Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the UK - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the UK (CIF) - 2023
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the UK (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the UK
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the UK
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the UK (CIF) - 2023
In November 2023, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $6.4 per unit, reducing by -3.9% against the previous month. Overall, the import price recorded a slight slump. The most prominent rate of growth was recorded in April 2023 an increase of 35% month-to-month. As a result, import price attained the peak level of $8.4 per unit. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($13.4 per unit), while the price for China amounted to $5.7 per unit.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (-0.6%).
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the UK (FOB) - 2022
The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $19 per unit in 2022, increasing by 25% against the previous year. Overall, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 33% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($86 per unit), while the average price for exports to the United Arab Emirates ($7.5 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 Italy (+28.0%), 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 the UK
In 2022, imports of clocks; wall clocks, battery, accumulator or mains powereds into the UK contracted significantly to 2.7M units, dropping by -35.1% against the year before. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 0.5% against the previous year. Imports peaked at 4.7M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds reduced rapidly to $19M in 2022. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, imports reached the peak of $27M, and then reduced dramatically in the following year.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.2 | 17.9 | 23.2 | 16.5 | -8.0% |
| Switzerland | 0.1 | 0.2 | 0.1 | 0.5 | 71.0% |
| Hong Kong SAR | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
| Germany | 1.9 | 1.3 | 1.1 | 0.2 | -52.8% |
| Others | 2.4 | 2.5 | 2.5 | 1.5 | -14.5% |
| Total | 25.7 | 22.0 | 27.2 | 19.2 | -9.3% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to the UK in 2022:
- China (2391.1K units)
- Hong Kong SAR (129.0K units)
- Switzerland (71.0K units)
- Germany (27.2K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the UK
In 2022, exports of clocks; wall clocks, battery, accumulator or mains powereds from the UK reduced to 94K units, declining by -5.9% compared with the previous year. In general, exports recorded a precipitous curtailment. The exports peaked at 372K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds soared to $1.8M in 2022. Overall, exports recorded a abrupt decrease. The exports peaked at $3.4M 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 the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 302 | 64.3 | 249 | 332 | 3.2% |
| Japan | 24.5 | 38.5 | 56.5 | 252 | 117.5% |
| France | 487 | 481 | 206 | 240 | -21.0% |
| Spain | 174 | 178 | 171 | 133 | -8.6% |
| Ireland | 593 | 595 | 217 | 130 | -39.7% |
| Netherlands | 50.2 | 30.9 | 61.3 | 118 | 33.0% |
| Germany | 553 | 696 | 186 | 93.3 | -44.7% |
| Switzerland | 51.1 | 61.2 | 63.5 | 87.3 | 19.5% |
| Italy | 253 | 266 | 20.8 | 29.9 | -50.9% |
| Poland | 233 | 178 | 18.5 | 11.3 | -63.5% |
| Belgium | 47.1 | 64.6 | 8.4 | 5.2 | -52.0% |
| China | 250 | N/A | N/A | 3.6 | -75.7% |
| Others | 340 | 411 | 267 | 366 | 2.5% |
| Total | 3,356 | 3,066 | 1,525 | 1,800 | -18.8% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from the UK in 2022:
- France (16.1K units)
- United States (14.5K units)
- Spain (12.0K units)
- Ireland (11.0K units)
- Netherlands (7.7K units)
- Japan (6.6K units)
- Germany (4.7K units)
- Switzerland (4.4K units)
- China (0.4K units)
- Italy (0.3K units)
- Poland (0.3K units)
- Belgium (0.3K units)
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