Brazil: Non-Electric Bakery Oven Market 2022

Non-Electric Bakery Oven Market Size in Brazil

The Brazilian non-electric bakery oven market declined to $X in 2021, waning by -X% against the previous year. Overall, consumption recorded a pronounced reduction. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Non-Electric Bakery Oven Production in Brazil

In value terms, non-electric bakery oven production rose significantly to $X in 2021 estimated in export price. Overall, the total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Non-Electric Bakery Oven Exports

Exports from Brazil

In 2021, approx. X units of non-electric bakery ovens were exported from Brazil; surging by X% on 2020. Over the period under review, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, non-electric bakery oven exports contracted to $X in 2021. In general, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X units) was the main destination for non-electric bakery oven exports from Brazil, with a X% share of total exports. Moreover, non-electric bakery oven exports to Indonesia exceeded the volume sent to the second major destination, Chile (X units), threefold. The third position in this ranking was occupied by Paraguay (X units), with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Indonesia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+X% per year) and Paraguay (+X% per year).

In value terms, Indonesia ($X), Ecuador ($X) and Colombia ($X) appeared to be the largest markets for non-electric bakery oven exported from Brazil worldwide, together comprising X% of total exports.

Colombia, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of 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 non-electric bakery oven export price amounted to $X per unit, falling by -X% against the previous year. In general, the export price recorded a mild contraction. 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 at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Ecuador ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2021, 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.

Non-Electric Bakery Oven Imports

Imports into Brazil

In 2021, after three years of decline, there was significant growth in overseas purchases of non-electric bakery ovens, when their volume increased by X% to X units. Over the period under review, imports recorded strong growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, non-electric bakery oven imports dropped modestly to $X in 2021. Overall, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of non-electric bakery oven to Brazil, with a X% share of total imports. Moreover, non-electric bakery oven imports from Italy exceeded the figures recorded by the second-largest supplier, Portugal (X units), threefold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+X% per year) and Germany (+X% per year).

In value terms, Italy ($X), Germany ($X) and Portugal ($X) appeared to be the largest non-electric bakery oven suppliers to Brazil, together comprising X% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +X%, saw 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 non-electric bakery oven import price stood at $X per unit in 2021, falling by -X% against the previous year. In general, the import price, however, showed a mild increase. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform