Brazil: Container Market 2024

Container Market Size in Brazil

In 2022, the Brazilian container market decreased by X% to $X, falling for the second consecutive year after five years of growth. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Container consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Container Production in Brazil

In value terms, container production reached $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Container Exports

Exports from Brazil

In 2022, shipments abroad of tanks, casks, drums, cans, boxes and similar containers increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, container exports skyrocketed to $X in 2022. Overall, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Argentina (X units) was the main destination for container exports from Brazil, accounting for a X% share of total exports. Moreover, container exports to Argentina exceeded the volume sent to the second major destination, the United States (X units), twofold. Peru (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Argentina amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Peru (X% per year).

In value terms, Argentina ($X), the United States ($X) and Peru ($X) constituted the largest markets for container exported from Brazil worldwide, with a combined X% share of total exports.

Among the main countries of destination, Peru, with a CAGR of X%, recorded the highest rates of growth with regard to 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 container export price amounted to $X per unit, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 an increase of X%. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to Chile ($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 South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Container Imports

Imports into Brazil

In 2022, purchases abroad of tanks, casks, drums, cans, boxes and similar containers decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then fell dramatically in the following year.

In value terms, container imports declined remarkably to $X in 2022. In general, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2021, and then contracted significantly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest container supplier to Brazil, accounting for a X% share of total imports. Moreover, container imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by Argentina (X units), with a X% share.

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

In value terms, China ($X), Germany ($X) and Argentina ($X) constituted the largest container suppliers to Brazil, together comprising X% of total imports. Italy, Spain, Costa Rica, Chile and Mexico lagged somewhat behind, together accounting for a further X%.

Costa Rica, with a CAGR of X.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average container import price amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, 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 Italy ($X per unit), while the price for Costa Rica ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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