Brazil: Computing Machinery Market 2024

Computing Machinery Market Size in Brazil

In 2021, the Brazilian computing machinery market increased by 10% to $X, rising for the second consecutive year after five years of decline. Over the period under review, consumption, however, showed a abrupt setback. Computing machinery consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Computing Machinery Production in Brazil

In value terms, computing machinery production expanded modestly to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 9.5% against the previous year. Computing machinery production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Computing Machinery Exports

Exports from Brazil

In 2021, after four years of decline, there was significant growth in overseas shipments of computing machinery and parts and accessories thereof, when their volume increased by 5% to X tons. Over the period under review, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2016 when exports increased by 71%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, computing machinery exports surged to $X in 2021. Overall, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 24%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Panama (X tons), Argentina (X tons) and Chile (X tons) were the main destinations of computing machinery exports from Brazil, together accounting for 56% of total exports.

From 2012 to 2021, the biggest increases were recorded for Panama (with a CAGR of +62.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for computing machinery and parts and accessories thereof exports from Brazil, comprising 37% of total exports. The second position in the ranking was taken by Chile ($X), with an 8.6% share of total exports. It was followed by Argentina, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-2.0% per year) and Argentina (-19.0% per year).

Export Prices by Country

In 2021, the average computing machinery export price amounted to $X per ton, picking up by 13% against the previous year. In general, the export price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 29%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Computing Machinery Imports

Imports into Brazil

In 2021, overseas purchases of computing machinery and parts and accessories thereof increased by 16% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a perceptible downturn. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, computing machinery imports soared to $X in 2021. In general, imports, however, showed a pronounced descent. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest computing machinery supplier to Brazil, accounting for a 74% share of total imports. Moreover, computing machinery imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. The Philippines (X tons) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-0.2% per year) and the Philippines (+6.5% per year).

In value terms, China ($X) constituted the largest supplier of computing machinery and parts and accessories thereof to Brazil, comprising 62% of total imports. The second position in the ranking was held by the United States ($X), with a 7.6% share of total imports. It was followed by Vietnam, with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-6.4% per year) and Vietnam (+13.1% per year).

Import Prices by Country

The average computing machinery import price stood at $X per ton in 2021, growing by 8.6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 12%. The import price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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