Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Brazil - 2024
Contents:
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Brazil (CIF) - 2024
- Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Brazil (FOB) - 2022
- Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Brazil
- Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Brazil
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Brazil (CIF) - 2024
The average import price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $4.6 per unit in February 2024, with a decrease of -11.4% against the previous month. In general, the import price showed a pronounced slump. The pace of growth appeared the most rapid in April 2023 an increase of 53% m-o-m. Over the period under review, average import prices reached the peak figure at $7.4 per unit in February 2023; however, from March 2023 to February 2024, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In February 2024, the country with the highest price was Hong Kong SAR ($5.5 per unit), while the price for China amounted to $3.8 per unit.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+0.8%).
Price for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Brazil (FOB) - 2022
The average export price for watch cases; of base metal, whether or not gold-plated or silver-plated stood at $17 per unit in 2022, shrinking by -8.6% against the previous year. Overall, the export price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 97% against the previous year. Over the period under review, the average export prices attained the maximum at $19 per unit in 2021, and then contracted in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($289 per unit), while the average price for exports to China ($5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Brazil
In 2022, approx. 6.5M units of watch cases; of base metal, whether or not gold-plated or silver-plated were imported into Brazil; waning by -7% on 2021. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. Imports peaked at 8.2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of watch cases; of base metal, whether or not gold-plated or silver-plated expanded significantly to $35M in 2022. Overall, imports recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. Over the period under review, imports of attained the maximum at $42M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 31.0 | 10.0 | 15.1 | 20.0 | -13.6% |
| China | 9.7 | 9.2 | 15.0 | 14.0 | 13.0% |
| Others | 1.7 | 1.0 | 1.0 | 0.7 | -25.6% |
| Total | 42.4 | 20.1 | 31.2 | 34.7 | -6.5% |
Top Suppliers of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated to Brazil in 2022:
- China (3.8M units)
- Hong Kong SAR (2.7M units)
Exports of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Brazil
For the third consecutive year, Brazil recorded decline in shipments abroad of watch cases; of base metal, whether or not gold-plated or silver-plated, which decreased by -56.1% to 25 units in 2022. In general, exports continue to indicate a significant contraction. The smallest decline of -40% was in 2021. Over the period under review, the exports of hit record highs at 225 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of watch cases; of base metal, whether or not gold-plated or silver-plated fell markedly to $429 in 2022. Over the period under review, exports showed a precipitous curtailment. The smallest decline of -16.9% was in 2020. Over the period under review, the exports of reached the maximum at $1.7K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated in Brazil (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 53.0 | 526 | 303 | 289 | 76.0% |
| Hong Kong SAR | 1,210 | 420 | 191 | 105 | -55.7% |
| China | 183 | 213 | 85.0 | 35.0 | -42.4% |
| Liberia | 89.0 | N/A | N/A | N/A | 0% |
| Others | 121 | 217 | 491 | N/A | 101.4% |
| Total | 1,656 | 1,376 | 1,070 | 429 | -36.3% |
Top Export Markets for Watch Cases; of Base Metal, Whether or Not Gold-Plated or Silver-Plated from Brazil in 2022:
- Hong Kong SAR (17.0 units)
- China (7.0 units)
- Switzerland (1.0 units)
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