Price for Clock Movements; Complete and Assembled, Electrically Operated in New Zealand - 2024

Contents:

  1. Price for Clock Movements; Complete and Assembled, Electrically Operated in New Zealand (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled, Electrically Operated in New Zealand (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled, Electrically Operated in New Zealand
  4. Exports of Clock Movements; Complete and Assembled, Electrically Operated in New Zealand

Price for Clock Movements; Complete and Assembled, Electrically Operated in New Zealand (CIF) - 2022

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $3.7 per unit, surging by 33% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for clock movements; complete and assembled, electrically operateds increased by +6.6% against 2018 indices. The pace of growth appeared the most rapid in 2014 an increase of 75% against the previous year. As a result, import price reached the peak level of $6.2 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5.1 per unit), while the price for China ($2.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced a decline.

Price for Clock Movements; Complete and Assembled, Electrically Operated in New Zealand (FOB) - 2022

In 2022, the average export price for clock movements; complete and assembled, electrically operateds amounted to $6.8 per unit, dropping by -51.8% against the previous year. Overall, the export price showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 a decrease of -27.4%. Over the period under review, the average export prices attained the peak figure at $81 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($7.4 per unit), while the average price for exports to Fiji amounted to $1 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-16.3%).

Imports of Clock Movements; Complete and Assembled, Electrically Operated in New Zealand

In 2022, imports of clock movements; complete and assembled, electrically operateds into New Zealand surged to 9K units, with an increase of 36% on the year before. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 119%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of clock movements; complete and assembled, electrically operateds skyrocketed to $33K in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Electrically Operated in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.92.711.622.880.1%
Germany0.40.60.63.8111.8%
India1.01.31.81.00.0%
Australia4.16.80.4N/A-68.8%
Others3.92.33.95.411.5%
Total13.313.818.333.035.4%

Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to New Zealand in 2022:

  1. China (7.9K units)
  2. Germany (0.8K units)
  3. India (0.2K units)

Exports of Clock Movements; Complete and Assembled, Electrically Operated in New Zealand

In 2022, exports of clock movements; complete and assembled, electrically operateds from New Zealand soared to 12 units, increasing by 100% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The exports peaked at 19 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, electrically operateds declined to $82 in 2022. Overall, exports, however, continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 9%. Over the period under review, the exports of attained the maximum at $744 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Clock Movements; Complete and Assembled, Electrically Operated in New Zealand (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia33939.01.081.0-37.9%
Fiji16139.01.01.0-81.6%
ThailandN/AN/A28.0N/A0%
ColombiaN/AN/A50.0N/A0%
United States244N/AN/AN/A0%
United Arab EmiratesN/AN/A5.0N/A0%
OthersN/AN/AN/AN/A0%
Total74478.085.082.0-52.1%

Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from New Zealand in 2022:

  1. Australia (11.0 units)
  2. Fiji (1.0 units)

Source: IndexBox Market Intelligence Platform

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