Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Brazil - 2024
Contents:
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Brazil (CIF) - 2022
- Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Brazil (FOB) - 2022
- Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Brazil
- Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Brazil
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Brazil (CIF) - 2022
In 2022, the average import price for watch movements; complete and assembled, not automatic winding or electrically operateds amounted to $45 per unit, surging by 209% against the previous year. Overall, the import price posted a resilient increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 663%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($80 per unit), while the price for China amounted to $24 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Brazil (FOB) - 2022
The average export price for watch movements; complete and assembled, not automatic winding or electrically operateds stood at $10 per unit in 2022, falling by -95.8% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 4,825%. As a result, the export price attained the peak level of $3,743 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to -11.1% per year.
Imports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Brazil
Imports of watch movements; complete and assembled, not automatic winding or electrically operateds into Brazil declined markedly to 450 units in 2022, shrinking by -37.5% against the previous year. Overall, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Over the period under review, imports of attained the peak figure at 11K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of watch movements; complete and assembled, not automatic winding or electrically operateds surged to $20K in 2022. Over the period under review, imports showed a abrupt curtailment. Imports peaked at $36K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 4.5 | N/A | 0.1 | 13.1 | 42.8% |
| China | 0.8 | N/A | 0.1 | 6.9 | 105.1% |
| Hong Kong SAR | 12.3 | 0.1 | 0.2 | N/A | -87.2% |
| United States | 9.1 | 10.4 | 9.9 | N/A | 4.3% |
| Others | 9.1 | 0.9 | 0.1 | N/A | -89.5% |
| Total | 35.9 | 11.5 | 10.4 | 20.0 | -17.7% |
Top Suppliers of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated to Brazil in 2022:
- China (287.0 units)
- Switzerland (163.0 units)
Exports of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Brazil
In 2022, the amount of watch movements; complete and assembled, not automatic winding or electrically operateds exported from Brazil contracted dramatically to 6 units, with a decrease of -85.7% compared with the previous year's figure. Overall, exports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 282% against the previous year. As a result, the exports reached the peak of 42 units, and then contracted rapidly in the following year.
In value terms, exports of watch movements; complete and assembled, not automatic winding or electrically operateds contracted rapidly to $60 in 2022. Over the period under review, exports recorded a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 1,000%. As a result, the exports reached the peak of $10K, and then contracted dramatically in the following year.
| Export of Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 7.8 | 0.2 | 7.3 | 0.1 | -76.6% |
| Germany | N/A | 0.7 | N/A | N/A | 0% |
| Others | N/A | N/A | 2.7 | N/A | 0% |
| Total | 7.8 | 0.9 | 10.0 | 0.1 | -76.6% |
Top Export Markets for Watch Movements; Complete and Assembled, Not Automatic Winding or Electrically Operated from Brazil in 2022:
- Switzerland (6.0 units)
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