Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in New Zealand - 2024
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in New Zealand (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in New Zealand (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in New Zealand
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in New Zealand
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in New Zealand (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $1,542 per unit in 2022, with an increase of 15% against the previous year. Over the period under review, the import price posted prominent growth. The growth pace was the most rapid in 2014 an increase of 147% against the previous year. Over the period under review, average import prices attained the peak figure at $1,889 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 ($2,730 per unit), while the price for China ($64 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in New Zealand (FOB) - 2022
The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $3,056 per unit in 2022, declining by -24.7% against the previous year. In general, the export price, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 664%. As a result, the export price attained the peak level of $6,563 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($30,463 per unit), while the average price for exports to Poland ($260 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 Australia (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in New Zealand
In 2022, approx. 9.2K units of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were imported into New Zealand; dropping by -16% against the previous year. Over the period under review, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Imports peaked at 13K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings fell slightly to $14M in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. Over the period under review, imports of attained the peak figure at $15M in 2021, and then dropped in the following year.
| Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 11.4 | 13.7 | 13.9 | 13.5 | 5.8% |
| Japan | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| United States | N/A | N/A | 0.1 | 0.1 | 0.0% |
| China | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Hong Kong SAR | 0.4 | 0.3 | N/A | N/A | -25.0% |
| Philippines | N/A | N/A | 0.2 | N/A | 0% |
| Others | 0.1 | 0.3 | 0.4 | 0.2 | 26.0% |
| Total | 12.1 | 14.4 | 14.8 | 14.2 | 5.5% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to New Zealand in 2022:
- Switzerland (5.0K units)
- China (2.3K units)
- Japan (1.4K units)
- United States (0.3K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in New Zealand
In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings exported from New Zealand skyrocketed to 324 units, growing by 70% compared with 2021 figures. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 154%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings skyrocketed to $990K in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 117% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 0.1 | 73.1 | 197 | 734 | 1843.4% |
| Ireland | N/A | N/A | 5.0 | 101 | 1920.0% |
| Singapore | 14.4 | 9.3 | 55.4 | 75.6 | 73.8% |
| Hong Kong SAR | 266 | 70.0 | 407 | 30.5 | -51.4% |
| Switzerland | N/A | 50.8 | 38.9 | 18.9 | -39.0% |
| United States | 13.4 | 86.2 | 21.2 | 10.6 | -7.5% |
| Poland | N/A | N/A | 3.8 | 7.3 | 92.1% |
| Others | 7.9 | 67.3 | 46.5 | 12.8 | 17.5% |
| Total | 302 | 357 | 775 | 990 | 48.6% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from New Zealand in 2022:
- Australia (239.0 units)
- Poland (28.0 units)
- Ireland (21.0 units)
- Singapore (17.0 units)
- Switzerland (10.0 units)
- United States (4.0 units)
- Hong Kong SAR (1.0 units)
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