Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Serbia - 2023
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Serbia (CIF) - 2022
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Serbia (FOB) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Serbia
- Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Serbia
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Serbia (CIF) - 2022
In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $3.3 per unit, shrinking by -52.3% against the previous year. Over the period under review, the import price recorded a pronounced setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 62%. The import price peaked at $8 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.9% per year.
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Serbia (FOB) - 2022
The average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $12 per unit in 2022, surging by 31% against the previous year. In general, the export price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2017 an increase of 61% against the previous year. As a result, the export price attained the peak level of $26 per unit. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($13 per unit), while the average price for exports to Montenegro ($6.5 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 North Macedonia (+2.7%), while the prices for the other major destinations experienced a decline.
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Serbia
In 2022, approx. 7.1K units of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were imported into Serbia; with an increase of 174% on the year before. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 235%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds skyrocketed to $24K in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 171%. As a result, imports attained the peak of $26K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 15.7 | 6.9 | 23.6 | 64.5% |
| Hong Kong SAR | 1.8 | N/A | N/A | N/A | 0% |
| Austria | N/A | N/A | 10.1 | N/A | 0% |
| United Kingdom | N/A | 8.4 | N/A | N/A | 0% |
| Others | 2.4 | 1.7 | 1.0 | N/A | -35.5% |
| Total | 9.5 | 25.9 | 18.0 | 23.6 | 35.4% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Serbia in 2022:
- China (7.1K units)
Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Serbia
In 2022, approx. 403 units of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were exported from Serbia; with a decrease of -26.3% on the year before. Overall, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 181% against the previous year. As a result, the exports reached the peak of 547 units, and then declined notably in the following year.
In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds fell slightly to $4.9K in 2022. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 95%. The exports peaked at $5.7K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 2.6 | 1.8 | 4.9 | 4.6 | 20.9% |
| Montenegro | 2.6 | N/A | 0.1 | 0.3 | -51.3% |
| North Macedonia | 0.5 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.8 | N/A | N/A | 0% |
| Total | 5.7 | 2.6 | 5.1 | 4.9 | -4.9% |
Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Serbia in 2022:
- Bosnia and Herzegovina (354.0 units)
- Montenegro (48.0 units)
- North Macedonia (1.0 units)
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