Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in New Zealand - 2022
Contents:
- Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in New Zealand (CIF) - 2022
- Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in New Zealand
Price for Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in New Zealand (CIF) - 2022
The average import price for watches; complete movements, unassembled or partly assembled (movement sets) stood at $12 per unit in 2022, falling by -21.4% against the previous year. Over the period under review, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 26%. Over the period under review, average import prices hit record highs at $21 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($16 per unit), while the price for Hong Kong SAR ($8.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in New Zealand
For the third consecutive year, New Zealand recorded decline in purchases abroad of watches; complete movements, unassembled or partly assembled (movement sets), which decreased by -2.3% to 386 units in 2022. In general, imports faced a dramatic descent. Imports peaked at 766 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of watches; complete movements, unassembled or partly assembled (movement sets) dropped dramatically to $4.6K in 2022. Over the period under review, imports saw a sharp downturn. Imports peaked at $12K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1.4 | 2.8 | 1.1 | 1.4 | 0.0% |
| Hong Kong SAR | 0.1 | 0.1 | 0.2 | 1.3 | 135.1% |
| Japan | 0.3 | 0.5 | 0.5 | 1.0 | 49.4% |
| Thailand | 0.3 | 0.5 | 0.3 | 0.6 | 26.0% |
| China | N/A | N/A | N/A | 0.1 | 0% |
| United Kingdom | 1.6 | 0.6 | 0.8 | N/A | -29.3% |
| Australia | 7.2 | 1.5 | 1.5 | N/A | -54.4% |
| United States | 1.2 | 2.0 | 1.4 | N/A | 8.0% |
| Others | 0.1 | 0.2 | 0.3 | N/A | 73.2% |
| Total | 12.1 | 8.3 | 5.9 | 4.6 | -27.6% |
Top Suppliers of Watches; Complete Movements, Unassembled or Partly Assembled (Movement Sets) to New Zealand in 2022:
- Hong Kong SAR (152.0 units)
- Switzerland (90.0 units)
- Japan (76.0 units)
- Thailand (60.0 units)
- China (8.0 units)
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This report provides an in-depth analysis of the rough watch movements market in New Zealand.
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This report provides an in-depth analysis of the global rough watch movements market.
286
This report provides an in-depth analysis of the rough watch movements market in New Zealand.
534
This report provides an in-depth analysis of the global rough watch movements market.
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