Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Brazil - 2024

Contents:

  1. Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Brazil (CIF) - 2022
  2. Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Brazil (FOB) - 2022
  3. Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Brazil
  4. Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Brazil

Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Brazil (CIF) - 2022

The average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $0.4 per unit in 2022, shrinking by -19% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $0.5 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($0.4 per unit), while the price for China stood at $0.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.2%).

Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Brazil (FOB) - 2022

The average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds stood at $3 per unit in 2022, declining by -86.6% against the previous year. In general, the export price continues to indicate a abrupt decline. The growth pace was the most rapid in 2018 when the average export price increased by 109%. Over the period under review, the average export prices hit record highs at $22 per unit in 2021, and then fell notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($13 per unit), while the average price for exports to Uruguay totaled $0.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+24.1%).

Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Brazil

Imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds into Brazil soared to 1.6M units in 2022, picking up by 103% against 2021. Overall, imports, however, recorded a deep downturn. Imports peaked at 2.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds soared to $579K in 2022. In general, imports, however, saw a pronounced slump. Imports peaked at $655K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China600246330571-1.6%
Hong Kong SAR49.97.517.26.6-49.0%
Others4.9N/A5.62.1-24.6%
Total655254353579-4.0%

Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Brazil in 2022:

  1. China (1552.9K units)
  2. Hong Kong SAR (17.4K units)

Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Brazil

For the third consecutive year, Brazil recorded growth in shipments abroad of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds, which increased by 2,800% to 290 units in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds surged to $871 in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Brazil (USD)
COUNTRY202020212022CAGR,
2020-2022
PeruN/AN/A6200%
UruguayN/AN/A2270%
Others12522424.0-56.2%
Total125224871164.0%

Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Brazil in 2022:

  1. Uruguay (239.0 units)
  2. Peru (49.0 units)

Source: IndexBox Market Intelligence Platform

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