Northern America: Clock Market 2020

Clock Market Size in Northern America

The revenue of the clock market in Northern America amounted to $X in 2017, going up 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 in certain years. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. Over the period under review, the clock market reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Clock Production in Northern America

The clock production stood at X tons in 2017, surging by X% against the previous year. The clock production continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2009, with an increase of X% against the previous year. Over the period under review, the clock production attained its peak figure volume in 2017, and is likely to see steady growth in the near future.

Clock Exports in Northern America

In 2017, approx. X tons of instrument panel and wall clocks were exported in Northern America; lowering by -X% against the previous year. The clock exports continue to indicate a moderate downturn. The most prominent rate of growth was recorded in 2012, when exports increased by X% y-o-y. Over the period under review, the clock exports attained its maximum volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, clock exports amounted to $X in 2017. The clock exports continue to indicate a relatively flat trend pattern. In that year, the clock exports attained their peak level of $X. From 2013 to 2017, growth of the clock exports stood at a somewhat lower level.

Clock Exports by Country in Northern America

The U.S. was the largest exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Canada (X tons), constituting X% share of total exports.

The U.S. experienced a relatively flat trend pattern of instrument panel and wall clocks exports. Canada (-X%) illustrated a downward trend over the same period. Canada (X%) significantly strengthened its position in terms of the global exports, while the U.S. saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, the U.S. ($X) remains the largest clock supplier in Northern America, making up X% of global exports. The second position in the ranking was occupied by Canada ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in the U.S. stood at +X%.

Clock Export Prices by Country in Northern America

The clock export price in Northern America stood at $X per kg in 2017, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. Over the period under review, the export prices for instrument panel and wall clocks reached its peak figure level of $X per kg in 2011; however, from 2012 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 the U.S. ($X per kg), while Canada ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Canada (+X% per year).

Clock Imports in Northern America

The imports stood at X tons in 2017, falling by -X% against the previous year. The clock imports continue to indicate a drastic drop. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous 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 amounted to $X in 2017. The clock imports continue to indicate a temperate decline. Over the period under review, the clock imports attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Clock Imports by Country in Northern America

In 2017, the U.S. (X tons) represented the key importer for instrument panel and wall clocks, constituting X% of total imports. It was distantly followed by Canada (X tons), comprising X% share of total imports.

Imports into the U.S. decreased at an average annual rate of -X% from 2007 to 2017. Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the U.S. and Canada increased by X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported instrument panel and wall clocks in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

In the U.S., clock imports shrank by an average annual rate of -X% over the period from 2007-2017.

Clock Import Prices by Country in Northern America

In 2017, the clock import price in Northern America amounted to $X per ton, increasing by X% against the previous year. The import price indicated a strong 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 2010 indices. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. In that year, the import prices for instrument panel and wall clocks reached their peak level, and is likely to continue its growth in the immediate term.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Canada ($X per ton) and the U.S. ($X per ton), while the U.S. ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Canada (+X% per year).

Source: IndexBox Platform