Wall Clock And Weather Station Prices in China

China Wall Clock And Weather Station Import Price in May 2022

In May 2022, the wall clock and weather station price amounted to $697 per unit (CIF, China), growing by 16% against the previous month. Over the period from January 2022 to May 2022, it increased at an average monthly rate of +5.7%. The pace of growth was the most pronounced in March 2022 when the average import price increased by 19% m-o-m. As a result, import price reached the peak level of $742 per unit. From April 2022 to May 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In May 2022, the country with the highest price was Switzerland ($28,294 per unit), while the price for Mexico ($19.6 per unit) was amongst the lowest.

From January 2022 to May 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+1,101,917.7%), while the prices for the other major suppliers experienced more modest paces of growth.

China Wall Clock And Weather Station Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In May 2022, the product with the highest price was weather stations and alike ($1,970 per unit), while the price for wall clocks stood at $20.0 per unit.

From January 2022 to May 2022, the most notable rate of growth in terms of prices was attained by wall clocks (-9.0%).

China Wall Clock And Weather Station Imports

In May 2022, overseas purchases of wall clocks, weather stations and alike decreased by -15.5% to 53K units for the first time since February 2022, thus ending a two-month rising trend. Over the period under review, total imports indicated a moderate expansion from January 2022 to May 2022: its volume increased at an average monthly rate of +3.1% over the last four months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2022 figures, imports decreased by -15.5% against April 2022 indices. The growth pace was the most rapid in March 2022 when imports increased by 49% m-o-m. Imports peaked at 63K units in April 2022, and then plummeted in the following month.

In value terms, wall clock and weather station imports contracted slightly to $37M (IndexBox estimates) in May 2022. Overall, total imports indicated a buoyant expansion from January 2022 to May 2022: its value increased at an average monthly rate of +9.0% over the last four-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2022 figures, imports decreased by -10.8% against March 2022 indices. The growth pace was the most rapid in March 2022 when imports increased by 78% against the previous month. As a result, imports reached the peak of $42M. From April 2022 to May 2022, the growth of imports failed to regain momentum.

China Wall Clock And Weather Station Imports by Type

Wall clocks (35K units) and weather stations and alike (18K units) were the main products of wall clock and weather station imports to China.

From January 2022 to May 2022, the biggest increases were in weather stations and alike (with a CAGR of +36.4%).

In value terms, weather stations and alike ($36M) constituted the largest type of wall clock and weather station supplied to China, comprising 98% of total imports. The second position in the ranking was held by wall clocks ($693K), with a 1.9% share of total imports.

China Wall Clock And Weather Station Imports by Country

The United States (2.4K units), Germany (2.3K units) and France (1.2K units) were the main suppliers of wall clock and weather station imports to China, together comprising 11% of total imports.

From January 2022 to May 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +117.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wall clock and weather station suppliers to China were Switzerland ($10M), the United States ($7.7M) and Singapore ($3.2M), with a combined 57% share of total imports.

Among the main suppliers, Singapore, with a CAGR of +80.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.