Australia and Oceania: Watch Glasses Market 2020

Watch Glasses Market Size in Australia and Oceania

The revenue of the watch glasses market in Australia and Oceania amounted to $X in 2017, waning by -X% against the previous year. The watch glasses consumption continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2015, with an increase of X% against the previous year. In that year, the watch glasses market attained their peak level of $X. From 2016 to 2017, growth of the watch glasses market failed to regain its momentum.

Watch Glasses Production in Australia and Oceania

Fiji (X units) constituted the country with the largest volume of watch glasses production, accounting for X% of total production.

Watch Glasses Exports in Australia and Oceania

In 2017, the amount of clock or watch glasses and glasses for spectacles exported in Australia and Oceania amounted to X units, coming down by -X% against the previous year. The watch glasses exports continue to indicate a deep deduction. The pace of growth appeared the most rapid in 2011, when exports increased by X% year-to-year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, watch glasses exports amounted to $X in 2017. The watch glasses exports continue to indicate a drastic deduction. Over the period under review, the watch glasses exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Watch Glasses Exports by Country in Australia and Oceania

Australia prevails in watch glasses exports structure, recording X units, which was near X% of total exports in 2017. Fiji (X units) took the mild share of total exports.

Exports from Australia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Fiji (+X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest growing exporter in Australia and Oceania, with a CAGR of +X% from 2007-2017. Australia (X%) significantly strengthened its position in terms of the global exports, while Fiji saw its share reduced by -X% from 2007 to 2017, respectively.

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

From 2007 to 2017, the average annual growth rate of value in Australia totaled -X%.

Watch Glasses Export Prices by Country in Australia and Oceania

The watch glasses export price in Australia and Oceania stood at $X per unit in 2017, picking up by X% against the previous year. The export price indicated a prominent expansion from 2007 to 2017: its price increased 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 watch glasses export price increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year. Over the period under review, the export prices for clock or watch glasses and glasses for spectacles attained its peak figure level in 2017, and is likely to continue its growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Australia ($X per unit), while Fiji ($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 Australia (+X% per year).

Watch Glasses Imports in Australia and Oceania

In 2017, approx. X units of clock or watch glasses and glasses for spectacles were imported in Australia and Oceania; shrinking by -X% against the previous year. The watch glasses imports continue to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2010, when imports increased by X% year-to-year. In that year, the watch glasses imports attained their peak volume of X units. From 2011 to 2017, growth of the watch glasses imports stood at a somewhat lower level.

In value terms, watch glasses imports amounted to $X in 2017. The watch glasses imports continue to indicate a temperate contraction. In that year, the watch glasses imports attained their peak level of $X. From 2009 to 2017, growth of the watch glasses imports failed to regain its momentum.

Watch Glasses Imports by Country in Australia and Oceania

Australia represented the key importing country with an import of around X units, which amounted to X% of total imports. It was distantly followed by Papua New Guinea (X units), New Zealand (X units) and Kiribati (X units), together making up X% share of total imports. Palau (X units) and Fiji (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to watch glasses imports into Australia stood at -X%. At the same time, Palau (+X%) displayed positive paces of growth. Moreover, Palau emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. By contrast, Kiribati (-X%), Fiji (-X%), Papua New Guinea (-X%) and New Zealand (-X%) illustrated a downward trend over the same period. New Zealand (X%), Australia (X%), Papua New Guinea (X%), Fiji (X%) and Kiribati (X%) significantly strengthened its position in terms of the global imports, while Palau saw its share reduced by -X% from 2007 to 2017, respectively.

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

In Australia, watch glasses imports increased 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: New Zealand (-X% per year) and Papua New Guinea (-X% per year).

Watch Glasses Import Prices by Country in Australia and Oceania

The watch glasses import price in Australia and Oceania stood at $X per unit in 2017, growing by X% against the previous year. The import price indicated a strong expansion from 2007 to 2017: its price increased 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 watch glasses import price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. Over the period under review, the import prices for clock or watch glasses and glasses for spectacles attained its maximum level in 2017, and is likely to see steady growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was New Zealand ($X per unit), while Kiribati ($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 Kiribati (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform