Brazil: Hand Tools Market Overview 2020

Hand Tools Market Size in Brazil

The revenue of the hand tools market in Brazil amounted to $X in 2018, going down by -X% against the previous year. In general, the total market indicated modest growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hand tools consumption increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Hand tools consumption peaked at $X in 2011; however, from 2012 to 2018, consumption failed to regain its momentum.

Hand Tools Production in Brazil

In value terms, hand tools production totaled $X in 2018 estimated in export prices. Overall, hand tools production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, hand tools production reached its maximum level at $X in 2011; however, from 2012 to 2018, production stood at a somewhat lower figure.

Hand Tools Exports

Exports from Brazil

Hand tools exports from Brazil stood at X tonnes in 2018, shrinking by -X% against the previous year. In general, hand tools exports continue to indicate a measured curtailment. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, hand tools exports reached their peak figure at X tonnes in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, hand tools exports totaled $X in 2018. Over the period under review, hand tools exports continue to indicate a mild decline. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Exports peaked at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

Peru (X tonnes), Paraguay (X tonnes) and Bolivia (X tonnes) were the main destinations of hand tools exports from Brazil, together comprising X% of total exports. These countries were followed by the U.S., Saudi Arabia, Argentina, Belgium, Chile, Uruguay, Panama, Singapore and Nigeria, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Singapore, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Paraguay ($X) and Peru ($X) appeared to be the largest markets for hand tools exported from Brazil worldwide, together comprising X% of total exports. These countries were followed by Argentina, Bolivia, Belgium, Chile, Singapore, Nigeria, Uruguay, Saudi Arabia and Panama, which together accounted for a further X recorded the highest rates of growth with regard to exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average hand tools export price amounted to $X per tonne, jumping by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, the average export prices for hand tools reached their peak figure at $X per tonne in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria, while the prices for the other major destinations experienced more modest paces of growth.

Hand Tools Imports

Imports into Brazil

Hand tools imports into Brazil amounted to X tonnes in 2018, declining by -X% against the previous year. Over the period under review, the total imports indicated a notable increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hand tools imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, hand tools imports attained their maximum at X tonnes in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

In value terms, hand tools imports totaled $X in 2018. Overall, the total imports indicated a prominent expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hand tools imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of hand tools to Brazil, accounting for a X% share of total imports. Moreover, hand tools imports from China exceeded the figures recorded by the second-largest supplier, India (X tonnes), eightfold. The third position in this ranking was occupied by Taiwan, Chinese (X tonnes), with a X% share.

From 2007 to 2018, 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: India (+X% per year) and Taiwan, Chinese (+X% per year).

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

From 2007 to 2018, 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: Taiwan, Chinese (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2018, the average hand tools import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform