Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Brazil - 2024
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Brazil (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Brazil (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Brazil
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Brazil
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Brazil (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $995 per unit in 2022, which is down by -22% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of 69%. As a result, import price reached the peak level of $1,379 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($2,425 per unit), while the price for China ($40 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Brazil (FOB) - 2022
In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $49 per unit, waning by -47.1% against the previous year. In general, the export price faced a sharp curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 536% against the previous year. Over the period under review, the average export prices attained the maximum at $1,322 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($1,332 per unit), while the average price for exports to Portugal totaled $30 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+7.5%).
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Brazil
Imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into Brazil surged to 29K units in 2022, increasing by 73% compared with 2021. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings soared to $29M in 2022. Overall, imports showed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 65%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 17.2 | 12.7 | 20.7 | 26.8 | 15.9% |
Japan | 0.1 | 0.3 | 0.8 | 1.7 | 157.1% |
China | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Thailand | N/A | N/A | N/A | 0.2 | 0% |
Malaysia | N/A | N/A | N/A | 0.1 | 0% |
Others | N/A | N/A | N/A | 0.2 | 0% |
Total | 17.5 | 13.1 | 21.6 | 29.2 | 18.6% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Brazil in 2022:
- Switzerland (11.1K units)
- Japan (8.8K units)
- China (5.7K units)
- Thailand (2.3K units)
- Malaysia (1.0K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Brazil
In 2022, overseas shipments of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings decreased by -35% to 5.7K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 507% against the previous year. As a result, the exports reached the peak of 8.8K units, and then contracted dramatically in the following year.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings declined rapidly to $281K in 2022. In general, exports continue to indicate a sharp curtailment. The smallest decline of -7.9% was in 2020. The exports peaked at $969K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 4.2 | 0.6 | 273 | 165 | 239.9% |
Switzerland | 932 | 773 | 447 | 109 | -51.1% |
Australia | N/A | 19.9 | 12.1 | N/A | -39.2% |
Others | 32.5 | 98.1 | 86.3 | 6.9 | -40.3% |
Total | 969 | 892 | 818 | 281 | -33.8% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Brazil in 2022:
- Portugal (5.6K units)
- Switzerland (0.1K units)
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