Australia and Oceania: Assembled Watch Movements Market 2020

Assembled Watch Movements Market Size in Australia and Oceania

The revenue of the assembled watch movements market in Australia and Oceania amounted to $X in 2017, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The assembled watch movements consumption continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, the assembled watch movements market reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Assembled Watch Movements Exports in Australia and Oceania

In 2017, approx. X units of watch movements, complete and assembled were exported in Australia and Oceania; lowering by -X% against the previous year. The assembled watch movements exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, with an increase of X% y-o-y. In that year, the assembled watch movements exports attained their peak volume of X units. From 2014 to 2017, growth of the assembled watch movements exports stood at a somewhat lower level.

In value terms, assembled watch movements exports totaled $X in 2017. The assembled watch movements exports continue to indicate a strong increase. In that year, the assembled watch movements exports attained their peak level, and are likely to continue its growth in the immediate term.

Assembled Watch Movements Exports by Country in Australia and Oceania

Australia dominates assembled watch movements exports structure, amounting to X units, which was approx. X% of total exports in 2017. It was distantly followed by New Zealand (X units), making up X% share of total exports. Fiji (X units) took the mild share of total exports.

Australia was also the fastest growing in terms of the watch movements, complete and assembled exports, with a CAGR of +X% from 2007 to 2017. Fiji (-X%) and New Zealand (-X%) illustrated a downward trend over the same period. New Zealand (X%) and Fiji (X%) significantly strengthened its position in terms of the global exports, while Australia saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Australia ($X) remains the largest assembled watch movements supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by Fiji ($X), with a X% share of global exports. It was followed by New Zealand, with a X% share.

In Australia, assembled watch movements exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Fiji (+X% per year) and New Zealand (-X% per year).

Assembled Watch Movements Export Prices by Country in Australia and Oceania

In 2017, the assembled watch movements export price in Australia and Oceania amounted to $X per unit, going up by X% against the previous year. The assembled watch movements export price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2017, an increase of X% y-o-y. In that year, the export prices for watch movements, complete and assembled attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Fiji ($X thousand per unit), while New Zealand ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Fiji (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Assembled Watch Movements Imports in Australia and Oceania

The imports totaled X units in 2017, waning by -X% against the previous year. The assembled watch movements imports continue to indicate an abrupt setback. The pace of growth was the most pronounced in 2009, with an increase of X% against the previous year. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, assembled watch movements imports totaled $X in 2017. The total imports indicated a strong increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the assembled watch movements imports increased by +X% against 2015 indices. The level of imports peaked in 2017, and are likely to continue its growth in the near future.

Assembled Watch Movements Imports by Country in Australia and Oceania

Australia represented the major importer of watch movements, complete and assembled in Australia and Oceania, with the volume of imports amounting to X units, which was near X% of total imports in 2017. It was distantly followed by French Polynesia (X units), Vanuatu (X units) and New Zealand (X units), together committing X% share of total imports. Papua New Guinea (X units) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. Vanuatu and Papua New Guinea experienced a relatively flat trend pattern. By contrast, French Polynesia (-X%) illustrated a downward trend over the same period. While the share of Australia (X%) and French Polynesia (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported watch movements, complete and assembled in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by Papua New Guinea ($X), with a X% share of global imports. It was followed by New Zealand, with a X% share.

In Australia, assembled watch movements imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Papua New Guinea (+X% per year) and New Zealand (+X% per year).

Assembled Watch Movements Import Prices by Country in Australia and Oceania

In 2017, the assembled watch movements import price in Australia and Oceania amounted to $X per unit, coming up by X% against the previous year. The assembled watch movements import price continues to indicate a prominent growth. The pace of growth was the most pronounced in 2012, an increase of X% y-o-y. Over the period under review, the import prices for watch movements, complete and assembled attained its peak figure level in 2017, and is likely to see steady growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Papua New Guinea ($X per unit), while French Polynesia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by French Polynesia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform