Brazil: Market for Air Conditioning Machines For Motor Vehicles 2024

Market Size for Air Conditioning Machines For Motor Vehicles in Brazil

The Brazilian market for air conditioning machines for motor vehicles contracted to $X in 2022, dropping by -4% against the previous year. Over the period under review, consumption, however, enjoyed a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Air Conditioning Machines For Motor Vehicles in Brazil

In value terms, motor vehicle air conditioning machine production reduced modestly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 45% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Air Conditioning Machines For Motor Vehicles

Exports from Brazil

In 2022, the amount of air conditioning machines for motor vehicles exported from Brazil soared to X units, growing by 65% on 2021 figures. In general, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, motor vehicle air conditioning machine exports surged to $X in 2022. Over the period under review, exports, however, recorded a mild contraction. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X units) was the main destination for motor vehicle air conditioning machine exports from Brazil, accounting for a 88% share of total exports. Moreover, motor vehicle air conditioning machine exports to Argentina exceeded the volume sent to the second major destination, Mexico (X units), more than tenfold. Colombia (X units) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2022, the average annual growth rate of volume to Argentina stood at +20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-6.5% per year) and Colombia (-23.1% per year).

In value terms, Argentina ($X) remains the key foreign market for air conditioning machines for motor vehicles exports from Brazil, comprising 89% of total exports. The second position in the ranking was held by Mexico ($X), with a 3.8% share of total exports. It was followed by Colombia, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value to Argentina stood at +18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-10.0% per year) and Colombia (-24.1% per year).

Export Prices by Country

The average export price for air conditioning machines for motor vehicles stood at $X per unit in 2022, growing by 7.3% against the previous year. In general, the export price, however, continues to indicate a mild decrease. The growth pace was the most rapid in 2017 an increase of 22%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to Mexico ($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 Thailand (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Air Conditioning Machines For Motor Vehicles

Imports into Brazil

In 2022, motor vehicle air conditioning machine imports into Brazil shrank modestly to X units, with a decrease of -3.8% compared with the previous year's figure. Overall, imports, however, posted strong growth. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. As a result, imports attained the peak of X units, and then reduced modestly in the following year.

In value terms, motor vehicle air conditioning machine imports shrank slightly to $X in 2022. In general, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 78%. As a result, imports reached the peak of $X, and then declined slightly in the following year.

Imports by Country

China (X units), Poland (X units) and the United States (X units) were the main suppliers of motor vehicle air conditioning machine imports to Brazil, with a combined 65% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +107.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest motor vehicle air conditioning machine suppliers to Brazil were the United States ($X), China ($X) and Poland ($X), with a combined 67% share of total imports.

Among the main suppliers, Poland, with a CAGR of +91.5%, 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 import price for air conditioning machines for motor vehicles stood at $X per unit in 2022, remaining constant against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 17%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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