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

Contents:

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

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

The average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $5.5 per unit in 2022, with a decrease of -4.1% against the previous year. Over the period under review, the import price, however, enjoyed a measured increase. The growth pace was the most rapid in 2019 an increase of 86%. As a result, import price attained the peak level of $8.3 per unit. From 2020 to 2022, the average import prices remained 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 the Netherlands ($12 per unit), while the price for Vietnam ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $4.1 per unit in 2022, increasing by 1.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 42%. The export price peaked at $7.8 per unit in 2014; however, from 2015 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 the Netherlands ($23 per unit), while the average price for exports to Portugal ($0.8 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 Netherlands (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 167K units of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds were imported into Belgium; jumping by 91% compared with 2021. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 400% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds soared to $915K in 2022. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 147% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China61.737424238584.1%
Netherlands34.3107138331112.9%
France13540.544.990.3-12.5%
Vietnam0.295.4N/A55.0550.3%
Germany11.714.116.623.325.8%
Others30.040.460.130.60.7%
Total27367250191549.7%

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

  1. China (82.0K units)
  2. Netherlands (28.6K units)
  3. France (26.0K units)
  4. Vietnam (25.0K units)
  5. Germany (4.7K units)

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

In 2022, the amount of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds exported from Belgium skyrocketed to 82K units, with an increase of 120% on the previous year's figure. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 456% against the previous year. As a result, the exports attained the peak of 130K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds soared to $339K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 203%. As a result, the exports attained the peak of $454K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.924661.9205313.5%
Germany0.218245.070.4606.1%
United Kingdom0.70.624.520.1206.2%
Portugal0.36.10.23.8133.1%
Spain1210.40.90.1-90.6%
Others24.518.618.740.217.9%
Total15045415133931.2%

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

  1. France (55.0K units)
  2. United Kingdom (10.8K units)
  3. Germany (9.1K units)
  4. Portugal (4.8K units)

Source: IndexBox Market Intelligence Platform

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