Price for Clock or Watch Parts; Dials in Brazil - 2023

Contents:

  1. Price for Clock or Watch Parts; Dials in Brazil (CIF) - 2023
  2. Price for Clock or Watch Parts; Dials in Brazil (FOB) - 2022
  3. Imports of Clock or Watch Parts; Dials in Brazil
  4. Exports of Clock or Watch Parts; Dials in Brazil

Price for Clock or Watch Parts; Dials in Brazil (CIF) - 2023

The average import price for clock or watch parts; dialses stood at $14.2 per unit in October 2023, growing by 24% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Hong Kong SAR ($14.1 per unit), while the price for China stood at $13.8 per unit.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+2.7%).

Price for Clock or Watch Parts; Dials in Brazil (FOB) - 2022

The average export price for clock or watch parts; dialses stood at $1,231 per unit in 2022, picking up by 18% against the previous year. Overall, the export price recorded significant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 189% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 Japan amounted to +74.6% per year.

Imports of Clock or Watch Parts; Dials in Brazil

In 2022, approx. 2.2K units of clock or watch parts; dialses were imported into Brazil; which is down by -7.2% against the year before. Overall, imports saw a precipitous decrease. Over the period under review, imports reached the peak figure at 45K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, clock or watch parts; dials imports rose markedly to $8.2M in 2022. Over the period under review, imports recorded a noticeable decline. The pace of growth appeared the most rapid in 2021 when imports increased by 58% against the previous year. Over the period under review, imports reached the maximum at $8.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Clock or Watch Parts; Dials in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR6.22.33.84.3-11.5%
China2.52.43.83.612.9%
Others0.20.20.20.314.5%
Total8.94.97.78.2-2.7%

Top Suppliers of Clock or Watch Parts; Dials to Brazil in 2022:

  1. Hong Kong SAR (10.0K units)
  2. China (9.0K units)

Exports of Clock or Watch Parts; Dials in Brazil

In 2022, the amount of clock or watch parts; dialses exported from Brazil skyrocketed to 2 units, with an increase of 100% against 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, clock or watch parts; dials exports surged to $2.5K in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Clock or Watch Parts; Dials in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland0.24.60.22.5132.1%
China0.2N/AN/AN/A0%
AustriaN/A0.2N/AN/A0%
FranceN/A5.0N/AN/A0%
Czech RepublicN/A0.1N/AN/A0%
NetherlandsN/AN/A0.4N/A0%
OthersN/A-9.10.5N/A-105.5%
Total0.40.71.02.584.2%

Top Export Markets for Clock or Watch Parts; Dials from Brazil in 2022:

  1. Switzerland (3.0 units)

Source: IndexBox Market Intelligence Platform

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