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

Contents:

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

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

The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $48 per unit in 2022, shrinking by -66.4% against the previous year. Over the period under review, the import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 735%. Over the period under review, average import prices attained the maximum at $286 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 United States ($400 per unit), while the price for Turkey amounted to $2.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+24.8%), 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 Peru

In 2022, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds into Peru skyrocketed to 1.2K units, with an increase of 97% against the year before. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 127% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds contracted markedly to $60K in 2022. Overall, imports, however, faced a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. Imports peaked at $141K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14178.784.358.0-25.6%
TurkeyN/AN/AN/A2.30%
SpainN/AN/A4.4N/A0%
China0.20.12.4N/A246.4%
OthersN/A0.9N/AN/A0%
Total14179.691.160.3-24.7%

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

  1. Turkey (1100.0 units)
  2. United States (145.0 units)

Source: IndexBox Market Intelligence Platform

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