Brazil - Flat-Rolled Products of Silicon-Electrical Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBrazil: Market for Flat-Rolled Products Of Silicon-Electrical Steel 2024
Market Size for Flat-Rolled Products Of Silicon-Electrical Steel in Brazil
The Brazilian silicon-electrical steel flat-rolled product market contracted significantly to $X in 2023, falling by X% against the previous year. Overall, consumption continues to indicate a abrupt decline. Silicon-electrical steel flat-rolled product consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.
Production of Flat-Rolled Products Of Silicon-Electrical Steel in Brazil
In value terms, silicon-electrical steel flat-rolled product production contracted slightly to $X in 2023 estimated in export price. In general, production continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2022 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.
Exports of Flat-Rolled Products Of Silicon-Electrical Steel
Exports from Brazil
In 2023, overseas shipments of flat-rolled products of silicon-electrical steel increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports enjoyed strong growth. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the near future.
In value terms, silicon-electrical steel flat-rolled product exports soared to $X in 2023. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to see gradual growth in years to come.
Exports by Country
Italy (X tons) was the main destination for silicon-electrical steel flat-rolled product exports from Brazil, accounting for a X% share of total exports. Moreover, silicon-electrical steel flat-rolled product exports to Italy exceeded the volume sent to the second major destination, China (X tons), threefold. Turkey (X tons) ranked third in terms of total exports with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Turkey (X% per year).
In value terms, Italy ($X) remains the key foreign market for flat-rolled products of silicon-electrical steel exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by China ($X), with an X% share of total exports. It was followed by Turkey, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Turkey (X% per year).
Export Prices by Country
In 2023, the average silicon-electrical steel flat-rolled product export price amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Flat-Rolled Products Of Silicon-Electrical Steel
Imports into Brazil
In 2023, approx. X tons of flat-rolled products of silicon-electrical steel were imported into Brazil; waning by X% on the previous year's figure. In general, imports continue to indicate a pronounced contraction. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then contracted markedly in the following year.
In value terms, silicon-electrical steel flat-rolled product imports surged to $X in 2023. Over the period under review, imports, however, posted buoyant growth. The growth pace was the most rapid in 2022 when imports increased by X%. Over the period under review, imports attained the maximum in 2023 and are expected to retain growth in the immediate term.
Imports by Country
In 2023, China (X tons) constituted the largest silicon-electrical steel flat-rolled product supplier to Brazil, accounting for a X% share of total imports. Moreover, silicon-electrical steel flat-rolled product imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fivefold. The third position in this ranking was held by Russia (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Russia (X% per year).
In value terms, China ($X) constituted the largest supplier of flat-rolled products of silicon-electrical steel to Brazil, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Vietnam (X% per year).
Import Prices by Country
In 2023, the average silicon-electrical steel flat-rolled product import price amounted to $X per ton, rising by X% against the previous year. In general, the import price saw a remarkable increase. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked in 2023 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.
From 2012 to 2023, 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
This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product 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 24105310 - Electrical sheet and strip, grain oriented of a width of .600 mm or more
- Prodcom 24105330 - Flat-rolled products of silicon-electrical steel, of a width . .600 mm, non-grain-oriented
- Prodcom 24105410 - Electrical cold-rolled slit strip, grain oriented, in silicon-alloy steel, of a width of < .600 mm
- Prodcom 24105430 - Flat-rolled products of silicon-electrical steel, of a width < .600 mm, non-grain-oriented
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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