CIS: Clock Market 2020

Clock Market Size in CIS

The revenue of the clock market in CIS amounted to $X in 2017, waning by -X% against the previous year. The clock consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, when market value increased by X% against the previous year. In that year, the clock market attained their peak level of $X. From 2014 to 2017, growth of the clock market failed to regain its momentum.

Clock Production in CIS

The clock production amounted to X tons in 2017, picking up by X% against the previous year. The clock production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. The volume of clock production peaked in 2017, and is likely to continue its growth in the near future.

Clock Exports in CIS

The exports stood at X tons in 2017, surging by X% against the previous year. The clock exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2010, when exports increased by X% year-to-year. The volume of exports peaked of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, clock exports totaled $X in 2017. The clock exports continue to indicate a slight expansion. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Clock Exports by Country in CIS

In 2017, Belarus (X tons) represented the largest exporter for instrument panel and wall clocks, achieving X% of total exports. It was distantly followed by Russia (X tons), making up X% share of total exports. Kazakhstan (X tons) took the slight share of total exports.

From 2007 to 2017, average annual rates of growth with regard to clock exports from Belarus stood at +X%. At the same time, Kazakhstan (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. Russia (-X%) and Belarus (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Belarus ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Among the main exporting countries , Kazakhstan (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced mixed trends in the exports figures.

Clock Export Prices by Country in CIS

The clock export price in CIS stood at $X per ton in 2017, lowering by -X% against the previous year. The clock export price continues to indicate an abrupt decline. The pace of growth appeared the most rapid in 2016, when the export prices increased by X% y-o-y. Over the period under review, the export prices for instrument panel and wall clocks attained its peak figure level of $X per ton in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Kazakhstan ($X per kg), while Belarus ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (-X% per year), while the other leaders experienced a decline in the export price figures.

Clock Imports in CIS

In 2017, imports of instrument panel and wall clocks in CIS totaled X tons, rising by X% against the previous year. The clock imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2013, when it surged by X% y-o-y. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, clock imports totaled $X in 2017. The clock imports continue to indicate a modest growth. Over the period under review, the clock imports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Clock Imports by Country in CIS

Russia dominates clock imports structure, accounting for X tons, which was approx. X% of total imports in 2017. Belarus (X tons) ranks second in terms of the global imports with a X% share, followed by Kazakhstan (X%). Kyrgyzstan (X tons) and Azerbaijan (X tons) occupied the minor share of total imports.

Imports into Russia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Belarus (+X%), Kazakhstan (+X%) and Azerbaijan (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. By contrast, Kyrgyzstan (-X%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (X%) increased significantly in terms of the global imports from 2007-2017, the share of Kazakhstan (-X%), Belarus (-X%) and Russia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported instrument panel and wall clocks in CIS, making up X% of global imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global imports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+X% per year) and Kazakhstan (+X% per year).

Clock Import Prices by Country in CIS

The clock import price in CIS stood at $X per ton in 2017, reducing by -X% against the previous year. The clock import price continues to indicate a drastic decline. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. The level of import price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Azerbaijan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kyrgyzstan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform