Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in New Zealand - 2024

Contents:

  1. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in New Zealand (CIF) - 2022
  2. Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in New Zealand (FOB) - 2022
  3. Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in New Zealand
  4. Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in New Zealand

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in New Zealand (CIF) - 2022

The average import price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $99 per unit in 2022, waning by -30.8% against the previous year. Overall, the import price saw a abrupt downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by 783%. The import price peaked at $281 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($107 per unit), while the price for Japan ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+68.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in New Zealand (FOB) - 2022

The average export price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $7,722 per unit in 2022, rising by 38,882% against the previous year. Over the period under review, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +457.6% per year.

Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in New Zealand

In 2022, approx. 852 units of watch movements; complete and assembled, not automatic winding or electrically operateds were imported into New Zealand; increasing by 44% on the previous year's figure. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 149% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds fell modestly to $84K in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 245%. As a result, imports reached the peak of $101K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.992.559.177.366.0%
United KingdomN/AN/A6.41.3-79.7%
Japan0.70.50.81.322.9%
PortugalN/AN/AN/A0.80%
United States9.13.70.30.3-67.9%
Switzerland1.20.58.70.3-37.0%
Others1.43.99.32.927.5%
Total29.410184.684.142.0%

Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to New Zealand in 2022:

  1. China (720.0 units)
  2. Japan (80.0 units)
  3. United Kingdom (25.0 units)
  4. Portugal (15.0 units)
  5. Switzerland (3.0 units)
  6. United States (1.0 units)

Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in New Zealand

In 2022, exports of watch movements; complete and assembled, not automatic winding or electrically operateds from New Zealand declined significantly to 2 units, dropping by -99% compared with the previous year's figure. Overall, exports faced a precipitous decline. The exports peaked at 208 units in 2021, and then declined rapidly in the following year.

In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds surged to $15K in 2022. In general, exports, however, posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in New Zealand (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
AustraliaN/A15.40%
South Africa4.1N/A0%
OthersN/AN/A0%
Total4.115.4275.6%

Top Export Markets for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated from New Zealand in 2022:

  1. Australia (2.0 units)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Free Data: Watch movements; complete and assembled, not automatic winding or electrically operated - New Zealand