Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Italy - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Italy (CIF) - 2023
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Italy (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Italy
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Italy
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Italy (CIF) - 2023
In November 2023, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $4.2 per unit, jumping by 249% against the previous month. Overall, the import price, however, saw a mild descent. The import price peaked at $6.3 per unit in April 2023; however, from May 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Vietnam ($14.6 per unit), while the price for China totaled $3.2 per unit.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Italy (FOB) - 2022
In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $13 per unit, remaining stable against the previous year. In general, the export price saw a noticeable decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 34% against the previous year. The export price peaked at $19 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($29 per unit), while the average price for exports to Egypt ($2.7 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 Israel (+15.9%), 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 Italy
In 2022, the amount of clocks; wall clocks, battery, accumulator or mains powereds imported into Italy dropped to 2.1M units, waning by -6.2% on the year before. Over the period under review, imports recorded a pronounced setback. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Over the period under review, imports of hit record highs at 2.3M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds shrank to $10M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of $11M, and then dropped in the following year.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.5 | 4.7 | 6.7 | 6.4 | 5.2% |
| Germany | 0.6 | 0.5 | 0.6 | 1.0 | 18.6% |
| Vietnam | 0.7 | 0.6 | 1.3 | 0.7 | 0.0% |
| Spain | 0.4 | 0.3 | 0.2 | 0.7 | 20.5% |
| France | 0.5 | 0.3 | 0.5 | 0.6 | 6.3% |
| Austria | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Belarus | 0.3 | 0.4 | 0.2 | N/A | -18.4% |
| Others | 1.2 | 0.9 | 0.9 | 0.7 | -16.4% |
| Total | 9.4 | 7.7 | 10.7 | 10.1 | 2.4% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Italy in 2022:
- China (1602.3K units)
- Germany (143.8K units)
- Spain (138.2K units)
- France (72.6K units)
- Vietnam (50.5K units)
- Austria (26.5K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Italy
After three years of growth, shipments abroad of clocks; wall clocks, battery, accumulator or mains powereds decreased by -44.7% to 117K units in 2022. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. As a result, the exports reached the peak of 212K units, and then shrank remarkably in the following year.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds reduced notably to $1.5M in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. As a result, the exports attained the peak of $2.7M, and then shrank dramatically in the following year.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 281 | 479 | 671 | 289 | 0.9% |
| Egypt | 43.4 | 62.0 | 94.2 | 97.9 | 31.1% |
| Spain | 83.6 | 105 | 137 | 92.2 | 3.3% |
| Germany | 161 | 205 | 290 | 79.4 | -21.0% |
| Jordan | 14.2 | 5.4 | 5.0 | 60.1 | 61.8% |
| Israel | 54.0 | 28.1 | 42.2 | 56.2 | 1.3% |
| Czech Republic | 79.6 | 74.1 | 125 | 50.9 | -13.8% |
| Qatar | 24.0 | 28.3 | 12.2 | 47.8 | 25.8% |
| Croatia | 32.4 | 43.7 | 48.3 | 44.4 | 11.1% |
| Greece | 157 | 149 | 130 | 41.6 | -35.8% |
| Romania | 36.1 | 32.7 | 50.3 | 39.2 | 2.8% |
| Slovenia | 33.6 | 28.9 | 45.6 | 25.0 | -9.4% |
| Malta | 28.6 | 15.9 | 14.0 | 19.8 | -11.5% |
| Others | 797 | 598 | 1,018 | 536 | -12.4% |
| Total | 1,825 | 1,855 | 2,683 | 1,480 | -6.7% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Italy in 2022:
- Egypt (36.1K units)
- Qatar (11.8K units)
- France (10.2K units)
- Israel (8.5K units)
- Greece (7.8K units)
- Croatia (6.6K units)
- Jordan (4.8K units)
- Spain (4.5K units)
- Slovenia (3.0K units)
- Malta (2.8K units)
- Germany (2.7K units)
- Czech Republic (2.5K units)
- Romania (1.8K units)
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