EU - Clocks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEU: Market for Instrument Panel And Wall Clocks 2024
Market Size for Instrument Panel And Wall Clocks in the EU
In 2020, the EU market for instrument panel and wall clocks decreased by X% to $X, falling for the third consecutive year after two years of growth. In general, consumption continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain momentum.
Production of Instrument Panel And Wall Clocks in the EU
In value terms, instrument panel and wall clock production rose notably to $X in 2020 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production reached the peak level in 2020 and is expected to retain growth in the immediate term.
Exports of Instrument Panel And Wall Clocks
Exports in the EU
For the third year in a row, the European Union recorded growth in shipments abroad of instrument panel and wall clocks, which increased by X% to X units in 2020. The total export volume increased at an average annual rate of X% over the period from 2012 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of export peaked in 2020 and is likely to continue growth in years to come.
In value terms, instrument panel and wall clock exports declined to $X in 2020. The total export value increased at an average annual rate of X% from 2012 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019, and then fell in the following year.
Exports by Country
In 2020, the Netherlands (X units) and Germany (X units) were the main exporters of instrument panel and wall clocks in the European Union, together mixing up X% of total exports. France (X units) ranks next in terms of the total exports with an X% share, followed by Belgium (X%) and Poland (X%). Romania (X units), Spain (X units), the Czech Republic (X units), Austria (X units) and Sweden (X units) held a little share of total exports.
From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, the largest instrument panel and wall clock supplying countries in the European Union were Germany ($X), France ($X) and the Netherlands ($X), together accounting for X% of total exports. Romania, Poland, Belgium, Spain, the Czech Republic, Sweden and Austria lagged somewhat behind, together accounting for a further X%.
Among the main exporting countries, Romania, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2020, the export price in the European Union amounted to $X per unit, reducing by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2020, the export prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Romania ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.
Imports of Instrument Panel And Wall Clocks
Imports in the EU
In 2020, overseas purchases of instrument panel and wall clocks decreased by X% to X units, falling for the second year in a row after three years of growth. Over the period under review, imports recorded a mild shrinkage. The growth pace was the most rapid in 2016 when imports increased by X%. The volume of import peaked at X units in 2018; however, from 2019 to 2020, imports remained at a lower figure.
In value terms, instrument panel and wall clock imports fell rapidly to $X in 2020. Overall, imports continue to indicate a slight shrinkage. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at $X in 2019, and then reduced remarkably in the following year.
Imports by Country
Germany (X units), France (X units) and the Netherlands (X units) represented roughly X% of total imports in 2020. Poland (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Belgium (X%), Italy (X%) and Spain (X%). The following importers - Hungary (X units), Austria (X units), Greece (X units), the Czech Republic (X units), Romania (X units) and Sweden (X units) - together made up X% of total imports.
From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest instrument panel and wall clock importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), together accounting for X% of total imports. Poland, Italy, Spain, Belgium, Austria, Sweden, the Czech Republic, Hungary, Romania and Greece lagged somewhat behind, together comprising a further X%.
Hungary, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The import price in the European Union stood at $X per unit in 2020, reducing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, import price reached the peak level of $X per unit, and then declined in the following year.
There were significant differences in the average prices amongst the major importing countries. In 2020, amid the top importers, the country with the highest price was Austria ($X per unit), while Greece ($X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for instrument panel and wall clock in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521300 - Instrument panel clocks and clocks of a similar type for vehicles, aircraft, spacecraft or vessels (including vehicle chronographs)
- Prodcom 26521400 - Clocks with watch movements, alarm clocks and wall clocks, o ther clocks
Country coverage:
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in the EU, split by region and country
- Trade (exports and imports) in the EU
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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