Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Ethiopia - 2022

Contents:

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

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

In 2022, the average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $1.4 per unit, falling by -30.6% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 an increase of 129%. The import price peaked at $7.5 per unit in 2016; however, from 2017 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 China ($3.8 per unit), while the price for the United States amounted to $0.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+71.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth year in a row, Ethiopia recorded growth in purchases abroad of clock movements; complete and assembled, other than battery, accumulator or mains powereds, which increased by 4,407% to 19K units in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds surged to $26K in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A0.10.223.91446.0%
United StatesN/AN/AN/A2.30%
BelgiumN/A0.70.5N/A-28.6%
Others0.10.50.20.10.0%
Total0.11.30.826.3540.7%

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

  1. United States (12.9K units)
  2. China (6.3K units)

Source: IndexBox Market Intelligence Platform

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