstan | 1.2 | 2.8 | 10.8 | 3.3 | 40.1% |
| Norway | N/A | N/A | N/A | 1.8 | 0% |
| Netherlands | N/A | N/A | 2.2 | 0.8 | -63.6% |
| Armenia | N/A | 1.4 | N/A | N/A | 0% |
| Belarus | 8.8 | 4.4 | 1.7 | N/A | -56.0% |
| Others | 0.3 | 0.4 | 0.8 | N/A | 63.3% |
| Total | 10.3 | 9.0 | 15.5 | 20.2 | 25.2% |
Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Russia in 2022:
- Kazakhstan (59.0 units)
- Netherlands (17.0 units)
- Germany (7.0 units)
- Norway (6.0 units)
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