Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Czech Republic - 2023

Contents:

  1. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Czech Republic (CIF) - 2022
  2. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Czech Republic (FOB) - 2023
  3. Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Czech Republic
  4. Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Czech Republic

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Czech Republic (CIF) - 2022

In 2022, the average import price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $5.4 per unit, shrinking by -17.9% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 an increase of 26%. Over the period under review, average import prices reached the peak figure at $6.6 per unit in 2021, and then dropped dramatically in the following year.

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 Taiwan (Chinese) ($17 per unit), while the price for Poland ($3.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Czech Republic (FOB) - 2023

The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $19.9 per unit in November 2023, picking up by 38% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 101% month-to-month. Over the period under review, the average export prices hit record highs at $31.9 per unit in August 2023; however, from September 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Switzerland ($137 per unit), while the average price for exports to Hungary ($6.2 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+9.0%), 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 the Czech Republic

In 2022, imports of clocks; wall clocks, battery, accumulator or mains powereds into the Czech Republic surged to 944K units, picking up by 25% on 2021. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds stood at $5.1M in 2022. The total import value increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,1991,0211,2561,717-7.9%
Germany4581,2881,7381,42345.9%
Poland17335553667057.0%
Netherlands27.6402405291119.3%
Taiwan (Chinese)18124041525512.1%
Austria14582.61241572.7%
Slovakia63.393.695.514331.2%
Others529298427474-3.6%
Total3,7753,7794,9975,12910.8%

Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to the Czech Republic in 2022:

  1. China (339.0K units)
  2. Germany (273.6K units)
  3. Poland (181.3K units)
  4. Netherlands (56.0K units)
  5. Austria (29.2K units)
  6. Slovakia (26.3K units)
  7. Taiwan (Chinese) (14.9K units)

Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Czech Republic

In 2022, exports of clocks; wall clocks, battery, accumulator or mains powereds from the Czech Republic dropped notably to 192K units, declining by -19.3% against the previous year. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 23%. The exports peaked at 292K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds contracted dramatically to $3.8M in 2022. Overall, exports recorded a noticeable reduction. The growth pace was the most rapid in 2021 with an increase of 21%. As a result, the exports reached the peak of $4.9M, and then dropped rapidly in the following year.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,1421,4061,7991,1811.1%
Switzerland8708539028800.4%
Slovakia5625877335750.8%
Poland548634761520-1.7%
Austria98.51521651309.7%
Hungary77.342.968.791.15.6%
United Arab Emirates51.910.37.335.8-11.6%
France41.823.342.334.4-6.3%
Croatia3.71.77.617.266.9%
Romania75.824.148.27.5-53.7%
Others640320391373-16.5%
Total4,1124,0554,9253,845-2.2%

Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from the Czech Republic in 2022:

  1. Germany (62.3K units)
  2. Slovakia (39.2K units)
  3. Poland (32.0K units)
  4. Hungary (19.4K units)
  5. Austria (8.4K units)
  6. United Arab Emirates (7.1K units)
  7. Switzerland (5.7K units)
  8. Croatia (3.4K units)
  9. France (3.2K units)
  10. Romania (0.4K units)

Source: IndexBox Market Intelligence Platform

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