Price for Clock Movements; Complete and Assembled in France - 2023

Contents:

  1. Price for Clock Movements; Complete and Assembled in France (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled in France (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled in France
  4. Exports of Clock Movements; Complete and Assembled in France

Price for Clock Movements; Complete and Assembled in France (CIF) - 2022

The average import price for clock movements; complete and assembleds stood at $8.9 per unit in 2022, increasing by 1.7% against the previous year. In general, the import price saw a notable increase. The most prominent rate of growth was recorded in 2016 an increase of 44% against the previous year. Over the period under review, average import prices hit record highs at $19 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 Netherlands ($34 per unit), while the price for Germany ($3.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clock Movements; Complete and Assembled in France (FOB) - 2022

The average export price for clock movements; complete and assembleds stood at $17 per unit in 2022, dropping by -10.1% against the previous year. Over the period under review, the export price recorded a slight reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by 164% against the previous year. As a result, the export price reached the peak level of $120 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($59 per unit), while the average price for exports to Germany ($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 Switzerland (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clock Movements; Complete and Assembled in France

In 2022, supplies from abroad of clock movements; complete and assembleds decreased by -18.2% to 58K units, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 37% against the previous year. As a result, imports attained the peak of 76K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, clock movements; complete and assembled imports declined notably to $515K in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. Imports peaked at $619K in 2021, and then dropped significantly in the following year.

Import of Clock Movements; Complete and Assembled in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh10.3N/A2.476.294.9%
Portugal44.54.816.566.814.5%
China18911211954.6-33.9%
Germany31.665.993.554.119.6%
Netherlands0.517.030.943.6343.4%
Italy35.513610.021.6-15.3%
Hong Kong SAR4.610.811.411.033.7%
Belgium3.810.98.05.412.4%
Others1652003271823.3%
Total4855586195152.0%

Top Suppliers of Clock Movements; Complete and Assembled to France in 2022:

  1. Germany (16.8K units)
  2. China (14.9K units)
  3. Bangladesh (11.9K units)
  4. Portugal (4.3K units)
  5. Hong Kong SAR (2.5K units)
  6. Netherlands (1.3K units)
  7. Italy (1.1K units)
  8. Belgium (0.6K units)

Exports of Clock Movements; Complete and Assembled in France

In 2022, approx. 47K units of clock movements; complete and assembleds were exported from France; rising by 50% compared with 2021. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 78% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, clock movements; complete and assembled exports skyrocketed to $818K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Clock Movements; Complete and Assembled in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11761.61841395.9%
Switzerland72.737.051.610011.2%
Spain16.115.664.470.163.3%
Belgium60.012.64.866.23.3%
United Kingdom2.821.227.250.8162.8%
French PolynesiaN/A0.44.848.81004.5%
Italy26.058.993.241.116.5%
Andorra25.331.6N/AN/A24.9%
Others21718717830211.6%
Total53742660881815.1%

Top Export Markets for Clock Movements; Complete and Assembled from France in 2022:

  1. Germany (21.2K units)
  2. Belgium (8.7K units)
  3. United Kingdom (3.1K units)
  4. Spain (2.9K units)
  5. French Polynesia (2.8K units)
  6. Italy (2.1K units)
  7. Switzerland (1.7K units)

Source: IndexBox Market Intelligence Platform

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