Brazil - Gear Boxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGear Box Price in Brazil - 2023
Contents:
- Gear Box Price in Brazil (CIF) - 2023
- Gear Box Price in Brazil (FOB) - 2023
- Gear Box Imports in Brazil
- Gear Box Exports in Brazil
Gear Box Price in Brazil (CIF) - 2023
The average gear box import price stood at $9.6 per unit in July 2023, waning by -4.5% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 5.6% against the previous month. Over the period under review, average import prices attained the peak figure at $10.2 per unit in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($13.6 per unit), while the price for China ($6.6 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Sweden (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Gear Box Price in Brazil (FOB) - 2023
In July 2023, the average gear box export price amounted to $8.4 per unit, with a decrease of -2.2% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in August 2022 an increase of 11% against the previous month. Over the period under review, the average export prices hit record highs at $9.5 per unit in January 2023; however, from February 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Colombia ($12.3 per unit), while the average price for exports to the United States ($6.8 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Gear Box Imports in Brazil
In 2022, imports of gear boxes into Brazil rose sharply to 92M units, growing by 7.3% against the year before. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, gear box imports rose notably to $2.5B in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
Import of Gear Box in Brazil (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 648 | 512 | 774 | 749 | 4.9% |
United States | 276 | 232 | 335 | 369 | 10.2% |
South Korea | 238 | 288 | 256 | 353 | 14.0% |
Germany | 240 | 167 | 251 | 249 | 1.2% |
Argentina | 259 | 172 | 194 | 183 | -10.9% |
China | 103 | 60.4 | 113 | 109 | 1.9% |
Mexico | 250 | 147 | 97.5 | 108 | -24.4% |
Sweden | 62.7 | 44.0 | 70.6 | 76.8 | 7.0% |
Indonesia | 103 | 67.8 | 78.8 | 71.0 | -11.7% |
Italy | 27.6 | 30.7 | 45.4 | 51.1 | 22.8% |
Chile | 78.1 | 44.5 | 45.2 | 43.8 | -17.5% |
France | 37.2 | 20.4 | 24.8 | 42.0 | 4.1% |
India | 20.7 | 12.7 | 23.7 | 22.9 | 3.4% |
Others | 74.4 | 48.8 | 81.1 | 101 | 10.7% |
Total | 2,418 | 1,847 | 2,391 | 2,529 | 1.5% |
Top Suppliers of Gear Box to Brazil in 2022:
- Japan (27.9M units)
- South Korea (16.3M units)
- United States (10.1M units)
- Germany (7.3M units)
- Argentina (5.8M units)
- China (4.4M units)
- Mexico (3.7M units)
- Sweden (2.8M units)
- Italy (2.4M units)
- Indonesia (2.3M units)
- Chile (2.0M units)
- France (1.6M units)
- India (1.5M units)
Gear Box Exports in Brazil
In 2022, the amount of gear boxes exported from Brazil expanded remarkably to 13M units, with an increase of 7.6% against the previous year. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, gear box exports skyrocketed to $286M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 54% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Gear Box in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 83.3 | 62.1 | 112 | 152 | 22.2% |
Mexico | 41.9 | 36.9 | 40.4 | 52.4 | 7.7% |
Germany | 7.0 | 4.4 | 5.3 | 14.3 | 26.9% |
United States | 19.2 | 9.1 | 11.9 | 12.5 | -13.3% |
China | 2.6 | 5.6 | 12.7 | 11.4 | 63.7% |
Chile | 4.1 | 3.0 | 4.9 | 6.0 | 13.5% |
France | 7.9 | 5.2 | 8.6 | 5.2 | -13.0% |
Thailand | 17.1 | 0.6 | N/A | N/A | -96.5% |
Others | 36.4 | 29.6 | 44.7 | 31.9 | -4.3% |
Total | 220 | 156 | 241 | 286 | 9.1% |
Top Export Markets for Gear Box from Brazil in 2022:
- Thailand (undefinedM units)
- Argentina (7.2M units)
- Mexico (2.5M units)
- United States (0.6M units)
- China (0.6M units)
- Germany (0.5M units)
- Chile (0.3M units)
- France (0.2M units)
This report provides an in-depth analysis of the gear box 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 29323033 - Gear boxes and their parts
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
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In March 2023, gear box price per unit (CIF, Brazil) was $28.1, which was -1.8% lower than in the previous month.
During the period under review, the import of Safety Seat Belts reached its peak in August 2022, with a total of 572K units. However, from September 2022 to August 2023, there was a lack of growth in imports. In terms of value, Safety Seat Belt imports experienced a significant surge, amounting to $4.7M in August 2023.
Imports of Steering Wheels And Columns reached a peak of 3.1K tons but subsequently declined in the subsequent month. In terms of value, imports for Steering Wheels And Columns dropped to $38M in September 2023.
Discover the top import markets for gear boxes around the world, including the United States, China, Germany, and more. Explore key statistics and import values for these countries. Find out how the IndexBox market intelligence platform can provide comprehensive insights for global trade.
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