Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Norway - 2024

Contents:

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

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

The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $17 per unit in 2022, picking up by 2.8% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for clocks; wall clocks, battery, accumulator or mains powereds increased by +59.3% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 26% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($157 per unit), while the price for Belarus ($3.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+12.8%), 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 Norway (FOB) - 2022

In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $60 per unit, dropping by -43% against the previous year. Overall, the export price, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2016 an increase of 96%. The export price peaked at $105 per unit in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($636 per unit), while the average price for exports to Denmark ($17 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 Finland (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of clocks; wall clocks, battery, accumulator or mains powereds decreased by -25% to 69K units, falling for the second consecutive year after two years of growth. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 9.7% against the previous year. As a result, imports attained the peak of 103K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds declined notably to $1.2M in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 4.9% against the previous year. Imports peaked at $1.6M in 2021, and then fell dramatically in the following year.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5215427625682.9%
Sweden20328123427010.0%
France11426914186.8-8.7%
Hong Kong SAR14566.258.566.2-23.0%
Belarus57.238.330.27.8-48.5%
Others383296339209-18.3%
Total1,4221,4921,5651,207-5.3%

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

  1. China (51.4K units)
  2. Hong Kong SAR (6.0K units)
  3. France (4.4K units)
  4. Belarus (2.1K units)
  5. Sweden (1.7K units)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of clocks; wall clocks, battery, accumulator or mains powereds, when their volume decreased by -18.6% to 562 units. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 90%. Over the period under review, the exports of reached the peak figure at 690 units in 2021, and then declined sharply in the following year.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds contracted dramatically to $34K in 2022. In general, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 124%. As a result, the exports reached the peak of $72K, and then contracted remarkably in the following year.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden4.78.99.713.742.8%
ItalyN/AN/AN/A12.70%
DenmarkN/A1.71.11.82.9%
Germany1.5N/A0.50.8-18.9%
Russia0.30.20.30.518.6%
Poland1.0N/A0.20.1-53.6%
FranceN/AN/A0.3N/A0%
FinlandN/A3.23.4N/A6.3%
TurkeyN/AN/A56.7N/A0%
Others15.818.3N/A3.8-37.8%
Total23.332.272.233.512.9%

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

  1. Sweden (397.0 units)
  2. Denmark (108.0 units)
  3. Italy (20.0 units)
  4. Russia (15.0 units)
  5. Germany (14.0 units)
  6. Poland (2.0 units)

Source: IndexBox Market Intelligence Platform

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