Brazil - Static Converters - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Brazil - Static Converters - Market Analysis, Forecast, Size, Trends and Insights

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Static Converter Price in Brazil - 2023

Contents:

  1. Static Converter Price in Brazil (CIF) - 2023
  2. Static Converter Price in Brazil (FOB) - 2022
  3. Static Converter Imports in Brazil
  4. Static Converter Exports in Brazil

Static Converter Price in Brazil (CIF) - 2023

In August 2023, the average static converter import price amounted to $7.5 per unit, dropping by -10.7% against the previous month. Overall, the import price continues to indicate a mild slump. The growth pace was the most rapid in October 2022 an increase of 24% m-o-m. The import price peaked at $11.5 per unit in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($5.3 per unit), while the price for Hong Kong SAR totaled $3.3 per unit.

From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (-2.8%).

Static Converter Price in Brazil (FOB) - 2022

The average static converter export price stood at $64 per unit in 2022, with an increase of 11% against the previous year. Overall, the export price posted a modest expansion. The pace of growth appeared the most rapid in 2013 an increase of 84% against the previous year. Over the period under review, the average export prices hit record highs at $157 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($224 per unit), while the average price for exports to Slovakia ($9.1 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 Mexico (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Static Converter Imports in Brazil

Static converter imports into Brazil surged to 190M units in 2022, growing by 33% against the previous year. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, static converter imports soared to $1.6B in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 46%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Import of Static Converter in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3885148851,25147.7%
Germany37.735.234.348.89.0%
Thailand7.59.015.222.945.1%
South Korea16.914.415.219.54.9%
Italy43.027.411.58.7-41.3%
Philippines12.311.19.27.3-16.0%
Others2051992082446.0%
Total7108101,1791,60231.2%

Top Suppliers of Static Converter to Brazil in 2022:

  1. China (113.9M units)
  2. South Korea (23.4M units)
  3. Thailand (18.5M units)
  4. Philippines (9.5M units)
  5. Germany (3.8M units)
  6. Italy (2.1M units)

Static Converter Exports in Brazil

For the fourth year in a row, Brazil recorded growth in shipments abroad of static converters, which increased by 11% to 1.4M units in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 73%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, static converter exports soared to $92M in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Static Converter in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.37.010.319.012.6%
South Africa5.36.74.67.813.7%
Argentina8.74.37.07.3-5.7%
Peru4.48.02.56.916.2%
Colombia4.12.83.85.611.0%
Germany3.72.12.84.99.8%
Chile7.24.37.34.8-12.6%
Mexico2.53.13.03.06.3%
Paraguay1.30.81.92.320.9%
United Kingdom1.00.60.72.230.1%
United Arab Emirates0.31.01.41.881.7%
EgyptN/AN/A0.50.620.0%
SlovakiaN/AN/AN/A0.50%
Others24.634.728.725.00.5%
Total76.475.474.491.66.2%

Top Export Markets for Static Converter from Brazil in 2022:

  1. United States (430.1K units)
  2. Argentina (351.4K units)
  3. Paraguay (78.9K units)
  4. Colombia (51.2K units)
  5. Slovakia (50.9K units)
  6. Germany (42.4K units)
  7. South Africa (36.6K units)
  8. Mexico (36.3K units)
  9. United Kingdom (31.4K units)
  10. Peru (30.7K units)
  11. Chile (30.5K units)
  12. Egypt (26.2K units)
  13. United Arab Emirates (23.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the static converter 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 27115023 -
  • Prodcom 27115030 - Rectifiers (excluding of a kind used with telecommunication apparatus, automatic data-processing machines and units thereof)
  • Prodcom 27115033 - Accumulator chargers
  • Prodcom 27115035 -
  • Prodcom 27115040 - Power supply units for telecommunication apparatus, a utomatic data-processing machines and units thereof
  • Prodcom 27115053 - Inverters having a power handling capacity . 7,5 kVA
  • Prodcom 27115055 - Inverters having a power handling capacity > 7,5 kVA
  • Prodcom 27115070 - Static converters (excluding polycrystalline semiconductors, c onverters specially designed for welding, without welding equipment, accumulator chargers, rectifiers, inverters)
  • Prodcom 27904130 -
  • Prodcom 27904140 -
  • Prodcom 27904153 -
  • Prodcom 27904155 -
  • Prodcom 27904170 -
  • Prodcom 27904190 -

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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