Brazil - Motor Vehicle Engines (Spark-Ignition) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMotor Vehicle Engine Price in Brazil - 2023
Contents:
- Motor Vehicle Engine Price in Brazil (FOB) - 2023
- Motor Vehicle Engine Price in Brazil (CIF) - 2022
- Motor Vehicle Engine Exports in Brazil
- Motor Vehicle Engine Imports in Brazil
Motor Vehicle Engine Price in Brazil (FOB) - 2023
The average motor vehicle engine export price stood at $1,330 per unit in August 2023, with a decrease of -3.3% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 8.5% against the previous month. Over the period under review, the average export prices hit record highs at $1,376 per unit in July 2023, and then shrank in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($2,222 per unit), while the average price for exports to Italy ($943 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Motor Vehicle Engine Price in Brazil (CIF) - 2022
The average motor vehicle engine import price stood at $15 per unit in 2022, growing by 31% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($23 per unit), while the price for Japan ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Motor Vehicle Engine Exports in Brazil
In 2022, shipments abroad of motor vehicle engines (spark-ignition) decreased by -4.5% to 33M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. The exports peaked at 35M units in 2021, and then fell in the following year.
In value terms, motor vehicle engine exports contracted to $462M in 2022. Over the period under review, exports recorded a noticeable slump. The pace of growth was the most pronounced in 2020 when exports increased by 8.8%. As a result, the exports reached the peak of $553M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Motor Vehicle Engine in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 79.0 | 75.5 | 171 | 286 | 53.5% |
| Colombia | 44.9 | 33.6 | 46.6 | 71.4 | 16.7% |
| Mexico | 347 | 241 | 119 | 35.1 | -53.4% |
| Poland | 16.6 | 127 | 65.6 | 35.0 | 28.2% |
| Italy | 5.4 | 62.8 | 78.3 | 23.4 | 63.0% |
| Turkey | 10.6 | 10.5 | 14.1 | 2.1 | -41.7% |
| Others | 4.5 | 2.1 | 2.4 | 9.5 | 28.3% |
| Total | 508 | 553 | 497 | 462 | -3.1% |
Top Export Markets for Motor Vehicle Engine from Brazil in 2022:
- Argentina (22.7M units)
- Colombia (3.7M units)
- Poland (2.6M units)
- Mexico (1.8M units)
- Italy (1.7M units)
- Turkey (0.3M units)
Motor Vehicle Engine Imports in Brazil
In 2022, the amount of motor vehicle engines (spark-ignition) imported into Brazil dropped slightly to 33M units, falling by -2.9% on the year before. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Imports peaked at 41M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, motor vehicle engine imports surged to $514M in 2022. In general, imports showed a relatively flat trend pattern. Imports peaked at $523M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Motor Vehicle Engine in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 218 | 91.1 | 152 | 210 | -1.2% |
| Mexico | 95.0 | 120 | 20.1 | 69.3 | -10.0% |
| China | 26.1 | 27.4 | 71.3 | 62.8 | 34.0% |
| Spain | 1.0 | 1.7 | 27.0 | 60.6 | 292.8% |
| Japan | 22.8 | 23.4 | 55.7 | 59.0 | 37.3% |
| Sweden | 11.3 | 13.5 | 7.4 | 16.8 | 14.1% |
| United Kingdom | 1.4 | 2.5 | 6.1 | 9.0 | 85.9% |
| Germany | 41.9 | 13.3 | 18.7 | 4.0 | -54.3% |
| France | 58.9 | 31.4 | 27.2 | 0.9 | -75.2% |
| United States | 44.0 | 26.4 | 15.0 | 0.5 | -77.5% |
| Others | 2.6 | 3.8 | 3.9 | 20.5 | 99.0% |
| Total | 523 | 354 | 405 | 514 | -0.6% |
Top Suppliers of Motor Vehicle Engine to Brazil in 2022:
- United States (undefinedM units)
- France (undefinedM units)
- South Korea (14.3M units)
- Japan (5.1M units)
- China (4.2M units)
- Mexico (3.7M units)
- Spain (2.6M units)
- Sweden (1.4M units)
- United Kingdom (0.5M units)
- Germany (0.2M units)
This report provides an in-depth analysis of the motor vehicle engine 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 29101100 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity . 1 .000 cm.
- Prodcom 29101200 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity > 1 .000 cm.
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.
-
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
-
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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