Australia and Oceania: Clock Market 2020

Clock Market Size in Australia and Oceania

The revenue of the clock market in Australia and Oceania amounted to $X in 2017, dropping by -X% against the previous year. The clock consumption continues to indicate a mild drop. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. In that year, the clock market attained their peak level of $X. From 2016 to 2017, growth of the clock market failed to regain its momentum.

Clock Production in Australia and Oceania

In 2017, production of instrument panel and wall clocks in Australia and Oceania totaled X tons, lowering by -X% against the previous year. The clock production continues to indicate a prominent growth. The pace of growth appeared the most rapid in 2009, when the output figure increased by X% y-o-y. Over the period under review, the clock production reached its peak figure volume of X tons in 2016, and then declined slightly in the following year.

Clock Exports in Australia and Oceania

The exports stood at X tons in 2017, surging by X% against the previous year. The clock exports continue to indicate a pronounced deduction. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. The volume of exports peaked of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, clock exports stood at $X in 2017. The clock exports continue to indicate a deep decrease. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Clock Exports by Country in Australia and Oceania

Australia prevails in clock exports structure, recording X tons, which was near X% of total exports in 2017. It was distantly followed by New Zealand (X tons), constituting X% share of total exports. Fiji (X kg) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to clock exports from Australia stood at -X%. 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. By contrast, New Zealand (-X%) illustrated a downward trend over the same period. While the share of Australia (X%) and New Zealand (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Australia, clock exports decreased by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (-X% per year) and Fiji (-X% per year).

Clock Export Prices by Country in Australia and Oceania

The clock export price in Australia and Oceania stood at $X per kg in 2017, reducing by -X% against the previous year. The clock export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when it surged by X% year-to-year. In that year, the export prices for instrument panel and wall clocks attained their peak level of $X per kg. From 2016 to 2017, growth of the export prices for instrument panel and wall clocks failed to regain its momentum.

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

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

Clock Imports in Australia and Oceania

In 2017, clock imports in Australia and Oceania amounted to X tons, growing by X% against the previous year. The clock imports continue to indicate a drastic deduction. The pace of growth appeared the most rapid in 2012, with an increase of X% year-to-year. Over the period under review, the clock imports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, clock imports stood at $X in 2017. The clock imports continue to indicate a slight downturn. In that year, the clock imports attained their peak level of $X. From 2013 to 2017, growth of the clock imports failed to regain its momentum.

Clock Imports by Country in Australia and Oceania

Australia was the key importer of instrument panel and wall clocks in Australia and Oceania, with the volume of imports finishing at X tons, which was near X% of total imports in 2017. It was distantly followed by New Zealand (X tons), creating X% share of total imports. Papua New Guinea (X tons) occupied the weak share of total imports.

From 2007 to 2017, average annual rates of growth with regard to clock imports into Australia stood at -X%. Papua New Guinea (-X%) and New Zealand (-X%) illustrated a downward trend over the same period. While the share of Australia (X%), New Zealand (X%) and Papua New Guinea (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Australia, clock imports remained relatively stable over the period from 2007-2017. In the other countries, the average annual rates were as follows: New Zealand (-X% per year) and Papua New Guinea (+X% per year).

Clock Import Prices by Country in Australia and Oceania

The clock import price in Australia and Oceania stood at $X per ton in 2017, dropping by -X% against the previous year. The import price indicated a prominent growth 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 clock import price decreased by -X% against 2014 indices. The growth pace was the most rapid in 2008, an increase of X% against the previous year. The level of import price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

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

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

Source: IndexBox Platform