Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Thailand - 2024

Contents:

  1. Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Thailand (FOB) - 2022
  2. Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Thailand (CIF) - 2022
  3. Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Thailand
  4. Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Thailand

Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Thailand (FOB) - 2022

In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $9.4 per unit, which is down by -41.1% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 435%. The export price peaked at $18 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($17 per unit), while the average price for exports to China ($8.8 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 Russia (+24.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Thailand (CIF) - 2022

The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $3.1 per unit in 2022, with an increase of 5.5% against the previous year. In general, the import price, however, recorded a noticeable reduction. The growth pace was the most rapid in 2015 an increase of 2,485% against the previous year. Over the period under review, average import prices reached the maximum at $33 per unit in 2016; however, from 2017 to 2022, import prices remained at a 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 Hong Kong SAR ($9 per unit), while the price for China totaled $3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%).

Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Thailand

In 2022, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds from Thailand surged to 438K units, jumping by 123% on 2021. In general, exports recorded a strong expansion. The growth pace was the most rapid in 2021 with an increase of 124%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds soared to $4.1M in 2022. Overall, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 104%. Over the period under review, the exports of attained the peak figure at $5.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A87.43,6564083.1%
Russia44250.1259118-35.6%
Qatar1,41139243.510.7-80.4%
Germany60132.11.92.9-83.1%
United States1,79623038.7N/A-85.3%
France52686.48.9N/A-87.0%
Others7837502,696337-24.5%
Total5,5591,5403,1354,124-9.5%

Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from Thailand in 2022:

  1. China (414.6K units)
  2. Russia (7.0K units)
  3. Qatar (0.6K units)
  4. Germany (0.2K units)

Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Thailand

Imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds into Thailand fell remarkably to 200K units in 2022, with a decrease of -49.2% compared with the previous year. In general, imports continue to indicate a sharp descent. The smallest decline of -24.7% was in 2020. Imports peaked at 807K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds contracted markedly to $626K in 2022. Overall, imports faced a sharp curtailment. The smallest decline of -42.2% was in 2021. Imports peaked at $6.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.02.01.20.6-53.6%
Others0.1N/AN/AN/A0%
Total6.12.01.20.6-53.8%

Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to Thailand in 2022:

  1. China (199.9K units)

Source: IndexBox Market Intelligence Platform

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