Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in New Zealand - 2023

Contents:

  1. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in New Zealand (CIF) - 2022
  2. Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in New Zealand (FOB) - 2022
  3. Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in New Zealand
  4. Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in New Zealand

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in New Zealand (CIF) - 2022

In 2022, the average import price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $25 per unit, surging by 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2013 an increase of 19%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($25 per unit), while the price for Switzerland totaled $25 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+4.4%).

Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in New Zealand (FOB) - 2022

In 2022, the average export price for watch cases; of base metal, whether or not gold-plated or silver-plated amounted to $34 per unit, with an increase of 44% against the previous year. Over the period under review, the export price, however, saw a slight contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by 51% against the previous year. The export price peaked at $39 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2014 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +7.6% per year.

Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in New Zealand

In 2022, the amount of watch cases; of base metal, whether or not gold-plated or silver-plated imported into New Zealand shrank markedly to 379 units, with a decrease of -83.2% on the year before. Over the period under review, imports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, imports of reached the maximum at 2.7K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated fell remarkably to $9.6K in 2022. In general, imports showed a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Over the period under review, imports of attained the maximum at $63K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China40.627.533.85.3-49.3%
Switzerland0.11.33.14.1244.8%
SwedenN/AN/A1.1N/A0%
Australia17.56.60.1N/A-92.4%
Others4.55.313.00.2-64.6%
Total62.740.751.19.6-46.5%

Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to New Zealand in 2022:

  1. China (207.0 units)
  2. Switzerland (161.0 units)
  3. Australia (2.0 units)

Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in New Zealand

After three years of growth, overseas shipments of watch cases; of base metal, whether or not gold-plated or silver-plated decreased by -33.3% to 4 units in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 400%. Over the period under review, the exports of reached the maximum at 6 units in 2021, and then fell significantly in the following year.

In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated dropped slightly to $134 in 2022. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 653% against the previous year. Over the period under review, the exports of attained the maximum at $140 in 2021, and then dropped slightly in the following year.

Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in New Zealand (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia16.0126138134103.1%
NiueN/A2.02.0N/A0.0%
Others1.0N/AN/AN/A0%
Total17.012814013499.0%

Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from New Zealand in 2022:

  1. Australia (4.0 units)

Source: IndexBox Market Intelligence Platform

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