Brazil: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in Brazil

In 2021, the Brazilian market for in-hand motor grinders, sanders and planers increased by 50% to $X, rising for the fifth year in a row after four years of decline. In general, consumption continues to indicate a noticeable increase. Consumption of peaked in 2021 and is likely to see steady growth in the immediate term.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports from Brazil

In 2021, shipments abroad of in-hand motor grinders, sanders and planers was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Overall, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2017 when exports increased by 76%. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, exports of in-hand motor grinders, sanders and planers soared to $X in 2021. Over the period under review, total exports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units), Argentina (X units) and Mexico (X units) were the main destinations of exports of in-hand motor grinders, sanders and planers from Brazil, together accounting for 53% of total exports.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +118.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Mexico ($X) and the United States ($X) were the largest markets for electromechanical tools for working in the hand, with self-contained electric motor exported from Brazil worldwide, together comprising 51% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +90.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for in-hand motor grinders, sanders and planers amounted to $X per unit, growing by 6% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 23%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Argentina ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (-1.1%), while the prices for the other major destinations experienced a decline.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports into Brazil

For the fifth year in a row, Brazil recorded growth in supplies from abroad of in-hand motor grinders, sanders and planers, which increased by 46% to X units in 2021. Over the period under review, imports saw a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of 54% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, imports of in-hand motor grinders, sanders and planers soared to $X in 2021. Overall, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +190.9% against 2016 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 57%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main electromechanical tools for working in the hand, with self-contained electric motor supplier to Brazil, accounting for a 92% share of total imports. Moreover, imports of in-hand motor grinders, sanders and planers from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), more than tenfold. Mexico (X units) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+12.2% per year) and Mexico (+8.8% per year).

In value terms, China ($X) constituted the largest supplier of electromechanical tools for working in the hand, with self-contained electric motor to Brazil, comprising 75% of total imports. The second position in the ranking was held by Malaysia ($X), with a 7.4% share of total imports. It was followed by Germany, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+10.4% per year) and Germany (-7.2% per year).

Import Prices by Country

In 2021, the average import price for in-hand motor grinders, sanders and planers amounted to $X per unit, picking up by 3.5% against the previous year. Over the period under review, the import price, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2013 an increase of 25% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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