Brazil: Capacitor Market 2024

Capacitor Market Size in Brazil

The Brazilian capacitor market contracted to $X in 2022, waning by X% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2021, and then dropped in the following year.

Capacitor Production in Brazil

In value terms, capacitor production shrank slightly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Capacitor Exports

Exports from Brazil

In 2022, overseas shipments of electrical capacitors were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. In general, exports posted a tangible expansion. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, capacitor exports fell modestly to $X in 2022. Over the period under review, exports, however, saw a mild setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X units) was the main destination for capacitor exports from Brazil, accounting for a X% share of total exports. Moreover, capacitor exports to Hong Kong SAR exceeded the volume sent to the second major destination, the United States (X units), sixfold. The third position in this ranking was held by Germany (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Germany (X% per year).

In value terms, the largest markets for capacitor exported from Brazil were the United States ($X), Germany ($X) and Hong Kong SAR ($X), with a combined X% share of total exports. China, Italy, Hungary, Mexico, Romania, South Korea, Vietnam and Thailand lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Romania, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 capacitor export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2019 an increase of X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Hong Kong SAR (less than $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 Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Capacitor Imports

Imports into Brazil

After two years of growth, overseas purchases of electrical capacitors decreased by X% to X units in 2022. In general, imports recorded a slight setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, capacitor imports fell to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of capacitor to Brazil, accounting for a X% share of total imports. Moreover, capacitor imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), eightfold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) constituted the largest supplier of electrical capacitors to Brazil, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the average capacitor import price amounted to $X per thousand units, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per thousand units in 2019; however, from 2020 to 2022, 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 the United States ($X per thousand units), while the price for the Philippines ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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