Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ecuador - 2022

Contents:

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

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

The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $2.3 per unit in 2022, reducing by -10.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2021 an increase of 16%. As a result, import price reached the peak level of $2.6 per unit, and then shrank in the following year.

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 the United States ($7.2 per unit), while the price for China amounted to $2.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+44.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $3.5 per unit, surging by 2.9% against the previous year. In general, the export price, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 669% against the previous year. As a result, the export price reached the peak level of $37 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($3.7 per unit), while the average price for exports to Costa Rica ($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 Bermuda (+20.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 44K units of clocks; wall clocks, battery, accumulator or mains powereds were imported into Ecuador; waning by -20.3% against the previous year's figure. Overall, imports recorded a precipitous slump. Over the period under review, imports of reached the maximum at 581K 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 shrank dramatically to $103K in 2022. In general, imports showed a dramatic curtailment. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China68442310599.5-47.4%
Peru28.312.71.3N/A-78.6%
United Kingdom96.163.49.6N/A-68.4%
Others43419428.33.3-80.3%
Total1,243693144103-56.4%

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

  1. China (43.6K units)

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

In 2022, shipments abroad of clocks; wall clocks, battery, accumulator or mains powereds was finally on the rise to reach 139 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a sharp curtailment. The exports peaked at 342 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds soared to $489 in 2022. Over the period under review, exports, however, saw a dramatic decrease. The exports peaked at $1.2K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru1,231682141348-34.4%
BermudaN/A104N/A103-0.5%
AngolaN/AN/AN/A37.00%
Others1.043.06.01.00.0%
Total1,232829147489-26.5%

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

  1. Peru (98.0 units)
  2. Bermuda (30.0 units)
  3. Angola (10.0 units)

Source: IndexBox Market Intelligence Platform

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