Eastern Asia: Clock Market 2020

Clock Market Size in Eastern Asia

The revenue of the clock market in Eastern Asia amounted to $X in 2017, shrinking by -X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2008, when market value increased by X% year-to-year. The level of clock consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Clock Production in Eastern Asia

In 2017, approx. X tons of instrument panel and wall clocks were produced in Eastern Asia; approximately equating the previous year. The clock production continues to indicate a mild drop. The most prominent rate of growth was recorded in 2009, when the output figure increased by X% year-to-year. Over the period under review, the clock production attained its peak figure volume of X tons in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Clock Exports in Eastern Asia

In 2017, approx. X tons of instrument panel and wall clocks were exported in Eastern Asia; approximately equating the previous year. The clock exports continue to indicate a significant deduction. The pace of growth was the most pronounced in 2010, when exports increased by X% y-o-y. In that year, the clock exports reached their peak volume of X tons. From 2011 to 2017, growth of the clock exports stood at a somewhat lower level.

In value terms, clock exports stood at $X in 2017. The clock exports continue to indicate a relatively flat trend pattern. Over the period under review, the clock exports attained its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Clock Exports by Country in Eastern Asia

China prevails in clock exports structure, reaching X tons, which was approx. X% of total exports in 2017. China, Hong Kong SAR (X tons) followed a long way behind the leaders.

China was also the fastest growing in terms of the instrument panel and wall clocks exports, with a CAGR of -X% from 2007 to 2017. China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%) and China (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest clock supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in China totaled +X%.

Clock Export Prices by Country in Eastern Asia

The clock export price in Eastern Asia stood at $X per ton in 2017, reducing by -X% against the previous year. The export price indicated a significant increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the clock export price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2008, an increase of X% year-to-year. Over the period under review, the export prices for instrument panel and wall clocks reached its peak figure level of $X per ton in 2015; however, from 2016 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 China, Hong Kong SAR ($X per ton), while China ($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 China, Hong Kong SAR (+X% per year).

Clock Imports in Eastern Asia

In 2017, clock imports in Eastern Asia amounted to X tons, waning by -X% against the previous year. The clock imports continue to indicate a drastic setback. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, clock imports totaled $X in 2017. The clock imports continue to indicate a pronounced contraction. The level of imports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Clock Imports by Country in Eastern Asia

Japan was the major importing country with an import of about X tons, which accounted for X% of total imports. It was distantly followed by China, Hong Kong SAR (X tons), China (X tons), South Korea (X tons) and Taiwan, Chinese (X tons), together achieving X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Korea (X% per year), while the other leaders experienced a decline in the imports figures.

In value terms, the largest clock markets worldwide were Japan ($X), China, Hong Kong SAR ($X) and South Korea ($X), together comprising X% of total imports.

South Korea (+X% per year) recorded the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced a decline in the imports figures.

Clock Import Prices by Country in Eastern Asia

The clock import price in Eastern Asia stood at $X per ton in 2017, leveling off at the previous year. The import price indicated a remarkable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the clock import price increased by +X% against 2007 indices. The growth pace was the most rapid in 2008, an increase of X% year-to-year. Over the period under review, the import prices for instrument panel and wall clocks reached its peak figure level of $X per ton in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per ton), while Taiwan, Chinese ($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 China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform