Price for Watches; Incomplete Movements, Assembled in Brazil - 2023
Contents:
- Price for Watches; Incomplete Movements, Assembled in Brazil (CIF) - 2022
- Imports of Watches; Incomplete Movements, Assembled in Brazil
Price for Watches; Incomplete Movements, Assembled in Brazil (CIF) - 2022
In 2022, the average watches; incomplete movements, assembled import price amounted to $4.3 per unit, jumping by 35% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, watches; incomplete movements, assembled import price increased by +51.9% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 99.9% against the previous year. The import price peaked at $5.4 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($14 per unit), while the price for China stood at $2.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%).
Imports of Watches; Incomplete Movements, Assembled in Brazil
Watches; incomplete movements, assembled imports into Brazil was estimated at 41K units in 2022, surging by 13% against the previous year. Overall, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 336%. Over the period under review, imports reached the maximum at 53K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, watches; incomplete movements, assembled imports soared to $173K in 2022. In general, imports posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 259% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Watches; Incomplete Movements, Assembled in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 133 | 21.0 | 97.8 | 106 | -7.3% |
| Hong Kong SAR | 2.9 | 4.3 | 11.8 | 55.7 | 167.8% |
| Others | 13.3 | 6.3 | 3.8 | 11.5 | -4.7% |
| Total | 149 | 31.6 | 114 | 173 | 5.1% |
Top Suppliers of Watches; Incomplete Movements, Assembled to Brazil in 2022:
- China (36.7K units)
- Hong Kong SAR (3.9K units)
387
This report provides an in-depth analysis of the rough watch movements market in Brazil.
565
This report provides an in-depth analysis of the global rough watch movements market.
387
This report provides an in-depth analysis of the rough watch movements market in Brazil.
565
This report provides an in-depth analysis of the global rough watch movements market.
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