Brazil: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in Brazil

The Brazilian domestic electro-thermic appliances market contracted slightly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption continues to indicate a pronounced slump. Domestic electro-thermic appliances consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Domestic Electro-Thermic Appliances Production in Brazil

In value terms, domestic electro-thermic appliances production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Domestic Electro-Thermic Appliances Exports

Exports from Brazil

In 2022, after two years of growth, there was significant decline in shipments abroad of domestic electro-thermic appliances, when their volume decreased by X% to X units. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units, and then shrank markedly in the following year.

In value terms, domestic electro-thermic appliances exports dropped to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

Paraguay (X units), Bolivia (X units) and Mexico (X units) were the main destinations of domestic electro-thermic appliances exports from Brazil, together accounting for X% of total exports. Ecuador, Peru, Guatemala, Argentina, Kenya, Costa Rica, Chile, Colombia, Uruguay and Honduras lagged somewhat behind, together accounting for a further X%.

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

In value terms, Paraguay ($X), Bolivia ($X) and Mexico ($X) were the largest markets for domestic electro-thermic appliances exported from Brazil worldwide, with a combined X% share of total exports.

Bolivia, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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

In 2022, the average domestic electro-thermic appliances export price amounted to $X per unit, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Kenya ($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 Uruguay (X%), while the prices for the other major destinations experienced more modest paces of growth.

Domestic Electro-Thermic Appliances Imports

Imports into Brazil

Domestic electro-thermic appliances imports into Brazil shrank rapidly to X units in 2022, with a decrease of X% compared with the year before. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then shrank sharply in the following year.

In value terms, domestic electro-thermic appliances imports reduced to $X in 2022. Overall, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of domestic electro-thermic appliances to Brazil, accounting for a X% share of total imports. It was followed by the United States (X units), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of domestic electro-thermic appliances to Brazil, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at X%.

Import Prices by Country

The average domestic electro-thermic appliances import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 China ($X per unit), while the price for the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform