Brazil: Market for Turbo, Rotary and Reciporating Displacement Compressors 2024

Market Size for Turbo, Rotary and Reciporating Displacement Compressors in Brazil

The Brazilian market for turbo, rotary and reciporating displacement compressors dropped slightly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption showed buoyant growth. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank in the following year.

Production of Turbo, Rotary and Reciporating Displacement Compressors in Brazil

In value terms, production of turbo, rotary and reciporating displacement compressors shrank to $X in 2022 estimated in export price. In general, production enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X%. Production of peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Turbo, Rotary and Reciporating Displacement Compressors

Exports from Brazil

In 2022, overseas shipments of turbo, rotary and reciporating displacement compressors increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of turbo, rotary and reciporating displacement compressors surged to $X in 2022. Over the period under review, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X units), Argentina (X units) and Switzerland (X units) were the main destinations of exports of turbo, rotary and reciporating displacement compressors from Brazil, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for turbo, rotary and reciporating displacement compressors exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Switzerland (X% per year).

Export Prices by Country

The average export price for turbo, rotary and reciporating displacement compressors stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price, however, saw a measured increase. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to India ($X 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 Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo, Rotary and Reciporating Displacement Compressors

Imports into Brazil

For the third consecutive year, Brazil recorded growth in overseas purchases of turbo, rotary and reciporating displacement compressors, which increased by X% to X units in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of turbo, rotary and reciporating displacement compressors rose markedly to $X in 2022. Over the period under review, imports, however, saw a noticeable reduction. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest turbo, rotary and reciporating displacement compressor supplier to Brazil, accounting for a X% share of total imports. Moreover, imports of turbo, rotary and reciporating displacement compressors from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), more than tenfold. The third position in this ranking was held by the United States (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and the United States (X% per year).

In value terms, China ($X), the United States ($X) and Mexico ($X) were the largest turbo, rotary and reciporating displacement compressor suppliers to Brazil, together accounting for X% of total imports.

In terms of the main suppliers, Mexico, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for turbo, rotary and reciporating displacement compressors amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the import price saw a pronounced decline. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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