Brazil: Engine Generator Market 2025

Engine Generator Market Size in Brazil

The Brazilian engine generator market fell to $X in 2022, dropping by -5% against the previous year. Overall, consumption continues to indicate a deep reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Engine Generator Production in Brazil

In value terms, engine generator production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 5.2%. Engine generator production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Engine Generator Exports

Exports from Brazil

In 2022, engine generator exports from Brazil surged to X units, with an increase of 43% on 2021 figures. Over the period under review, exports saw modest growth. The growth pace was the most rapid in 2017 when exports increased by 110% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, engine generator exports skyrocketed to $X in 2022. Overall, exports saw a slight expansion. The most prominent rate of growth was recorded in 2021 with an increase of 72%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X units) was the main destination for engine generator exports from Brazil, with a 74% share of total exports. Moreover, engine generator exports to Argentina exceeded the volume sent to the second major destination, Colombia (X units), ninefold. Uzbekistan (X units) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+20.8% per year) and Uzbekistan (+194,723.5% per year).

In value terms, Argentina ($X) remains the key foreign market for generators for internal combustion engines exports from Brazil, comprising 74% of total exports. The second position in the ranking was held by Colombia ($X), with a 7.1% share of total exports. It was followed by Uzbekistan, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value to Argentina amounted to +1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+14.3% per year) and Uzbekistan (+149,320.5% per year).

Export Prices by Country

The average engine generator export price stood at $X per unit in 2022, picking up by 17% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 77% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Argentina ($X per unit) and Mexico ($X per unit), while the average price for exports to Colombia ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Engine Generator Imports

Imports into Brazil

In 2022, purchases abroad of generators for internal combustion engines increased by 13% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 71%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, engine generator imports skyrocketed to $X in 2022. In general, imports, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2013 when imports increased by 40% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of engine generator to Brazil, accounting for a 31% share of total imports. Moreover, engine generator imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. South Korea (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-4.5% per year) and South Korea (-15.5% per year).

In value terms, the largest engine generator suppliers to Brazil were China ($X), Japan ($X) and South Korea ($X), together accounting for 44% of total imports. The United States, Mexico, Thailand, France, Italy and Slovenia lagged somewhat behind, together accounting for a further 43%.

Mexico, with a CAGR of +13.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average engine generator import price amounted to $X per unit, rising by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2014 an increase of 47%. Over the period under review, average import prices attained the maximum in 2022 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 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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