Report Update Nov 1, 2024

Brazil - Hydraulic Jacks and Hoists for Raising Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Brazil: Hydraulic Jack Market 2024

Hydraulic Jack Market Size in Brazil

The Brazilian hydraulic jack market reduced to $X in 2022, with a decrease of -5.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a slight expansion. As a result, consumption reached the peak level of $X, and then fell in the following year.

Hydraulic Jack Exports

Exports from Brazil

In 2022, approx. X units of hydraulic jacks and hoists for raising vehicles were exported from Brazil; rising by 34% against the year before. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 67%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hydraulic jack exports rose remarkably to $X in 2022. Over the period under review, exports, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 57%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X units) was the main destination for hydraulic jack exports from Brazil, accounting for a 48% share of total exports. Moreover, hydraulic jack exports to Argentina exceeded the volume sent to the second major destination, Saudi Arabia (X units), fourfold. The third position in this ranking was held by Paraguay (X units), with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume to Argentina totaled +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+0.3% per year) and Paraguay (-5.7% per year).

In value terms, Argentina ($X) emerged as the key foreign market for hydraulic jacks and hoists for raising vehicles exports from Brazil, comprising 36% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 15% share of total exports. It was followed by Saudi Arabia, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina stood at +21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+1.4% per year) and Saudi Arabia (+4.7% per year).

Export Prices by Country

In 2022, the average hydraulic jack export price amounted to $X per unit, with a decrease of -15.6% against the previous year. Over the period under review, the export price saw a slight reduction. The pace of growth appeared the most rapid in 2018 an increase of 69% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Uruguay ($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 Indonesia (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Jack Imports

Imports into Brazil

In 2022, the amount of hydraulic jacks and hoists for raising vehicles imported into Brazil expanded significantly to X units, picking up by 5.3% compared with 2021 figures. Overall, imports posted a temperate expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 93% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, hydraulic jack imports reduced to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of hydraulic jack to Brazil, with a 97% share of total imports. It was followed by South Korea (X units), with less than 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +4.3%.

In value terms, China ($X) constituted the largest supplier of hydraulic jacks and hoists for raising vehicles to Brazil, comprising 72% of total imports. The second position in the ranking was taken by South Korea ($X), with a 0.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +1.0%.

Import Prices by Country

The average hydraulic jack import price stood at $X per unit in 2022, waning by -14.2% against the previous year. Over the period under review, the import price saw a noticeable slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 18% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a 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 South Korea ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+31.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hydraulic jacks and hoists for raising vehicles in the world?

The countries with the highest volumes of in 2021 were China, the United States and Nigeria, with a combined 44% share of global consumption.

What are the largest producers of hydraulic jacks and hoists for raising vehicles in the world?

The country with the largest volume of hydraulic jack production was China, accounting for 65% of total volume. Moreover, hydraulic jack production in China exceeded the figures recorded by the second-largest producer, India, eightfold. Japan ranked third in terms of total production with a 4.2% share.

What are the leading suppliers of hydraulic jacks and hoists for raising vehicles to Brazil?

In value terms, China constituted the largest supplier of hydraulic jack to Brazil.

What are the leading importers of hydraulic jacks and hoists for raising vehicles from Brazil?

In value terms, Saudi Arabia, Paraguay and Indonesia were the largest markets for hydraulic jack exported from Brazil worldwide, together comprising 49% of total exports. These countries were followed by Argentina, the Philippines, Mexico and Uruguay, which together accounted for a further 18%.

What is the average export price for hydraulic jacks and hoists for raising vehicles in Brazil?

In 2021, the average hydraulic jack export price amounted to $52 per unit, remaining relatively unchanged against the previous year.

What is the average import price for hydraulic jacks and hoists for raising vehicles in Brazil?

The average hydraulic jack import price stood at $14 per unit in 2021, waning by -3.7% against the previous year.

This report provides an in-depth analysis of the hydraulic jack market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221350 - Hydraulic jacks and hoists for raising vehicles (excluding those for use in garages)

Country coverage:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023