Brazil: Electric Soldering Iron Market 2024

Electric Soldering Iron Market Size in Brazil

For the third consecutive year, the Brazilian electric soldering iron market recorded growth in sales value, which increased by X% to $X in 2022. In general, the total consumption 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, consumption increased by X% against 2018 indices. Electric soldering iron consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Electric Soldering Iron Exports

Exports from Brazil

In 2022, approx. X units of electric soldering irons and guns were exported from Brazil; with an increase of X% on 2021 figures. Overall, exports recorded a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, electric soldering iron exports skyrocketed to $X in 2022. In general, total exports indicated prominent 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Paraguay (X units) was the main destination for electric soldering iron exports from Brazil, with a X% share of total exports. Moreover, electric soldering iron exports to Paraguay exceeded the volume sent to the second major destination, Bolivia (X units), twofold. The third position in this ranking was taken by Uruguay (X units), with an X% share.

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

In value terms, Paraguay ($X) remains the key foreign market for electric soldering irons and guns exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Bolivia ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

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

Export Prices by Country

In 2022, the average electric soldering iron export price amounted to $X per unit, rising by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Guatemala ($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 Ecuador (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Soldering Iron Imports

Imports into Brazil

In 2022, purchases abroad of electric soldering irons and guns increased by X% to X units, rising for the second year in a row after two years of decline. Overall, total imports indicated measured growth from 2012 to 2022: its volume 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 appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, electric soldering iron imports skyrocketed to $X in 2022. In general, total imports indicated prominent 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 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest electric soldering iron supplier to Brazil, with a X% share of total imports. Moreover, electric soldering iron imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), ninefold.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Hong Kong SAR (X% per year).

In value terms, China ($X) constituted the largest supplier of electric soldering irons and guns to Brazil, comprising X% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average electric soldering iron import price stood at $X per unit in 2022, growing 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 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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