Brazil - Relays - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRelay Price in Brazil - 2023
Contents:
- Relay Price in Brazil (CIF) - 2023
- Relay Price in Brazil (FOB) - 2022
- Relay Imports in Brazil
- Relay Exports in Brazil
Relay Price in Brazil (CIF) - 2023
The average relay import price stood at $1.8 per unit in October 2023, growing by 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in July 2023 an increase of 31% month-to-month. Over the period under review, average import prices reached the peak figure in October 2023.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($12.8 per unit), while the price for South Korea ($460 per thousand units) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Relay Price in Brazil (FOB) - 2022
In 2022, the average relay export price amounted to $0.6 per unit, with a decrease of -3.4% against the previous year. In general, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 an increase of 13% against the previous year. The export price peaked at $2.3 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($0.9 per unit), while the average price for exports to Poland ($0.3 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 Algeria (+0.9%), while the prices for the other major destinations experienced a decline.
Relay Imports in Brazil
In 2022, imports of relays into Brazil rose notably to 150M units, growing by 11% on 2021. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, relay imports expanded sharply to $197M in 2022. The total import value increased at an average annual rate of +10.2% 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 was the most pronounced in 2021 when imports increased by 29%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Relay in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.7 | 36.3 | 56.5 | 62.8 | 16.5% |
| Germany | 21.4 | 20.2 | 24.1 | 28.9 | 10.5% |
| United States | 19.9 | 17.7 | 22.6 | 24.0 | 6.4% |
| Italy | 7.2 | 7.1 | 8.7 | 9.2 | 8.5% |
| South Korea | 5.5 | 2.3 | 5.5 | 8.9 | 17.4% |
| Mexico | 2.2 | 1.7 | 2.3 | 8.8 | 58.7% |
| Japan | 10.4 | 6.7 | 8.9 | 8.0 | -8.4% |
| Indonesia | 3.1 | 3.1 | 4.2 | 5.8 | 23.2% |
| France | 5.2 | 6.3 | 5.6 | 5.5 | 1.9% |
| Portugal | 3.6 | 2.7 | 4.1 | 3.0 | -5.9% |
| Others | 29.5 | 32.4 | 33.0 | 32.4 | 3.2% |
| Total | 148 | 136 | 176 | 197 | 10.0% |
Top Suppliers of Relay to Brazil in 2022:
- China (82.8M units)
- South Korea (22.7M units)
- Japan (6.5M units)
- Germany (6.0M units)
- Portugal (4.1M units)
- Italy (3.8M units)
- Indonesia (3.8M units)
- France (3.2M units)
- United States (3.0M units)
- Mexico (2.9M units)
Relay Exports in Brazil
In 2022, the amount of relays exported from Brazil soared to 67M units, jumping by 16% on 2021 figures. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.6% 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 +61.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, relay exports rose remarkably to $43M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +75.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 56%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Relay in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 2.7 | 2.6 | 3.9 | 6.0 | 30.5% |
| United States | 4.3 | 2.7 | 3.9 | 6.0 | 11.7% |
| Argentina | 3.2 | 2.7 | 6.0 | 4.5 | 12.0% |
| Paraguay | 3.0 | 1.8 | 2.0 | 2.8 | -2.3% |
| Chile | 1.8 | 1.1 | 2.2 | 2.5 | 11.6% |
| Colombia | 1.5 | 0.8 | 1.4 | 2.0 | 10.1% |
| Peru | 1.2 | 0.7 | 1.4 | 1.8 | 14.5% |
| Ecuador | 1.1 | 0.6 | 1.1 | 1.7 | 15.6% |
| Turkey | 0.8 | 1.3 | 1.4 | 1.6 | 26.0% |
| Italy | 1.4 | 1.2 | 1.8 | 1.6 | 4.6% |
| Algeria | 0.6 | 1.0 | 1.3 | 1.0 | 18.6% |
| Denmark | 0.4 | 0.3 | 0.6 | 0.6 | 14.5% |
| Poland | 0.1 | 0.2 | 0.3 | 0.5 | 71.0% |
| Others | 9.6 | 7.2 | 10.5 | 9.9 | 1.0% |
| Total | 31.8 | 24.3 | 37.9 | 42.5 | 10.2% |
Top Export Markets for Relay from Brazil in 2022:
- Mexico (11.4M units)
- United States (6.9M units)
- Argentina (5.5M units)
- Italy (4.4M units)
- Chile (4.3M units)
- Turkey (4.2M units)
- Ecuador (3.6M units)
- Peru (3.1M units)
- Algeria (3.0M units)
- Paraguay (3.0M units)
- Colombia (2.6M units)
- Denmark (1.7M units)
- Poland (1.7M units)
This report provides an in-depth analysis of the relay 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 27122433 - Relays for a voltage . .60 V and for a current . 2 A
- Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
- Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
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
-
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
-
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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