Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Hungary - 2023
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Hungary (FOB) - 2022
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Hungary (CIF) - 2022
- Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Hungary
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Hungary
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Hungary (FOB) - 2022
In 2022, the average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $4.6 per unit, declining by -26.7% against the previous year. Overall, the export price saw a perceptible curtailment. The growth pace was the most rapid in 2016 an increase of 41%. As a result, the export price reached the peak level of $7.3 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($7.2 per unit), while the average price for exports to Bulgaria ($2.8 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 Italy (+194.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Hungary (CIF) - 2022
In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $5.9 per unit, jumping by 19% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 50% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Slovakia ($20 per unit), while the price for the Czech Republic ($3.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Hungary
In 2022, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds from Hungary soared to 26K units, rising by 377% compared with the previous year's figure. Overall, exports posted a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds soared to $119K in 2022. Over the period under review, exports showed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 26.4 | 6.0 | 14.9 | 43.4 | 18.0% |
| Serbia | 3.8 | 0.7 | 9.1 | 17.9 | 67.6% |
| Spain | N/A | N/A | N/A | 11.8 | 0% |
| Slovakia | 5.7 | 3.8 | 2.5 | 9.9 | 20.2% |
| Bulgaria | N/A | N/A | 1.0 | 9.7 | 870.0% |
| Italy | N/A | 0.2 | N/A | 9.6 | 592.8% |
| Croatia | 4.4 | 3.9 | 6.0 | 9.2 | 27.9% |
| Germany | 42.6 | N/A | N/A | 0.1 | -86.7% |
| Others | 2.3 | 2.3 | 0.8 | 7.6 | 48.9% |
| Total | 85.2 | 17.0 | 34.1 | 119 | 11.8% |
Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Hungary in 2022:
- Romania (6.0K units)
- Serbia (4.8K units)
- Spain (3.8K units)
- Bulgaria (3.5K units)
- Italy (3.1K units)
- Slovakia (1.7K units)
- Croatia (1.6K units)
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Hungary
After two years of decline, overseas purchases of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds increased by 19% to 14K units in 2022. Over the period under review, imports, however, recorded a significant curtailment. Over the period under review, imports of reached the peak figure at 38K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds surged to $85K in 2022. In general, imports, however, continue to indicate a deep downturn. Imports peaked at $104K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 39.5 | 36.2 | 29.3 | 35.5 | -3.5% |
| China | 7.9 | 10.5 | 6.3 | 25.2 | 47.2% |
| Czech Republic | 42.9 | 20.6 | 15.5 | 17.0 | -26.5% |
| Others | 14.0 | 17.3 | 8.4 | 7.1 | -20.3% |
| Total | 104 | 84.5 | 59.6 | 84.8 | -6.6% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Hungary in 2022:
- China (5.0K units)
- Germany (4.5K units)
- Czech Republic (4.5K units)
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