
Brazil - Drilling or Morticing Machines - Market Analysis, Forecast, Size, Trends and Insights
Brazil: Wood Drilling Machine Market 2022
Wood Drilling Machine Market Size in Brazil
The Brazilian wood drilling machine market totaled $X in 2021, with an increase of 12% against the previous year. In general, the total consumption indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -9.3% against 2019 indices. Wood drilling machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.
Wood Drilling Machine Production in Brazil
In value terms, wood drilling machine production rose notably to $X in 2021 estimated in export price. Over the period under review, the total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -10.2% against 2019 indices. The growth pace was the most rapid in 2018 when the production volume increased by 45%. Wood drilling machine production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.
Wood Drilling Machine Exports
Exports from Brazil
Wood drilling machine exports from Brazil skyrocketed to X units in 2021, surging by 49% on the year before. Over the period under review, exports, however, showed a pronounced decline. The growth pace was the most rapid in 2014 when exports increased by 719%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.
In value terms, wood drilling machine exports skyrocketed to $X in 2021. Overall, exports saw a moderate expansion. The pace of growth appeared the most rapid in 2019 with an increase of 249%. The exports peaked in 2021 and are expected to retain growth in the immediate term.
Exports by Country
The United States (X units) was the main destination for wood drilling machine exports from Brazil, with a 52% share of total exports. Moreover, wood drilling machine exports to the United States exceeded the volume sent to the second major destination, Paraguay (X units), twofold. The third position in this ranking was held by Argentina (X units), with an 18% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +458.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+22.4% per year) and Argentina (-15.1% per year).
In value terms, the United States ($X) emerged as the key foreign market for wood drilling machine exports from Brazil, comprising 54% of total exports. The second position in the ranking was held by Argentina ($X), with a 16% share of total exports. It was followed by Chile, with an 8% share.
From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +640.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-14.0% per year) and Chile (+64.4% per year).
Export Prices by Country
The average wood drilling machine export price stood at $X per unit in 2021, with an increase of 35% against the previous year. In general, the export price enjoyed resilient growth. The pace of growth was the most pronounced in 2017 an increase of 213%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.
Prices varied noticeably country of destination: the country with the highest price was Chile ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+76.0%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Drilling Machine Imports
Imports into Brazil
In 2021, approx. X units of drilling or morticing machines were imported into Brazil; increasing by 8.7% on 2020. In general, imports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 278% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, wood drilling machine imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 42% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, China (X units) was the main wood drilling machine supplier to Brazil, accounting for a 96% share of total imports. It was followed by Italy (X units), with a 0.6% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from China stood at -15.3%.
In value terms, China ($X) constituted the largest supplier of wood drilling machine to Brazil, comprising 53% of total imports. The second position in the ranking was taken by Italy ($X), with an 18% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +5.3%.
Import Prices by Country
The average wood drilling machine import price stood at $X per unit in 2021, picking up by 19% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 387%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for China amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wood drilling machine 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Recommended reports
This report provides an in-depth analysis of the global wood drilling machine market.
This report provides an in-depth analysis of the wood drilling machine market in the EU.
This report provides an in-depth analysis of the wood drilling machine market in Asia.
This report provides an in-depth analysis of the wood drilling machine market in the U.S..
This report provides an in-depth analysis of the wood drilling machine market in China.
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET
Join our live webinar to get insights into the global metal tank market.
Thursday, April 15th, 2021 @ 04:00 pm ET
Join our live webinar to get insights into cooling innovations in the oil and gas industry.
Monday, November 2nd, 2020 @ 04:00 pm ET