Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Brazil - 2024

Contents:

  1. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Brazil (CIF) - 2022
  2. Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Brazil (FOB) - 2022
  3. Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Brazil
  4. Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Brazil

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Brazil (CIF) - 2022

The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $1.3 per unit in 2022, growing by 15% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 15%. The import price peaked at $1.4 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($1.5 per unit), while the price for China totaled $1.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.6%).

Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Brazil (FOB) - 2022

The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $5.3 per unit in 2022, growing by 72% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($23 per unit), while the average price for exports to Uruguay stood at $3.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+1.3%).

Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Brazil

In 2022, approx. 1.7M units of clocks; wall clocks, battery, accumulator or mains powereds were imported into Brazil; falling by -37.1% compared with the year before. In general, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Over the period under review, imports of reached the peak figure at 3.6M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds dropped markedly to $2.3M in 2022. Overall, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. Over the period under review, imports of hit record highs at $3.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.11.83.02.2-10.8%
Hong Kong SAR0.10.10.10.10.0%
Others0.10.20.1N/A0.0%
Total3.32.03.22.3-11.3%

Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Brazil in 2022:

  1. China (1669.9K units)
  2. Hong Kong SAR (51.8K units)

Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Brazil

In 2022, exports of clocks; wall clocks, battery, accumulator or mains powereds from Brazil fell significantly to 4.4K units, reducing by -33% against 2021 figures. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. As a result, the exports reached the peak of 6.5K units, and then shrank notably in the following year.

In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds soared to $23K in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay16.812.519.212.4-9.6%
Paraguay0.4N/A0.29.6188.4%
NigeriaN/AN/A0.6N/A0%
Others0.40.20.11.140.1%
Total17.712.720.123.29.4%

Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Brazil in 2022:

  1. Uruguay (3.9K units)
  2. Paraguay (0.4K units)

Source: IndexBox Market Intelligence Platform

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