Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in New Zealand - 2024
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in New Zealand (CIF) - 2024
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in New Zealand (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in New Zealand
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in New Zealand
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in New Zealand (CIF) - 2024
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $5.5 per unit in December 2023, reducing by -20.6% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 71% m-o-m. As a result, import price attained the peak level of $11.0 per unit. From July 2023 to December 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to December 2023, the rate of growth in terms of prices for China amounted to +0.6% per month.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in New Zealand (FOB) - 2022
In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $11 per unit, falling by -31.8% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for clocks; wall clocks, battery, accumulator or mains powereds increased by +54.4% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of 92%. Over the period under review, the average export prices reached the maximum at $16 per unit in 2021, and then contracted remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($46 per unit), while the average price for exports to Vanuatu ($4.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in New Zealand
In 2022, imports of clocks; wall clocks, battery, accumulator or mains powereds into New Zealand dropped to 186K units, falling by -11.6% against the previous year's figure. Overall, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of 211K units, and then declined in the following year.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds fell to $1.2M in 2022. In general, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 53%. As a result, imports attained the peak of $1.4M, and then contracted in the following year.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 909 | 772 | 1,106 | 1,039 | 4.6% |
| Others | 163 | 111 | 244 | 174 | 2.2% |
| Total | 1,072 | 883 | 1,350 | 1,213 | 4.2% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to New Zealand in 2022:
- China (180.1K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in New Zealand
In 2022, shipments abroad of clocks; wall clocks, battery, accumulator or mains powereds decreased by -49.7% to 308 units, falling for the second year in a row after two years of growth. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 9.5%. As a result, the exports attained the peak of 741 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds dropped markedly to $3.3K in 2022. In general, exports showed a deep contraction. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, the exports reached the peak of $9.6K, and then fell rapidly in the following year.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vanuatu | 0.7 | 1.7 | 0.7 | 0.6 | -5.0% |
| Cook Islands | N/A | 0.1 | 0.6 | 0.6 | 144.9% |
| Tonga | 0.2 | N/A | N/A | 0.4 | 26.0% |
| Fiji | 1.8 | N/A | 0.7 | 0.3 | -45.0% |
| Australia | 1.9 | 5.0 | 4.5 | 0.2 | -52.8% |
| Niue | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Papua New Guinea | 0.2 | N/A | N/A | N/A | 0% |
| Samoa | 0.3 | N/A | 1.3 | N/A | 108.2% |
| Others | 0.3 | 0.3 | 1.6 | 1.1 | 54.2% |
| Total | 5.4 | 7.1 | 9.6 | 3.3 | -15.1% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from New Zealand in 2022:
- Vanuatu (134.0 units)
- Tonga (78.0 units)
- Cook Islands (65.0 units)
- Niue (11.0 units)
- Australia (10.0 units)
- Fiji (7.0 units)
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