Price for Clock Movements; Complete and Assembled in Bulgaria - 2023
Contents:
- Price for Clock Movements; Complete and Assembled in Bulgaria (FOB) - 2022
- Price for Clock Movements; Complete and Assembled in Bulgaria (CIF) - 2022
- Exports of Clock Movements; Complete and Assembled in Bulgaria
- Imports of Clock Movements; Complete and Assembled in Bulgaria
Price for Clock Movements; Complete and Assembled in Bulgaria (FOB) - 2022
The average export price for clock movements; complete and assembleds stood at $3.1 per unit in 2021, approximately equating the previous year. In general, the export price recorded a noticeable expansion. The growth pace was the most rapid in 2015 an increase of 65% against the previous year. The export price peaked at $11 per unit in 2016; however, from 2017 to 2021, the 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 Canada ($6.2 per unit), while the average price for exports to Greece totaled $3 per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+29.7%), while the prices for the other major destinations experienced a decline.
Price for Clock Movements; Complete and Assembled in Bulgaria (CIF) - 2022
In 2022, the average import price for clock movements; complete and assembleds amounted to $1.6 per unit, shrinking by -65.5% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 1,016% against the previous year. Over the period under review, average import prices attained the maximum at $5.4 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 Italy ($53 per unit), while the price for China ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+28.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Clock Movements; Complete and Assembled in Bulgaria
In 2021, approx. 9.1K units of clock movements; complete and assembleds were exported from Bulgaria; remaining constant against the previous year. Over the period under review, exports continue to indicate notable growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see steady growth in years to come.
In value terms, clock movements; complete and assembled exports totaled $28K in 2021. Overall, exports continue to indicate a dramatic downturn. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the peak figure at $50K in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
| Export of Clock Movements; Complete and Assembled in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Greece | N/A | N/A | 26.3 | 0% | |
| Canada | N/A | N/A | 2.0 | 0% | |
| Belgium | 40.1 | N/A | N/A | 0% | |
| Germany | 9.5 | N/A | N/A | 0% | |
| Others | 0.6 | N/A | N/A | 0% | |
| Total | 50.2 | N/A | 28.3 | -24.9% | |
Top Export Markets for Clock Movements; Complete and Assembled from Bulgaria in 2022:
- Greece (8.8K units)
- Canada (0.3K units)
Imports of Clock Movements; Complete and Assembled in Bulgaria
In 2022, purchases abroad of clock movements; complete and assembleds was finally on the rise to reach 9K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a sharp reduction. Over the period under review, imports hit record highs at 123K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, clock movements; complete and assembled imports reduced notably to $14K in 2022. Over the period under review, imports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of $30K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Clock Movements; Complete and Assembled in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | 2.5 | 1.6 | -36.0% |
| China | 18.3 | 1.3 | 0.4 | 1.2 | -59.7% |
| Greece | 5.9 | 17.7 | N/A | N/A | 200.0% |
| Others | 2.5 | 11.0 | 19.7 | 11.4 | 65.8% |
| Total | 26.7 | 30.0 | 22.5 | 14.1 | -19.2% |
Top Suppliers of Clock Movements; Complete and Assembled to Bulgaria in 2022:
- China (8.6K units)
- Hungary (0.2K units)
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