Brazil: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in Brazil

After two years of growth, the Brazilian market for motor vehicle chassis fitted with engines decreased by X% to $X in 2022. Over the period under review, consumption continues to indicate a abrupt shrinkage. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Motor Vehicle Chassis Fitted With Engines in Brazil

In value terms, production of motor vehicle chassis fitted with engines reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth remained at a somewhat lower figure.

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Exports of Motor Vehicle Chassis Fitted With Engines

Exports from Brazil

In 2022, overseas shipments of motor vehicle chassis fitted with engines increased by X% to X units for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, showed a noticeable reduction. Over the period under review, the exports of attained the maximum at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of motor vehicle chassis fitted with engines surged to $X in 2022. Over the period under review, exports, however, recorded a pronounced setback. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X units), Chile (X units) and Mexico (X units) were the main destinations of exports of motor vehicle chassis fitted with engines from Brazil, with a combined X% share of total exports. Colombia, Peru, Malaysia, Ghana, South Africa, Egypt, Ecuador and Indonesia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for motor vehicle chassis fitted with engines exported from Brazil were Chile ($X), Argentina ($X) and Colombia ($X), with a combined X% share of total exports. Mexico, Malaysia, Peru, Ghana, South Africa, Ecuador, Egypt and Indonesia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Ghana, with a CAGR of X%, saw 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 export price for motor vehicle chassis fitted with engines amounted to $X per unit, increasing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($X per unit), while the average price for exports to Mexico ($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 Ecuador (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into Brazil

Imports of motor vehicle chassis fitted with engines into Brazil surged to X units in 2022, rising by X% on 2021. Over the period under review, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of motor vehicle chassis fitted with engines skyrocketed to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports of reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X units) constituted the largest supplier of motor vehicle chassis fitted with engines to Brazil, with a X% share of total imports. Moreover, imports of motor vehicle chassis fitted with engines from India exceeded the figures recorded by the second-largest supplier, Sweden (X units), sevenfold. The third position in this ranking was held by Germany (X units), with a X% share.

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

In value terms, Sweden ($X) constituted the largest supplier of motor vehicle chassis fitted with engines to Brazil, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Sweden stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Germany (X% per year).

Import Prices by Country

The average import price for motor vehicle chassis fitted with engines stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price showed a deep setback. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform