Brazil: Memories Market 2024

Memories Market Size in Brazil

The Brazilian memories market contracted dramatically to $X in 2023, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a relatively flat trend pattern. Memories consumption peaked at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Memories Exports

Exports from Brazil

Memories exports from Brazil rose sharply to X units in 2023, with an increase of X% on 2022 figures. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, memories exports soared to $X in 2023. Overall, exports saw prominent growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X units), South Korea (X units) and Hong Kong SAR (X units) were the main destinations of memories exports from Brazil, together accounting for X% of total exports. China, the United States, Thailand and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Thailand (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), South Korea ($X) and China ($X) appeared to be the largest markets for memories exported from Brazil worldwide, with a combined X% share of total exports. Hong Kong SAR, Thailand, Taiwan (Chinese) and the United States lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, recorded 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 2023, the average memories export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price posted a strong increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Memories Imports

Imports into Brazil

In 2023, memories imports into Brazil declined markedly to X units, waning by X% on the previous year's figure. Overall, imports continue to indicate a perceptible decrease. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, memories imports dropped remarkably to $X in 2023. Over the period under review, imports, however, recorded a slight expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

South Korea (X units), China (X units) and Taiwan (Chinese) (X units) were the main suppliers of memories imports to Brazil, together comprising X% of total imports. Thailand, Japan, Singapore and the Philippines lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, South Korea ($X) constituted the largest supplier of multichip integrated circuits: memories to Brazil, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with an X% share.

From 2012 to 2023, the average annual growth rate of value from South Korea stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average memories import price stood at $X per unit in 2023, reducing by X% against the previous year. Overall, the import price, however, continues to indicate notable growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform