Brazil - Iron Or Steel Rivets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Rivet Price in Brazil Sees 2% Increase to $7,992 per Ton with Significant Fluctuations
Brazil Metal Rivet Import Price in February 2023
In February 2023, the metal rivet price amounted to $7,992 per ton (CIF, Brazil), rising by 1.6% against the previous month. Over the period from February 2022 to February 2023, it increased at an average monthly rate of +3.5%. The most prominent rate of growth was recorded in September 2022 an increase of 31% month-to-month. The import price peaked in February 2023.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Japan ($27,575 per ton), while the price for Belgium ($1,009 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by the UK (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Brazil Metal Rivet Imports
In February 2023, approximately 94 tons of iron or steel rivets were imported into Brazil; which is down by -45.2% against the month before. Over the period under review, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in January 2023 when imports increased by 58% month-to-month. Imports peaked at 207 tons in August 2022; however, from September 2022 to February 2023, imports remained at a lower figure.
In value terms, metal rivet imports declined rapidly to $751K (IndexBox estimates) in February 2023. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when imports increased by 65% against the previous month. As a result, imports reached the peak of $1.3M, and then declined markedly in the following month.
Brazil Metal Rivet Imports by Country
In February 2023, China (31 tons) constituted the largest supplier of metal rivet to Brazil, with a 33% share of total imports. Moreover, metal rivet imports from China exceeded the figures recorded by the second-largest supplier, the United States (7.9 tons), fourfold. The third position in this ranking was taken by the Netherlands (7.8 tons), with an 8.3% share.
From February 2022 to February 2023, the average monthly rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: the United States (+11.7% per month) and the Netherlands (-9.9% per month).
In value terms, China ($192K), the United States ($172K) and Germany ($69K) were the largest metal rivet suppliers to Brazil, with a combined 58% share of total imports. These countries were followed by Japan, Italy, the UK, Taiwan (Chinese), the Netherlands, Spain, France and Belgium, which together accounted for a further 35%.
Taiwan (Chinese), with a CAGR of +10.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Global Economic Uncertainties Drive Metal Rivet Price Increases in Brazil
The price increase was largely driven by strong demand for metal rivets in the home construction and automotive industries. However, this growth was not steady, with prices experiencing significant fluctuations throughout the year. The instability of metal rivet prices can have significant impacts on the Brazilian economy.
The increase is attributed to the rising demand for metal rivets in various industries, particularly construction and automotive, as well as the impact of the unstable global economy. This shift in price has not only affected manufacturers but also companies engaged in the rivet importing business. The country's rivet manufacturers may consider adopting innovative technological advances to reduce production costs and address these unpredictabilities.It is important for businesses in this industry to closely monitor market trends and adjust their strategies accordingly in order to remain competitive in an increasingly volatile market.
This report provides an in-depth analysis of the metal rivet market in Brazil. 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 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
