Price for Floating or Submersible Drilling or Production Platforms in Brazil - 2024

Contents:

  1. Price for Floating or Submersible Drilling or Production Platforms in Brazil (FOB) - 2022
  2. Price for Floating or Submersible Drilling or Production Platforms in Brazil (CIF) - 2022
  3. Exports of Floating or Submersible Drilling or Production Platforms in Brazil
  4. Imports of Floating or Submersible Drilling or Production Platforms in Brazil

Price for Floating or Submersible Drilling or Production Platforms in Brazil (FOB) - 2022

The average export price for floating or submersible drilling or production platformses stood at $15,615 per unit in 2022, increasing by 27,057% against the previous year. In general, the export price, however, saw a abrupt slump. The growth pace was the most rapid in 2016 when the average export price increased by 133,312% against the previous year. As a result, the export price reached the peak level of $11,388,032 per unit. From 2017 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Angola amounted to -7.4% per year.

Price for Floating or Submersible Drilling or Production Platforms in Brazil (CIF) - 2022

In 2022, the average import price for floating or submersible drilling or production platformses amounted to $181,478,197 per unit, surging by 1,083% against the previous year. In general, the import price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 an increase of 9,430,475%. As a result, import price reached the peak level of $312,604,702 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($942,499,001 per unit), while the price for the United States ($3,760 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1,247.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Floating or Submersible Drilling or Production Platforms in Brazil

Exports of floating or submersible drilling or production platformses from Brazil shrank markedly to 1 units in 2022, reducing by -75% compared with 2021. In general, exports showed a precipitous slump. The smallest decline of -20% was in 2021. Over the period under review, the exports of attained the maximum at 5 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of floating or submersible drilling or production platformses skyrocketed to $16K in 2022. Overall, exports, however, recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Floating or Submersible Drilling or Production Platforms in Brazil (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
AustraliaN/AN/A15.60%
ParaguayN/AN/AN/A0%
PeruN/AN/AN/A0%
RwandaN/AN/AN/A0%
IndonesiaN/AN/AN/A0%
Singapore4.90.2N/A-95.9%
AngolaN/AN/AN/A0%
OthersN/AN/AN/A0%
Total4.90.215.678.4%

Top Export Markets for Floating or Submersible Drilling or Production Platforms from Brazil in 2022:

  1. Australia (1.0 units)

Imports of Floating or Submersible Drilling or Production Platforms in Brazil

In 2022, after two years of decline, there was significant growth in purchases abroad of floating or submersible drilling or production platformses, when their volume increased by 20% to 6 units. Overall, imports, however, showed a sharp setback. Imports peaked at 14 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of floating or submersible drilling or production platformses soared to $1.1B in 2022. Over the period under review, imports, however, faced a precipitous descent. Imports peaked at $2.5B in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Floating or Submersible Drilling or Production Platforms in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,0061,71167.6942-22.3%
Netherlands1241396.2104-5.7%
Singapore87.877.12.639.3-23.5%
Turkey7.34.10.23.4-22.5%
Russia200N/AN/AN/A0%
Norway52.9170N/AN/A221.4%
Japan27.0N/AN/AN/A0%
SwedenN/AN/AN/AN/A0%
United StatesN/AN/AN/AN/A0%
India0.2N/AN/AN/A0%
ItalyN/A0.2N/AN/A0%
OthersN/AN/AN/AN/A0%
Total2,5062,10176.71,089-24.3%

Top Suppliers of Floating or Submersible Drilling or Production Platforms to Brazil in 2022:

  1. Netherlands (2.0 units)
  2. United States (1.0 units)
  3. Turkey (1.0 units)
  4. China (1.0 units)
  5. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Floating or submersible drilling or production platforms - Brazil