Brazil: Accumulator Market 2025

Accumulator Market Size in Brazil

For the fourth year in a row, the Brazilian accumulator market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level in 2022 and is likely to see steady growth in years to come.

Accumulator Production in Brazil

In value terms, accumulator production amounted to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Accumulator production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Accumulator Exports

Exports from Brazil

In 2022, shipments abroad of electric accumulators decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, accumulator exports declined to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Argentina (X units), Paraguay (X units) and Uruguay (X units) were the main destinations of accumulator exports from Brazil, with a combined X% share of total exports. The United States, Bolivia, Chile, the Dominican Republic, Vietnam, South Africa, Mexico, Venezuela, China and South Korea lagged somewhat behind, together comprising a further X%.

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

In value terms, Argentina ($X) remains the key foreign market for electric accumulators exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by Paraguay ($X), with a X% share of total exports. It was followed by Uruguay, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Uruguay (X% per year).

Export Prices by Country

The average accumulator export price stood at $X per unit in 2022, growing by X% against the previous year. In general, export price indicated a resilient increase from 2012 to 2022: its price 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, accumulator export price increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to Vietnam ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Accumulator Imports

Imports into Brazil

In 2022, the amount of electric accumulators imported into Brazil fell to X units, shrinking by X% against the previous year's figure. In general, imports saw a mild shrinkage. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, accumulator imports soared to $X in 2022. Over the period under review, total imports indicated buoyant 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 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of accumulator to Brazil, accounting for a X% share of total imports. Moreover, accumulator imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold. South Korea (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and South Korea (X% per year).

In value terms, China ($X) constituted the largest supplier of electric accumulators to Brazil, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Japan (X% per year).

Import Prices by Country

The average accumulator import price stood at $X per unit in 2022, jumping by X% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price 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, accumulator import price increased by X% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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