Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in New Zealand - 2024

Contents:

  1. Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in New Zealand (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in New Zealand (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in New Zealand
  4. Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in New Zealand

Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in New Zealand (CIF) - 2022

The average import price for clock movements; complete and assembled, other than battery, accumulator or mains powereds stood at $3.5 per unit in 2022, jumping by 222% against the previous year. Overall, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 241%. Over the period under review, average import prices reached the peak figure at $12 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($6.8 per unit), while the price for China ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.0%), while the prices for the other major suppliers experienced a decline.

Price for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in New Zealand (FOB) - 2022

In 2022, the average export price for clock movements; complete and assembled, other than battery, accumulator or mains powereds amounted to $12 per unit, with a decrease of -73.3% against the previous year. Over the period under review, the export price saw a abrupt descent. The pace of growth appeared the most rapid in 2020 when the average export price increased by 102% against the previous year. As a result, the export price reached the peak level of $133 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cook Islands.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +228.7% per year.

Imports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in New Zealand

In 2022, the amount of clock movements; complete and assembled, other than battery, accumulator or mains powereds imported into New Zealand declined significantly to 1.4K units, shrinking by -80.8% on the previous year. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 1,744% against the previous year. As a result, imports attained the peak of 7.3K units, and then reduced notably in the following year.

In value terms, imports of clock movements; complete and assembled, other than battery, accumulator or mains powereds shrank dramatically to $4.9K in 2022. Overall, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 211% against the previous year. Imports peaked at $9.5K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR0.20.11.33.5159.6%
IndiaN/AN/AN/A0.90%
China1.10.13.3N/A73.2%
Germany5.70.40.2N/A-81.3%
United States1.10.10.2N/A-57.4%
Others1.41.83.00.5-29.1%
Total9.52.68.04.9-19.8%

Top Suppliers of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered to New Zealand in 2022:

  1. India (808.0 units)
  2. Hong Kong SAR (520.0 units)
  3. China (58.0 units)

Exports of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in New Zealand

In 2022, overseas shipments of clock movements; complete and assembled, other than battery, accumulator or mains powereds increased by 186% to 20 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a sharp shrinkage. Over the period under review, the exports of attained the peak figure at 240 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of clock movements; complete and assembled, other than battery, accumulator or mains powereds contracted dramatically to $237 in 2022. In general, exports, however, recorded a sharp setback. The pace of growth appeared the most rapid in 2020 with an increase of 67%. As a result, the exports reached the peak of $26K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cook IslandsN/A0.6N/A0.2-42.3%
Fiji0.50.5N/AN/A0.0%
United Kingdom12.621.9N/AN/A73.8%
Samoa0.60.70.1N/A-59.2%
Others2.22.80.2N/A-69.8%
Total15.826.50.30.2-76.7%

Top Export Markets for Clock Movements; Complete and Assembled, Other than Battery, Accumulator or Mains Powered from New Zealand in 2022:

  1. Cook Islands (20.0 units)

Source: IndexBox Market Intelligence Platform

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