Report Latin America and the Caribbean - Watch Straps, Bands and Bracelets - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 23, 2023

Latin America and the Caribbean - Watch Straps, Bands and Bracelets - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Bracelet Market 2023

Bracelet Market Size in Latin America and the Caribbean

The Latin American bracelet market dropped modestly to $X in 2021, which is down by -4.7% against the previous year. In general, consumption showed a abrupt decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Bracelet Production in Latin America and the Caribbean

In value terms, bracelet production reduced to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 30%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Bracelet Exports

Exports in Latin America and the Caribbean

In 2021, shipments abroad of watch straps, bands and bracelets decreased by -35% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a slight setback. The growth pace was the most rapid in 2013 with an increase of 167%. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, bracelet exports shrank remarkably to $X in 2021. Overall, exports, however, enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2013 when exports increased by 87% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Panama (X tons), distantly followed by Brazil (X kg), Argentina (X kg), Uruguay (X kg), Honduras (X kg), Mexico (X kg) and Peru (X kg) represented the largest exporters of watch straps, bands and bracelets, together generating 83% of total exports.

From 2012 to 2021, the biggest increases were in Honduras (with a CAGR of +56.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Panama ($X), Mexico ($X) and Argentina ($X) were the countries with the highest levels of exports in 2021, with a combined 58% share of total exports. These countries were followed by Brazil, Peru, Honduras and Uruguay, which together accounted for a further 24%.

Honduras, with a CAGR of +44.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, rising by 15% against the previous year. In general, the export price enjoyed notable growth. The growth pace was the most rapid in 2020 when the export price increased by 171% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Mexico ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+15.4%), while the other leaders experienced more modest paces of growth.

Bracelet Imports

Imports in Latin America and the Caribbean

In 2021, overseas purchases of watch straps, bands and bracelets increased by 4.9% to X tons, rising for the seventh year in a row after two years of decline. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 30%. The volume of import peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, bracelet imports skyrocketed to $X in 2021. Overall, imports, however, recorded a abrupt decrease. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X tons), distantly followed by Bolivia (X tons), Colombia (X tons) and Chile (X tons) were the largest importers of watch straps, bands and bracelets, together committing 75% of total imports. The following importers - Argentina (X tons), Paraguay (X tons), Guatemala (X tons), Mexico (X tons), Costa Rica (X tons) and Peru (X tons) - together made up 16% of total imports.

From 2012 to 2021, the biggest increases were in Bolivia (with a CAGR of +40.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported watch straps, bands and bracelets in Latin America and the Caribbean, comprising 51% of total imports. The second position in the ranking was taken by Mexico ($X), with a 13% share of total imports. It was followed by Chile, with an 8.6% share.

In Brazil, bracelet imports decreased by an average annual rate of -9.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (-2.0% per year) and Chile (+6.9% per year).

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, increasing by 11% against the previous year. In general, the import price, however, saw a deep downturn. The growth pace was the most rapid in 2013 when the import price increased by 37%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Mexico ($X per ton), while Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for watch straps, bands and bracelets in LatAmerica and the Caribbean?
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The countries with the highest volumes of consumption in 2021 were Brazil, Mexico and Bolivia, with a combined 49% share of total consumption. Argentina, Colombia, Chile, Venezuela, Peru, Guatemala, Cuba, Panama, Ecuador and the Dominican Republic lagged somewhat behind, together comprising a further 39%.
What are the largest producers of watch straps, bands and bracelets in LatAmerica and the Caribbean?
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The country with the largest volume of bracelet production was Mexico, comprising approx. 26% of total volume. Moreover, bracelet production in Mexico exceeded the figures recorded by the second-largest producer, Argentina, twofold. Brazil ranked third in terms of total production with an 11% share.
What are the leading exporters of watch straps, bands and bracelets in LatAmerica and the Caribbean?
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In value terms, Panama, Mexico and Argentina constituted the countries with the highest levels of exports in 2021, together accounting for 58% of total exports. These countries were followed by Brazil, Peru, Honduras and Uruguay, which together accounted for a further 24%.
What are the leading importers of watch straps, bands and bracelets in LatAmerica and the Caribbean?
+
In value terms, Brazil constitutes the largest market for imported watch straps, bands and bracelets in Latin America and the Caribbean, comprising 51% of total imports. The second position in the ranking was taken by Mexico, with a 13% share of total imports. It was followed by Chile, with an 8.6% share.
What is the average export price for watch straps, bands and bracelets in LatAmerica and the Caribbean?
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The export price in Latin America and the Caribbean stood at $116,118 per ton in 2021, increasing by 15% against the previous year.
What is the average import price for watch straps, bands and bracelets in LatAmerica and the Caribbean?
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The import price in Latin America and the Caribbean stood at $38,306 per ton in 2021, growing by 11% against the previous year.

This report provides an in-depth analysis of the bracelet market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 15121300 - Watch straps, bands, bracelets and parts thereof (including of leather, composition leather or plastic, excluding of precious metal, metal or base metal clad/plated with precious metal)
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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