Brazil: Gear Cutting Machine Market 2024

Gear Cutting Machine Market Size in Brazil

The Brazilian gear cutting machine market amounted to $X in 2021, growing by 9.2% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Gear Cutting Machine Production in Brazil

In value terms, gear cutting machine production rose notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the production volume increased by 9.8%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Gear Cutting Machine Exports

Exports from Brazil

In 2021, shipments abroad of gear cutting, gear grinding or gear finishing machines decreased by 0% to X units, falling for the third consecutive year after five years of decline. Over the period under review, exports recorded a sharp setback. The smallest decline of -33.3% was in 2019. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, gear cutting machine exports surged to $X in 2021. In general, exports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 13,560%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Bolivia (X units) and Paraguay (X units) were the main destinations of gear cutting machine exports from Brazil.

From 2013 to 2021, the biggest increases were recorded for Bolivia (with a CAGR of 0.0%).

In value terms, Paraguay ($X) remains the key foreign market for gear cutting, gear grinding or gear finishing machines exports from Brazil, comprising 99% of total exports. The second position in the ranking was taken by Bolivia ($X), with a 0.9% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of value to Paraguay stood at -19.3%.

Export Prices by Country

In 2021, the average gear cutting machine export price amounted to $X per unit, waning by -54.2% against the previous year. Overall, the export price, however, continues to indicate significant growth. The growth pace was the most rapid in 2014 when the average export price increased by 3,298% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Bolivia amounted to $X per unit.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+18.6%).

Gear Cutting Machine Imports

Imports into Brazil

In 2021, the amount of gear cutting, gear grinding or gear finishing machines imported into Brazil expanded notably to X units, rising by 10% against the year before. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 238% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, gear cutting machine imports amounted to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of 56% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest gear cutting machine supplier to Brazil, with a 66% share of total imports. Moreover, gear cutting machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by Japan (X units), with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.9% per year) and Japan (-12.9% per year).

In value terms, Germany ($X) constituted the largest supplier of gear cutting, gear grinding or gear finishing machines to Brazil, comprising 84% of total imports. The second position in the ranking was taken by China ($X), with a 9.8% share of total imports. It was followed by Japan, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.8% per year) and Japan (-19.3% per year).

Import Prices by Country

The average gear cutting machine import price stood at $X per unit in 2021, approximately mirroring the previous year. Overall, the import price faced a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 57% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

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 Germany ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :