Price for Clock Movements; Complete and Assembled in Israel - 2021

Contents:

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

Price for Clock Movements; Complete and Assembled in Israel (CIF) - 2022

In 2022, the average import price for clock movements; complete and assembleds amounted to $39 per unit, shrinking by -24.8% against the previous year. In general, the import price, however, recorded a slight increase. The pace of growth appeared the most rapid in 2014 an increase of 45% against the previous year. The import price peaked at $55 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($72 per unit), while the price for Hong Kong SAR ($6.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+31.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Clock Movements; Complete and Assembled in Israel (FOB) - 2022

In 2022, the average export price for clock movements; complete and assembleds amounted to $107 per unit, reducing by -12.5% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 31%. As a result, the export price attained the peak level of $143 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($381 per unit), while the average price for exports to the United States ($84 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 South Korea (+359.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Clock Movements; Complete and Assembled in Israel

In 2022, the amount of clock movements; complete and assembleds imported into Israel was estimated at 1.7K units, surging by 14% against 2021. Overall, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, clock movements; complete and assembled imports dropped to $65K in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. As a result, imports reached the peak of $76K, and then fell in the following year.

Import of Clock Movements; Complete and Assembled in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21.114.036.656.038.5%
Spain0.10.10.53.0210.7%
Hong Kong SAR2.61.61.03.04.9%
United Kingdom4.74.25.62.0-24.8%
Germany7.94.83.01.0-49.8%
India0.60.71.2N/A41.4%
Taiwan (Chinese)1.51.52.5N/A29.1%
Italy14.016.116.5N/A8.6%
United States4.31.13.2N/A-13.7%
Turkey1.31.80.2N/A-60.8%
Others5.96.95.6N/A-2.6%
Total64.053.076.065.00.5%

Top Suppliers of Clock Movements; Complete and Assembled to Israel in 2022:

  1. China (776.0 units)
  2. Hong Kong SAR (487.0 units)
  3. Spain (299.0 units)
  4. United Kingdom (83.0 units)
  5. Germany (9.0 units)

Exports of Clock Movements; Complete and Assembled in Israel

In 2022, approx. 488 units of clock movements; complete and assembleds were exported from Israel; rising by 324% against the year before. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, clock movements; complete and assembled exports skyrocketed to $52K in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Clock Movements; Complete and Assembled in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.812.90.827.0146.6%
Poland0.62.11.911.0163.7%
IndiaN/AN/AN/A8.00%
South KoreaN/AN/A0.53.0500.0%
Russia1.32.81.5N/A7.4%
Switzerland0.20.50.3N/A22.5%
Sweden1.10.80.7N/A-20.2%
France1.33.01.9N/A20.9%
Canada0.82.10.5N/A-20.9%
Others3.98.85.93.0-8.4%
Total11.033.014.052.067.8%

Top Export Markets for Clock Movements; Complete and Assembled from Israel in 2022:

  1. United States (323.0 units)
  2. Poland (126.0 units)
  3. India (21.0 units)
  4. South Korea (9.0 units)

Source: IndexBox Market Intelligence Platform

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