Price for Clock Movements; Complete and Assembled, Electrically Operated in South Africa - 2024
Contents:
- Price for Clock Movements; Complete and Assembled, Electrically Operated in South Africa (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Electrically Operated in South Africa (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Electrically Operated in South Africa
- Exports of Clock Movements; Complete and Assembled, Electrically Operated in South Africa
Price for Clock Movements; Complete and Assembled, Electrically Operated in South Africa (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $0.3 per unit, waning by -30.7% against the previous year. In general, the import price saw a mild downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 899%. As a result, import price reached the peak level of $1.2 per unit. From 2015 to 2022, the average import prices remained at a somewhat 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 Germany ($2.3 per unit), while the price for China amounted to $0.2 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%).
Price for Clock Movements; Complete and Assembled, Electrically Operated in South Africa (FOB) - 2022
The average export price for clock movements; complete and assembled, electrically operateds stood at $22 per unit in 2022, growing by 61% against the previous year. In general, the export price posted prominent growth. The growth pace was the most rapid in 2017 an increase of 95% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($43 per unit), while the average price for exports to Zimbabwe ($4.9 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 Mozambique (+36.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clock Movements; Complete and Assembled, Electrically Operated in South Africa
In 2022, the amount of clock movements; complete and assembled, electrically operateds imported into South Africa surged to 131K units, picking up by 179% on the previous year's figure. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of clock movements; complete and assembled, electrically operateds skyrocketed to $41K in 2022. Over the period under review, imports, however, saw a abrupt setback. Imports peaked at $51K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Clock Movements; Complete and Assembled, Electrically Operated in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 29.4 | 7.3 | 10.1 | 32.4 | 3.3% |
| Germany | 9.1 | 3.1 | 7.1 | 1.4 | -46.4% |
| Others | 12.9 | 4.4 | 4.1 | 7.5 | -16.5% |
| Total | 51.4 | 14.7 | 21.3 | 41.2 | -7.1% |
Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to South Africa in 2022:
- China (129.6K units)
- Germany (0.6K units)
Exports of Clock Movements; Complete and Assembled, Electrically Operated in South Africa
In 2022, the amount of clock movements; complete and assembled, electrically operateds exported from South Africa fell significantly to 642 units, shrinking by -61.3% on 2021. In general, exports faced a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 356%. Over the period under review, the exports of reached the maximum at 4.1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of clock movements; complete and assembled, electrically operateds fell markedly to $14K in 2022. Over the period under review, exports faced a significant curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 596% against the previous year. Over the period under review, the exports of hit record highs at $77K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Clock Movements; Complete and Assembled, Electrically Operated in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | N/A | N/A | N/A | 4.3 | 0% |
| Swaziland | 0.6 | 1.1 | 0.4 | 1.5 | 35.7% |
| Lesotho | 0.8 | N/A | 0.7 | 0.9 | 4.0% |
| Namibia | 0.5 | 1.2 | 4.0 | 0.8 | 17.0% |
| Botswana | 0.2 | 0.7 | 0.5 | 0.4 | 26.0% |
| Zimbabwe | N/A | N/A | 2.4 | 0.1 | -95.8% |
| Mozambique | 6.4 | N/A | N/A | N/A | 0% |
| Senegal | 66.1 | N/A | 13.2 | N/A | -55.3% |
| Others | 2.6 | 0.2 | 1.1 | 5.8 | 30.7% |
| Total | 77.1 | 3.2 | 22.2 | 13.9 | -43.5% |
Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from South Africa in 2022:
- Lesotho (177.0 units)
- Swaziland (145.0 units)
- Namibia (121.0 units)
- Ghana (100.0 units)
- Botswana (70.0 units)
- Zimbabwe (23.0 units)
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