Brazil: Market for Vacuum Flasks and Vessels 2024

Market Size for Vacuum Flasks and Vessels in Brazil

The Brazilian vacuum flask and vessel market reduced slightly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption saw a pronounced slump. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Vacuum Flasks and Vessels in Brazil

In value terms, vacuum flask and vessel production shrank slightly to $X in 2022 estimated in export price. In general, production showed a pronounced decrease. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Vacuum flask and vessel production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Vacuum Flasks and Vessels

Exports from Brazil

In 2022, vacuum flask and vessel exports from Brazil fell notably to X units, with a decrease of X% on the year before. Overall, exports continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, vacuum flask and vessel exports contracted to $X in 2022. Over the period under review, exports saw a noticeable descent. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Paraguay (X units) was the main destination for vacuum flask and vessel exports from Brazil, accounting for a X% share of total exports. Moreover, vacuum flask and vessel exports to Paraguay exceeded the volume sent to the second major destination, Bolivia (X units), threefold. The third position in this ranking was taken by Argentina (X units), with a X% share.

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

In value terms, Paraguay ($X) remains the key foreign market for vacuum flasks and vessels exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by Bolivia ($X), with a X% share of total exports. It was followed by Uruguay, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Paraguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (X% per year) and Uruguay (X% per year).

Export Prices by Country

The average vacuum flask and vessel export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per unit), while the average price for exports to Paraguay ($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 Vacuum Flasks and Vessels

Imports into Brazil

In 2022, supplies from abroad of vacuum flasks and vessels increased by X% to X units, rising for the sixth year in a row after two years of decline. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, vacuum flask and vessel imports surged to $X in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) was the main supplier of vacuum flask and vessel to Brazil, with a X% share of total imports. Moreover, vacuum flask and vessel imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Hong Kong SAR (X% per year).

In value terms, China ($X) constituted the largest supplier of vacuum flasks and vessels to Brazil, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

The average vacuum flask and vessel import price stood at $X per unit in 2022, reducing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit, and then dropped in the following year.

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

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

Source: IndexBox Platform

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