Brazil: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in Brazil

The Brazilian appliance part brush market rose markedly to $X in 2022, increasing by 13% 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). In general, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +128.3% against 2016 indices. Appliance part brush consumption peaked in 2022 and is likely to see gradual growth in the near future.

Appliance Part Brush Exports

Exports from Brazil

In 2022, approx. X units of brushes constituting parts of appliances were exported from Brazil; dropping by -10% against 2021 figures. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 33% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, appliance part brush exports amounted to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 12% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Argentina (X units), Paraguay (X units) and Ecuador (X units) were the main destinations of appliance part brush exports from Brazil, with a combined 55% share of total exports. Switzerland, the United States, Uruguay, Chile, Mexico, Peru, Angola, Liberia, Colombia and Venezuela lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Liberia (with a CAGR of +36.0%), while the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Switzerland ($X) and Mexico ($X) constituted the largest markets for appliance part brush exported from Brazil worldwide, together comprising 45% of total exports. The United States, Paraguay, Ecuador, Uruguay, Chile, Peru, Angola, Colombia, Liberia and Venezuela lagged somewhat behind, together comprising a further 40%.

Liberia, with a CAGR of +16.8%, saw 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

The average appliance part brush export price stood at $X per unit in 2022, increasing by 16% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 25%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Liberia ($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 Peru (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Appliance Part Brush Imports

Imports into Brazil

In 2022, the amount of brushes constituting parts of appliances imported into Brazil soared to X units, rising by 16% compared with 2021 figures. In general, imports continue to indicate strong growth. The growth pace was the most rapid in 2017 when imports increased by 37%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, appliance part brush imports amounted to $X in 2022. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 +45.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of appliance part brush to Brazil, accounting for a 83% share of total imports. Moreover, appliance part brush imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. The United States (X units) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.6% per year) and the United States (-12.9% per year).

In value terms, China ($X) constituted the largest supplier of brushes constituting parts of appliances to Brazil, comprising 43% of total imports. The second position in the ranking was taken by the United States ($X), with a 15% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.7% per year) and Italy (+4.2% per year).

Import Prices by Country

In 2022, the average appliance part brush import price amounted to $X per unit, shrinking by -5.4% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2016 an increase of 12% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 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 Germany ($X per unit), while the price for Poland ($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 (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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