Price for Clock Movements; Complete and Assembled, Electrically Operated in Brazil - 2024

Contents:

  1. Price for Clock Movements; Complete and Assembled, Electrically Operated in Brazil (CIF) - 2022
  2. Price for Clock Movements; Complete and Assembled, Electrically Operated in Brazil (FOB) - 2022
  3. Imports of Clock Movements; Complete and Assembled, Electrically Operated in Brazil
  4. Exports of Clock Movements; Complete and Assembled, Electrically Operated in Brazil

Price for Clock Movements; Complete and Assembled, Electrically Operated in Brazil (CIF) - 2022

In 2022, the average import price for clock movements; complete and assembled, electrically operateds amounted to $0.1 per unit, with an increase of 9.8% against the previous year. Overall, the import price, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2018 an increase of 22%. Over the period under review, average import prices hit record highs at $0.2 per unit in 2012; however, from 2013 to 2022, 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 China ($0.2 per unit), while the price for Hong Kong SAR stood at less than $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Clock Movements; Complete and Assembled, Electrically Operated in Brazil (FOB) - 2022

The average export price for clock movements; complete and assembled, electrically operateds stood at $1 per unit in 2022, shrinking by -21.4% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 223%. Over the period under review, the average export prices attained the peak figure at $7.4 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Norway ($1 per unit) and Poland ($1 per unit), while the average price for exports to Slovakia ($1 per unit) and the UK ($1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-9.7%), while the prices for the other major destinations experienced a decline.

Imports of Clock Movements; Complete and Assembled, Electrically Operated in Brazil

In 2022, after three years of growth, there was significant decline in purchases abroad of clock movements; complete and assembled, electrically operateds, when their volume decreased by -5.3% to 3.3M units. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. As a result, imports attained the peak of 3.5M units, and then dropped in the following year.

In value terms, imports of clock movements; complete and assembled, electrically operateds rose to $479K in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 56%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Clock Movements; Complete and Assembled, Electrically Operated in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20733627535419.6%
Hong Kong SAR20.823.286.570.850.4%
Mexico9.455.863.238.860.4%
Germany47.437.224.3N/A-28.4%
Others11.49.311.015.210.1%
Total29646146047917.4%

Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Brazil in 2022:

  1. China (1800.9K units)
  2. Hong Kong SAR (1520.8K units)
  3. Mexico (9.3K units)

Exports of Clock Movements; Complete and Assembled, Electrically Operated in Brazil

In 2022, exports of clock movements; complete and assembled, electrically operateds from Brazil totaled 12 units, picking up by 9.1% compared with the previous year. In general, exports, however, recorded a deep contraction. The exports peaked at 17 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of clock movements; complete and assembled, electrically operateds declined to $12 in 2022. Over the period under review, exports, however, recorded a sharp reduction. Over the period under review, the exports of attained the maximum at $76 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Clock Movements; Complete and Assembled, Electrically Operated in Brazil (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.0N/A1.01.00.0%
Czech Republic3.0N/A1.01.0-30.7%
Poland19.0N/A2.01.0-62.5%
Serbia1.0N/A1.01.00.0%
Moldova1.0N/A1.01.00.0%
United KingdomN/AN/AN/A1.00%
France1.0N/A1.01.00.0%
Germany43.0N/A3.01.0-71.5%
Switzerland1.0N/A1.01.00.0%
Slovakia1.0N/A1.01.00.0%
Norway1.0N/A1.01.00.0%
SpainN/AN/AN/A1.00%
Bahamas1.0N/AN/AN/A0%
Others3.0N/A1.0N/A-42.3%
Total76.0N/A14.012.0-46.0%

Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Brazil in 2022:

  1. Turkey (1.0 units)
  2. Czech Republic (1.0 units)
  3. Poland (1.0 units)
  4. Serbia (1.0 units)
  5. Moldova (1.0 units)
  6. United Kingdom (1.0 units)
  7. Germany (1.0 units)
  8. Switzerland (1.0 units)
  9. Slovakia (1.0 units)
  10. France (1.0 units)
  11. Norway (1.0 units)
  12. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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