Brazil - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Brazil - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends And Insights

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Magnetic Card Price in Brazil - 2023

Contents:

  1. Magnetic Card Price in Brazil (FOB) - 2022
  2. Magnetic Card Price in Brazil (CIF) - 2022
  3. Magnetic Card Exports in Brazil
  4. Magnetic Card Imports in Brazil

Magnetic Card Price in Brazil (FOB) - 2022

In 2022, the average magnetic card export price amounted to $0.2 per unit, picking up by 43% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($0.4 per unit), while the average price for exports to Chile ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Magnetic Card Price in Brazil (CIF) - 2022

The average magnetic card import price stood at $45 per thousand units in 2022, rising by 68% against the previous year. In general, the import price saw a measured increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 107%. As a result, import price reached the peak level of $46 per thousand units. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($278 per thousand units), while the price for the United States ($11 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+91.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Magnetic Card Exports in Brazil

Magnetic card exports from Brazil surged to 2.9M units in 2022, rising by 25% on the previous year's figure. Over the period under review, exports saw notable growth. The most prominent rate of growth was recorded in 2020 with an increase of 175% against the previous year. As a result, the exports attained the peak of 6.9M units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, magnetic card exports surged to $628K in 2022. Overall, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 147%. As a result, the exports attained the peak of $969K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Magnetic Card in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VenezuelaN/AN/AN/A1450%
Argentina11145.237.41367.0%
Peru59.631.645.313531.3%
Uruguay50.561.040.410628.0%
Dominican RepublicN/AN/A4.937.9673.5%
Chile58.513.212.035.0-15.7%
United States7.08108.621.946.3%
ColombiaN/AN/A90.8N/A0%
Mexico64.6N/A108N/A29.3%
Others40.38.25.411.3-34.5%
Total39296935362817.0%

Top Export Markets for Magnetic Card from Brazil in 2022:

  1. Uruguay (695.7K units)
  2. Peru (625.2K units)
  3. Argentina (401.4K units)
  4. Venezuela (399.4K units)
  5. Chile (398.2K units)
  6. United States (189.4K units)
  7. Dominican Republic (100.0K units)
  8. Colombia (0.1K units)

Magnetic Card Imports in Brazil

Magnetic card imports into Brazil declined rapidly to 4.6M units in 2022, with a decrease of -48.9% on the previous year's figure. Over the period under review, imports faced a dramatic slump. The smallest decline of -32.4% was in 2020. Over the period under review, imports attained the peak figure at 33M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, magnetic card imports contracted to $207K in 2022. In general, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. As a result, imports reached the peak of $1M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Magnetic Card in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina17358355.547.2-35.1%
United States41822589.639.6-54.4%
China39.853.417.538.1-1.4%
United KingdomN/A1.31.535.4421.8%
FranceN/A30.25.97.8-49.2%
Ecuador22.2N/AN/AN/A0%
Others69.811771.138.7-17.8%
Total7231,010241207-34.1%

Top Suppliers of Magnetic Card to Brazil in 2022:

  1. United States (3567.2K units)
  2. Argentina (329.9K units)
  3. China (233.0K units)
  4. France (162.2K units)
  5. United Kingdom (127.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the magnetic card 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 26801400 - Cards incorporating a magnetic stripe

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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