Brazil: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Brazil

The Brazilian continuous-action elevators and conveyors market rose modestly to $X in 2022, with an increase of X% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Continuous-Action Elevators And Conveyors in Brazil

In value terms, continuous-action elevators and conveyors production declined to $X in 2022 estimated in export price. In general, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Continuous-action elevators and conveyors production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Continuous-Action Elevators And Conveyors

Exports from Brazil

In 2022, overseas shipments of continuous-action elevators and conveyors increased by X% to X units, rising for the second year in a row after four years of decline. In general, exports posted measured growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, continuous-action elevators and conveyors exports soared to $X in 2022. Overall, exports, however, recorded a mild descent. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Paraguay (X units) was the main destination for continuous-action elevators and conveyors exports from Brazil, with a X% share of total exports. Moreover, continuous-action elevators and conveyors exports to Paraguay exceeded the volume sent to the second major destination, Argentina (X units), fourfold. The United States (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Paraguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and the United States (X% per year).

In value terms, the largest markets for continuous-action elevators and conveyors exported from Brazil were Argentina ($X), Mexico ($X) and Paraguay ($X), with a combined X% share of total exports. The United States, Chile, Uruguay, Peru, Bolivia, the Netherlands and Oman lagged somewhat behind, together accounting for a further X%.

Oman, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average continuous-action elevators and conveyors export price amounted to $X per unit, waning by X% against the previous year. In general, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Oman ($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 Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Continuous-Action Elevators And Conveyors

Imports into Brazil

In 2022, approx. X units of continuous-action elevators and conveyors were imported into Brazil; picking up by X% on 2021. In general, imports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, continuous-action elevators and conveyors imports surged to $X in 2022. Overall, imports, however, showed a deep setback. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of continuous-action elevators and conveyors to Brazil, with a X% share of total imports. Moreover, continuous-action elevators and conveyors imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. 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: Germany (X% per year) and the United States (X% per year).

In value terms, the largest continuous-action elevators and conveyors suppliers to Brazil were China ($X), Germany ($X) and Italy ($X), together comprising X% of total imports. The United States, the Netherlands, Taiwan (Chinese) and the UK lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of 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 continuous-action elevators and conveyors import price amounted to $X per unit, dropping by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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