Price for Watches; Incomplete Movements, Assembled in New Zealand - 2022

Price for Watches; Incomplete Movements, Assembled in New Zealand (CIF) - 2022

In 2022, the average watches; incomplete movements, assembled import price amounted to $0.4 per unit, waning by -99.6% against the previous year. Over the period under review, the import price faced a precipitous descent. The most prominent rate of growth was recorded in 2018 an increase of 408% against the previous year. Over the period under review, average import prices reached the peak figure at $104 per unit in 2021, and then contracted notably in the following year.

As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to -92.8% per year.

Imports of Watches; Incomplete Movements, Assembled in New Zealand

For the third consecutive year, New Zealand recorded growth in supplies from abroad of watches; incomplete movements, assembleds, which increased by 14,969% to 5.3K units in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, watches; incomplete movements, assembled imports fell notably to $2.2K in 2022. Overall, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 135%. As a result, imports attained the peak of $3.6K, and then contracted notably in the following year.