Price for Clock Movements; Complete and Assembled, Electrically Operated in Ireland - 2023

Contents:

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

Price for Clock Movements; Complete and Assembled, Electrically Operated in Ireland (CIF) - 2022

The average import price for clock movements; complete and assembled, electrically operateds stood at $59 per unit in 2022, picking up by 64% against the previous year. Over the period under review, the import price recorded a resilient expansion. The growth pace was the most rapid in 2013 when the average import price increased by 159% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Bangladesh ($143 per unit), while the price for the UK ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+58.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clock Movements; Complete and Assembled, Electrically Operated in Ireland (FOB) - 2022

The average export price for clock movements; complete and assembled, electrically operateds stood at $18 per unit in 2022, which is down by -67.5% against the previous year. Over the period under review, the export price showed a sharp slump. The pace of growth appeared the most rapid in 2014 a decrease of -36.2% against the previous year. The export price peaked at $253 per unit in 2013; however, from 2014 to 2022, the export prices remained at a 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 the United States ($194 per unit), while the average price for exports to the UK amounted to $88 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.7%).

Imports of Clock Movements; Complete and Assembled, Electrically Operated in Ireland

In 2022, imports of clock movements; complete and assembled, electrically operateds into Ireland skyrocketed to 3.3K units, rising by 109% compared with 2021. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 686% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of clock movements; complete and assembled, electrically operateds surged to $194K in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 623% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BangladeshN/AN/AN/A1520%
ChinaN/A0.73.422.9472.0%
United Kingdom4.332.49.48.927.4%
NetherlandsN/AN/A33.0N/A0%
TurkeyN/AN/A6.3N/A0%
Others0.95.04.410.2124.6%
Total5.338.256.6194232.0%

Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Ireland in 2022:

  1. China (1498.0 units)
  2. Bangladesh (1059.0 units)
  3. United Kingdom (673.0 units)

Exports of Clock Movements; Complete and Assembled, Electrically Operated in Ireland

In 2022, the amount of clock movements; complete and assembled, electrically operateds exported from Ireland soared to 257 units, with an increase of 1,412% against the year before. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of clock movements; complete and assembled, electrically operateds surged to $4.5K in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports of attained the maximum at $6.6K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Ireland (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United States6.6N/A2.1-43.6%
United KingdomN/A0.91.122.2%
OthersN/AN/A1.30%
Total6.60.94.5-17.4%

Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Ireland in 2022:

  1. United Kingdom (12.0 units)
  2. United States (11.0 units)

Source: IndexBox Market Intelligence Platform

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