Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in New Zealand - 2024
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in New Zealand (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in New Zealand (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in New Zealand
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in New Zealand
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in New Zealand (CIF) - 2022
The average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $47 per unit in 2022, picking up by 91% against the previous year. Over the period under review, the import price showed a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($370 per unit), while the price for China ($7.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in New Zealand (FOB) - 2022
In 2022, the average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $178 per unit, rising by 79% against the previous year. In general, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($259 per unit), while the average price for exports to Samoa ($7.2 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 Hong Kong SAR (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in New Zealand
In 2022, purchases abroad of pocket watches and other watches, including stop-watches; battery or accumulator powereds decreased by -74.8% to 10K units, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 165% against the previous year. As a result, imports attained the peak of 42K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds contracted significantly to $485K in 2022. In general, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 83%. Over the period under review, imports of reached the maximum at $1M in 2021, and then dropped notably in the following year.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 114 | 73.3 | 508 | 347 | 44.9% |
| China | 141 | 418 | 379 | 61.9 | -24.0% |
| Australia | 4.4 | 37.6 | 47.1 | 19.4 | 64.0% |
| United States | 9.4 | 28.0 | 35.8 | 15.7 | 18.6% |
| Hong Kong SAR | 48.8 | 29.8 | 5.5 | 5.4 | -52.0% |
| Others | 17.1 | 25.6 | 33.9 | 35.5 | 27.6% |
| Total | 335 | 613 | 1,009 | 485 | 13.1% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to New Zealand in 2022:
- China (8.2K units)
- Switzerland (0.9K units)
- Australia (0.4K units)
- United States (0.2K units)
- Hong Kong SAR (0.2K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in New Zealand
In 2022, approx. 666 units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were exported from New Zealand; jumping by 109% compared with the previous year's figure. In general, exports recorded pronounced growth. The most prominent rate of growth was recorded in 2020 when exports increased by 214%. As a result, the exports attained the peak of 1.9K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds skyrocketed to $119K in 2022. Overall, exports enjoyed significant growth. Over the period under review, the exports of reached the maximum at $125K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | 7.1 | 108 | 1421.1% |
| Australia | 27.2 | 119 | 18.9 | 6.8 | -37.0% |
| French Polynesia | N/A | N/A | N/A | 1.8 | 0% |
| Solomon Islands | N/A | N/A | N/A | 0.9 | 0% |
| Samoa | 0.4 | N/A | N/A | 0.4 | 0.0% |
| Japan | 6.9 | N/A | 0.8 | N/A | -65.9% |
| Switzerland | N/A | 4.2 | N/A | N/A | 0% |
| Others | 1.0 | 2.2 | 5.0 | 1.0 | 0.0% |
| Total | 35.5 | 125 | 31.7 | 119 | 49.7% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from New Zealand in 2022:
- Hong Kong SAR (416.0 units)
- Solomon Islands (96.0 units)
- Australia (90.0 units)
- Samoa (49.0 units)
- French Polynesia (10.0 units)
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