Price for Clock Movements; Complete and Assembled, Electrically Operated in Sweden - 2023

Contents:

  1. Price for Clock Movements; Complete and Assembled, Electrically Operated in Sweden (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled, Electrically Operated in Sweden (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled, Electrically Operated in Sweden
  4. Exports of Clock Movements; Complete and Assembled, Electrically Operated in Sweden

Price for Clock Movements; Complete and Assembled, Electrically Operated in Sweden (CIF) - 2022

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $3.6 per unit, rising by 8.6% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 35% against the previous year. Over the period under review, average import prices attained the maximum at $5 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($12 per unit), while the price for Germany ($3.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+33.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Clock Movements; Complete and Assembled, Electrically Operated in Sweden (FOB) - 2022

The average export price for clock movements; complete and assembled, electrically operateds stood at $9.9 per unit in 2022, surging by 16% against the previous year. Over the period under review, the export price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 44% against the previous year. The export price peaked at $21 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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 Austria ($50 per unit), while the average price for exports to Finland ($3.1 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 Austria (+1.9%), while the prices for the other major destinations experienced a decline.

Imports of Clock Movements; Complete and Assembled, Electrically Operated in Sweden

For the fourth year in a row, Sweden recorded growth in supplies from abroad of clock movements; complete and assembled, electrically operateds, which increased by 25% to 47K units in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of clock movements; complete and assembled, electrically operateds surged to $172K in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany66.655.899.714629.9%
China9.16.919.90.6-59.6%
Bangladesh2.99.0N/AN/A210.3%
Others6.318.67.626.361.0%
Total84.990.212717226.5%

Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Sweden in 2022:

  1. Germany (45.8K units)
  2. China (0.2K units)

Exports of Clock Movements; Complete and Assembled, Electrically Operated in Sweden

In 2022, exports of clock movements; complete and assembled, electrically operateds from Sweden reduced notably to 12K units, shrinking by -19.7% on 2021. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 8.8%. Over the period under review, the exports of hit record highs at 18K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of clock movements; complete and assembled, electrically operateds contracted to $122K in 2022. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1.9%. The exports peaked at $150K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway53.050.346.047.7-3.5%
Finland15.815.718.913.5-5.1%
Austria15.48.56.09.6-14.6%
United Kingdom1.50.43.03.431.4%
Others64.453.156.747.6-9.6%
Total150128131122-6.7%

Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Sweden in 2022:

  1. Norway (6.7K units)
  2. Finland (4.3K units)
  3. United Kingdom (0.4K units)
  4. Austria (0.2K units)

Source: IndexBox Market Intelligence Platform

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