Brazil - Spades And Shovels - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 22, 2024

Brazil - Spades And Shovels - Market Analysis, Forecast, Size, Trends And Insights

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Spades and Shovels Price in Brazil - 2023

Contents:

  1. Spades and Shovels Price in Brazil (FOB) - 2023
  2. Spades and Shovels Price in Brazil (CIF) - 2022
  3. Spades and Shovels Exports in Brazil
  4. Spades and Shovels Imports in Brazil

Spades and Shovels Price in Brazil (FOB) - 2023

The average spades and shovels export price stood at $2,900 per ton in August 2023, with an increase of 4% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 14% against the previous month. Over the period under review, the average export prices hit record highs at $3,156 per ton in October 2022; however, from November 2022 to August 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In August 2023, the highest price was recorded for prices to the United States ($3,088 per ton) and the Dominican Republic ($2,819 per ton), while the average price for exports to Uruguay ($2,350 per ton) and Bolivia ($2,402 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

Spades and Shovels Price in Brazil (CIF) - 2022

In 2022, the average spades and shovels import price amounted to $2,152 per ton, falling by -4.8% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 57%. As a result, import price reached the peak level of $2,260 per ton, and then contracted in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.4% per year.

Spades and Shovels Exports in Brazil

In 2022, exports of spades and shovels from Brazil expanded modestly to 6.5K tons, surging by 2% against 2021. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 80%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, spades and shovels exports expanded notably to $19M in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 109% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Spades and Shovels in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.23.28.511.0280.3%
Peru2.21.53.41.8-6.5%
Saudi ArabiaN/AN/AN/A1.70%
Bolivia0.80.51.21.420.5%
Libya0.40.20.30.614.5%
United Arab Emirates0.40.50.30.40.0%
Argentina0.10.10.20.458.7%
Saint Lucia1.30.81.1N/A-8.0%
Others1.31.11.82.219.2%
Total6.78.116.919.342.3%

Top Export Markets for Spades and Shovels from Brazil in 2022:

  1. United States (3604.3 tons)
  2. Peru (617.9 tons)
  3. Saudi Arabia (609.4 tons)
  4. Bolivia (495.4 tons)
  5. Libya (184.9 tons)
  6. United Arab Emirates (138.5 tons)
  7. Argentina (106.7 tons)

Spades and Shovels Imports in Brazil

Spades and shovels imports into Brazil declined to 284 tons in 2022, dropping by -2.4% compared with the previous year's figure. In general, imports showed a abrupt slump.

In value terms, spades and shovels imports reduced to $611K in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, imports attained the peak of $658K, and then contracted in the following year.

Import of Spades and Shovels in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5794315845950.9%
Others26.326.173.516.4-14.6%
Total6064576586110.3%

Top Suppliers of Spades and Shovels to Brazil in 2022:

  1. China (281.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spades and shovels 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 25731010 - Spades and shovels

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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