Musical Boxes Price in New Zealand - 2023

Contents:

  1. Musical Boxes Price in New Zealand (CIF) - 2022
  2. Musical Boxes Price in New Zealand (FOB) - 2022
  3. Musical Boxes Imports in New Zealand
  4. Musical Boxes Exports in New Zealand

Musical Boxes Price in New Zealand (CIF) - 2022

The average musical boxes import price stood at $7.4 per unit in 2022, falling by -4.3% against the previous year. In general, the import price, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 an increase of 50% against the previous year. The import price peaked at $7.7 per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($67 per unit), while the price for Australia ($2.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Musical Boxes Price in New Zealand (FOB) - 2022

The average musical boxes export price stood at $30 per unit in 2022, waning by -10.8% against the previous year. Overall, the export price, however, posted strong growth. The pace of growth was the most pronounced in 2021 an increase of 136% against the previous year. As a result, the export price attained the peak level of $34 per unit, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($990 per unit), while the average price for exports to Samoa ($6.5 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 Australia (+32.4%), while the prices for the other major destinations experienced mixed trend patterns.

Musical Boxes Imports in New Zealand

In 2022, the amount of musical boxeses imported into New Zealand reduced remarkably to 12K units, which is down by -16.8% on the previous year. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. Over the period under review, imports attained the maximum at 15K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, musical boxes imports dropped rapidly to $89K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 69%. As a result, imports attained the peak of $112K, and then dropped dramatically in the following year.

Import of Musical Boxes in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China30.825.640.037.77.0%
United States16.315.016.618.03.4%
United Kingdom0.1N/A6.76.3297.9%
Italy2.77.43.24.114.9%
Australia5.31.72.92.9-18.2%
France1.14.23.12.938.1%
Germany2.70.92.72.6-1.3%
Hong Kong SAR1.71.31.00.9-19.1%
Others7.110.035.513.423.6%
Total67.866.211288.99.5%

Top Suppliers of Musical Boxes to New Zealand in 2022:

  1. China (7.5K units)
  2. United Kingdom (1.4K units)
  3. Australia (1.1K units)
  4. Italy (0.5K units)
  5. Germany (0.5K units)
  6. United States (0.3K units)
  7. France (0.3K units)
  8. Hong Kong SAR (0.2K units)

Musical Boxes Exports in New Zealand

In 2022, overseas shipments of musical boxeses were finally on the rise to reach 37 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a precipitous decrease. The exports peaked at 135 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, musical boxes exports contracted to $1.1K in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 6.4%. Over the period under review, the exports reached the peak figure at $1.2K in 2021, and then dropped modestly in the following year.

Export of Musical Boxes in New Zealand (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A5090%
South Korea2022812022345.0%
Samoa612298151208-30.2%
Australia209499176170-6.7%
OthersN/A10.06271.0-68.4%
Total1,0231,0881,1561,1223.1%

Top Export Markets for Musical Boxes from New Zealand in 2022:

  1. Samoa (32.0 units)
  2. South Korea (4.0 units)
  3. Switzerland (1.0 units)
  4. Australia (1.0 units)

Source: IndexBox Market Intelligence Platform

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