Brazil: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in Brazil

For the third year in a row, the Brazilian market for instrument panel and wall clocks recorded decline in sales value, which decreased by -X% to $X in 2020. In general, consumption showed a deep setback. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. from 2018 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Instrument Panel And Wall Clocks in Brazil

In value terms, instrument panel and wall clock production shrank modestly to $X in 2020 estimated in export prices. In general, production, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2011; however, from 2012 to 2020, production remained at a lower figure.

Exports of Instrument Panel And Wall Clocks

Exports from Brazil

Instrument panel and wall clock exports from Brazil declined to X tons in 2020, falling by -X% against the previous year's figure. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, exports reached the peak of X tons. from 2012 to 2020, the growth exports failed to regain the momentum.

In value terms, instrument panel and wall clock exports dropped markedly to $X in 2020. Overall, exports recorded a deep setback. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X tons) was the main destination for instrument panel and wall clock exports from Brazil, accounting for a X% share of total exports. Moreover, instrument panel and wall clock exports to Uruguay exceeded the volume sent to the second major destination, France (X kg), threefold. The third position in this ranking was occupied by the Philippines (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Uruguay totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the Philippines (+X% per year).

In value terms, France ($X) emerged as the key foreign market for instrument panel and wall clock exports from Brazil, comprising X% of total exports. The second position in the ranking was occupied by Uruguay ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2007 to 2020, the average annual growth rate of value to France stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+X% per year) and the Philippines (+X% per year).

Export Prices by Country

The average export price for instrument panel and wall clocks stood at $X per ton in 2020, which is down by -X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 an increase of X% year-to-year. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Colombia ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced a decline.

Imports of Instrument Panel And Wall Clocks

Imports into Brazil

In 2020, imports of instrument panel and wall clocks into Brazil declined rapidly to X tons, reducing by -X% on 2019. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. As a result, imports reached the peak of X tons. from 2018 to 2020, the growth imports failed to regain the momentum.

In value terms, instrument panel and wall clock imports dropped rapidly to $X in 2020. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, imports reached the peak of $X. from 2018 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) was the main supplier of instrument panel and wall clock to Brazil, with a X% share of total imports. Moreover, instrument panel and wall clock imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from China totaled -X%.

In value terms, China ($X) constituted the largest supplier of instrument panel and wall clock to Brazil, comprising X% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at -X%.

Import Prices by Country

In 2020, the average import price for instrument panel and wall clocks amounted to $X per ton, increasing by X% against the previous year. In general, import price indicated moderate growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, instrument panel and wall clock import price increased by +X% against 2017 indices. The growth pace was the most rapid in 2011 an increase of X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was China ($X per ton), while the price for Hong Kong SAR totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :