Brazil: Clutch Market 2024

Clutch Market Size in Brazil

The Brazilian clutch market reached $X in 2022, surging by 2% against the previous year. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.3% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Clutch Production in Brazil

In value terms, clutch production expanded slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.9% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 45% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Clutch Exports

Exports from Brazil

In 2022, shipments abroad of clutches increased by 9.3% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, clutch exports skyrocketed to $X in 2022. Overall, exports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X tons), Germany (X tons) and Mexico (X tons) were the main destinations of clutch exports from Brazil, together accounting for 64% of total exports. Chile, Russia, France, Colombia, Peru, Uruguay, Paraguay, the UK, Bolivia and the United States lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +125.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X) remains the key foreign market for clutches exports from Brazil, comprising 37% of total exports. The second position in the ranking was taken by Germany ($X), with a 12% share of total exports. It was followed by Mexico, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina amounted to -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.5% per year) and Mexico (-4.1% per year).

Export Prices by Country

In 2022, the average clutch export price amounted to $X per ton, increasing by 10% against the previous year. Over the period under review, the export price, however, saw a perceptible decrease. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Clutch Imports

Imports into Brazil

For the third consecutive year, Brazil recorded growth in supplies from abroad of clutches, which increased by 0.2% to X tons in 2022. Over the period under review, total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.8% 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 +64.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 41%. Imports peaked at X tons in 2013; afterwards, it flattened through to 2022.

In value terms, clutch imports fell to $X in 2022. Overall, total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.4% 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 +47.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), China (X tons) and South Korea (X tons) were the main suppliers of clutch imports to Brazil, together accounting for 60% of total imports. France, Hungary, Italy, the United States, Thailand and Sweden lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +32.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of clutches to Brazil, comprising 35% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by Italy, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.1% per year) and Italy (+0.9% per year).

Import Prices by Country

The average clutch import price stood at $X per ton in 2022, leveling off at the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 42%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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