Brazil: Lamp Holder Market 2024

Lamp Holder Market Size in Brazil

The Brazilian lamp holder market rose notably to $X in 2022, picking up by 5.1% against the previous year. The market value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Lamp holder consumption peaked in 2022 and is expected to retain growth in years to come.

Lamp Holder Production in Brazil

In value terms, lamp holder production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 26% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Lamp Holder Exports

Exports from Brazil

In 2022, lamp holder exports from Brazil reduced to X tons, shrinking by -1.9% compared with the previous year. Over the period under review, total exports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.9% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 47%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, lamp holder exports rose notably to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X tons) was the main destination for lamp holder exports from Brazil, accounting for a 0.5% share of total exports. Moreover, lamp holder exports to Paraguay exceeded the volume sent to the second major destination, Bolivia (X tons), twofold. The third position in this ranking was held by Argentina (X tons), with a 0.1% share.

From 2012 to 2021, the average annual growth rate of volume to Paraguay totaled +10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+11.5% per year) and Argentina (-1.7% per year).

In value terms, the largest markets for lamp holder exported from Brazil were Paraguay ($X), Bolivia ($X) and the United States ($X), with a combined 53% share of total exports. Argentina, Mexico, Chile, Germany, Peru, Colombia, Uruguay, the Dominican Republic and Venezuela lagged somewhat behind, together accounting for a further 38%.

The Dominican Republic, with a CAGR of +23.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average lamp holder export price amounted to $X per ton, picking up by 4.8% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the average export price increased by 6.6%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Holder Imports

Imports into Brazil

In 2022, overseas purchases of lamp holders, plugs and sockets increased by 26% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 34% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, lamp holder imports surged to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest lamp holder supplier to Brazil, with a approx. 3.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of lamp holders, plugs and sockets to Brazil.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +2.3%.

Import Prices by Country

The average lamp holder import price stood at $X per ton in 2021, increasing by 4.4% against the previous year. Overall, the import price, however, recorded a mild descent. The pace of growth was the most pronounced in 2020 an increase of 17% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +2.6% per year.

Source: IndexBox Platform

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