Brazil: Engine Generator Market 2024

Engine Generator Market Size in Brazil

The Brazilian engine generator market shrank modestly to $X in 2022, which is down by X% against the previous year. In general, consumption showed a abrupt setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Engine Generator Production in Brazil

In value terms, engine generator production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production faced a deep contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Engine generator production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Engine Generator Exports

Exports from Brazil

In 2022, the amount of generators for internal combustion engines exported from Brazil skyrocketed to X units, picking up by X% against the previous year's figure. In general, exports recorded a mild increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, engine generator exports surged to $X in 2022. Overall, exports enjoyed slight growth. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X units) was the main destination for engine generator exports from Brazil, with a X% share of total exports. Moreover, engine generator exports to Argentina exceeded the volume sent to the second major destination, Colombia (X units), ninefold. Uzbekistan (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Uzbekistan (X.5% per year).

In value terms, Argentina ($X) remains the key foreign market for generators for internal combustion engines exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Uzbekistan (X.5% per year).

Export Prices by Country

In 2022, the average engine generator export price amounted to $X per unit, jumping by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Argentina ($X per unit) and Mexico ($X per unit), while the average price for exports to Colombia ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced mixed trend patterns.

Engine Generator Imports

Imports into Brazil

In 2022, supplies from abroad of generators for internal combustion engines increased by X% to X units, rising for the second year in a row after three years of decline. In general, imports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, engine generator imports soared to $X in 2022. Over the period under review, imports, however, saw a noticeable reduction. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

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

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

In value terms, China ($X), Japan ($X) and South Korea ($X) constituted the largest engine generator suppliers to Brazil, with a combined X% share of total imports. The United States, Mexico, Thailand, France, Italy and Slovenia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Mexico, with a CAGR of X%, recorded 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

The average engine generator import price stood at $X per unit in 2022, increasing 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 2014 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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