Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Vietnam - 2022
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Vietnam (CIF) - 2022
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Vietnam (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Vietnam
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Vietnam
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Vietnam (CIF) - 2022
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $7.1 per unit in 2022, picking up by 5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2020 an increase of 29% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($7.1 per unit), while the price for China totaled $7.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%).
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Vietnam (FOB) - 2022
The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $5.1 per unit in 2022, shrinking by -2.6% against the previous year. Over the period under review, the export price showed a slight shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 14% against the previous year. As a result, the export price reached the peak level of $7.2 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($5.1 per unit) and Malaysia ($5.1 per unit), while the average price for exports to Italy ($5.1 per unit) and Germany ($5.1 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+17.7%), 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 Vietnam
In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds imported into Vietnam soared to 344K units, with an increase of 39% on the previous year. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 104%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds soared to $2.5M in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 163% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 255 | 853 | 1,459 | 2,377 | 110.5% |
| United States | 9.7 | 5.8 | 21.4 | 41.1 | 61.8% |
| Others | 161 | 261 | 190 | 34.2 | -40.3% |
| Total | 426 | 1,120 | 1,670 | 2,452 | 79.2% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Vietnam in 2022:
- China (333.9K units)
- United States (5.8K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Vietnam
For the third consecutive year, Vietnam recorded decline in shipments abroad of clocks; wall clocks, battery, accumulator or mains powereds, which decreased by -1.2% to 179K units in 2022. In general, exports showed a dramatic decrease. Over the period under review, the exports of attained the maximum at 986K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds reduced slightly to $919K in 2022. Over the period under review, exports faced a dramatic setback. The exports peaked at $5.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 426 | 263 | 394 | 393 | -2.7% |
| China | 426 | 320 | 173 | 246 | -16.7% |
| United States | 336 | 58.1 | 24.7 | 81.2 | -37.7% |
| Germany | 209 | 119 | 8.0 | 77.5 | -28.2% |
| Malaysia | 26.3 | 11.0 | 34.9 | 75.1 | 41.9% |
| Japan | 2,867 | 40.1 | 22.9 | 18.1 | -81.5% |
| Spain | 148 | 38.4 | 1.0 | N/A | -91.8% |
| Norway | 21.4 | 3.1 | 13.8 | N/A | -19.7% |
| Sweden | 221 | 0.9 | 1.9 | N/A | -90.7% |
| Poland | 129 | 1.1 | 1.5 | N/A | -89.2% |
| Others | 805 | 288 | 279 | 28.2 | -67.3% |
| Total | 5,614 | 1,142 | 955 | 919 | -45.3% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Vietnam in 2022:
- Italy (77.2K units)
- China (48.4K units)
- United States (15.9K units)
- Germany (15.2K units)
- Malaysia (14.8K units)
- Japan (3.6K units)
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