Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Austria - 2023

Contents:

1. Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Austria (CIF) - 2022
2. Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Austria (FOB) - 2022
3. Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Austria
4. Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Austria

Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Austria (CIF) - 2022

In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $76 per unit, waning by -21.6% against the previous year. Over the period under review, the import price, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2021 an increase of 78%. As a result, import price attained the peak level of $97 per unit, and then shrank sharply in the following year.

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 Germany ($77 per unit), while the price for Poland ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.2%), while the prices for the other major suppliers experienced a decline.

Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Austria (FOB) - 2022

In 2022, the average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $35 per unit, falling by -33.3% against the previous year. Over the period under review, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2018 an increase of 59% against the previous year. The export price peaked at $97 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($71 per unit), while the average price for exports to India ($5.7 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 the Czech Republic (+16.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Austria

In 2022, approx. 20K units of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were imported into Austria; remaining relatively unchanged against the previous year's figure. Overall, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 156% against the previous year. Imports peaked at 25K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds shrank sharply to $1.5M in 2022. Over the period under review, imports saw buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 357%. As a result, imports attained the peak of $1.9M, and then dropped notably in the following year.

Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Austria in 2022:

1. Germany (18.3K units)
2. Poland (0.6K units)
3. Czech Republic (0.3K units)
4. Italy (0.1K units)

Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Austria

In 2022, overseas shipments of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds decreased by -61.1% to 411 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 399% against the previous year. As a result, the exports attained the peak of 1.1K units, and then contracted dramatically in the following year.

In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds contracted significantly to $14K in 2022. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 668%. As a result, the exports reached the peak of $56K, and then contracted significantly in the following year.

Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Austria in 2022:

1. Taiwan (Chinese) (78.0 units)
2. United States (61.0 units)
3. France (53.0 units)
4. Germany (44.0 units)
5. Bahrain (30.0 units)
6. Italy (26.0 units)
7. United Arab Emirates (22.0 units)
8. Switzerland (19.0 units)
9. India (17.0 units)
10. Slovenia (17.0 units)

Source: IndexBox Market Intelligence Platform