Brazil - Insulated Wire And Cable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSlight Increase in Brazil's Wire and Cable Price: Now $18.2 per kg
Brazil Wire And Cable Import Price in July 2023
In July 2023, the wire and cable price stood at $18,243 per ton (CIF, Brazil), increasing by 4.3% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 16% month-to-month. The import price peaked at $18,461 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($26,650 per ton), while the price for China ($8,906 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+3.1%), while the prices for the other major suppliers experienced a decline.
| COUNTRY | Import Price of Wire And Cable in Brazil (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
| India | 18,446 | 27,888 | 27,531 | 27,708 | 27,129 | 28,122 | 4,786 | 5,016 | 4,596 | 27,356 | 4,050 | 26,365 | 26,650 |
| Paraguay | 21,464 | 20,863 | 21,187 | 20,538 | 21,425 | 20,358 | 19,979 | 20,215 | 20,574 | 20,684 | 20,703 | 20,663 | 20,840 |
| China | 10,215 | 9,574 | 10,547 | 10,368 | 10,291 | 10,269 | 10,613 | 8,789 | 10,848 | 9,691 | 9,250 | 9,104 | 8,906 |
| Average | 18,461 | 17,749 | 18,186 | 18,164 | 18,250 | 18,418 | 16,052 | 15,493 | 17,968 | 17,971 | 16,075 | 17,488 | 18,243 |
Brazil Wire And Cable Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In July 2023, the product with the highest price was wiring sets used in vehicles, aircraft or ships ($29,572 per ton), while the price for winding wire, other than of copper ($4,126 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by insulated electric conductors for a voltage under 1000 v, fitted with connectors (+0.5%), while the prices for the other products experienced more modest paces of growth.
Brazil Wire And Cable Imports
In July 2023, imports of insulated wire and cable into Brazil was estimated at 5.5K tons, growing by 4.3% compared with the month before. The total import volume increased at an average monthly rate of +1.1% from July 2022 to July 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain months. The pace of growth appeared the most rapid in May 2023 when imports increased by 28% against the previous month. As a result, imports attained the peak of 6.7K tons. From June 2023 to July 2023, the growth of imports remained at a somewhat lower figure.
In value terms, wire and cable imports rose rapidly to $100M (IndexBox estimates) in July 2023. In general, imports showed a mild increase. The pace of growth appeared the most rapid in August 2022 with an increase of 20% against the previous month.
Brazil Wire And Cable Imports by Type
Insulated electric conductors for a voltage under 1000 v, fitted with connectors (1.7K tons), wiring sets used in vehicles, aircraft or ships (1.4K tons) and insulated electric conductors for a voltage under 80 v, not fitted with connectors (1K tons) were the main products of wire and cable imports to Brazil, with a combined 74% share of total imports. Insulated electric conductors for a voltage over 1000 v, insulated coaxial cables, winding wire, other than of copper and winding wire of copper lagged somewhat behind, together comprising a further 26%.
From July 2022 to July 2023, the biggest increases were in insulated electric conductors for a voltage over 1000 v (with a CAGR of +14.7%), while purchases for the other products experienced more modest paces of growth.
In value terms, wiring sets used in vehicles, aircraft or ships ($40M), insulated electric conductors for a voltage under 1000 v, fitted with connectors ($35M) and insulated electric conductors for a voltage under 80 v, not fitted with connectors ($14M) appeared to be the most imported types of insulated wire and cable in Brazil, with a combined 88% share of total imports. Insulated electric conductors for a voltage over 1000 v, insulated coaxial cables, winding wire, other than of copper and winding wire of copper lagged somewhat behind, together comprising a further 12%.
Brazil Wire And Cable Imports by Country
In July 2023, China (2.8K tons) constituted the largest supplier of wire and cable to Brazil, with a 50% share of total imports. Moreover, wire and cable imports from China exceeded the figures recorded by the second-largest supplier, Paraguay (930 tons), threefold. Mexico (285 tons) ranked third in terms of total imports with a 5.2% share.
From July 2022 to July 2023, the average monthly rate of growth in terms of volume from China totaled +1.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Paraguay (+2.3% per month) and Mexico (+1.7% per month).
In value terms, the largest wire and cable suppliers to Brazil were China ($24M), Paraguay ($19M) and the United States ($11M), together comprising 55% of total imports. These countries were followed by Mexico, Germany, Italy, India, Chile and Colombia, which together accounted for a further 18%.
Colombia, with a CAGR of +107.8%, 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.
This report provides an in-depth analysis of the wire and cable 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 27321130 -
- Prodcom 27321150 -
- Prodcom 27321200 - Insulated coaxial cables and other coaxial electric conductors for data and control purposes whether or not fitted with connectors
- Prodcom 27321340 - Other electric conductors, for a voltage . 1 .000 V, fitted with connectors
- Prodcom 27321380 - Other electric conductors, for a voltage . 1 .000 V, not fitted with connectors
- Prodcom 27321400 - Insulated electric conductors for voltage >1 .000 V (excluding winding wire, coaxial cable and other coaxial electric conductors, ignition and other wiring sets used in vehicles, a ircraft, ships)
- Prodcom 29311000 - Insulated ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
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
