Brazil: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in Brazil

The Brazilian injection-moulding machine market fell to $X in 2022, waning by -8.8% 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). Overall, consumption recorded a abrupt decrease. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Injection-Moulding Machine Exports

Exports from Brazil

For the third consecutive year, Brazil recorded growth in overseas shipments of injection-moulding machines for working rubber or plastics, which increased by 52% to X units in 2022. Overall, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2015 with an increase of 77%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, injection-moulding machine exports soared to $X in 2022. Over the period under review, total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.3% 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 +97.5% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of 33% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Argentina (X units), the UK (X units) and Mexico (X units) were the main destinations of injection-moulding machine exports from Brazil, together comprising 66% of total exports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +34.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the key foreign market for injection-moulding machines for working rubber or plastics exports from Brazil, comprising 57% of total exports. The second position in the ranking was taken by Argentina ($X), with a 15% share of total exports. It was followed by Mexico, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value to the UK stood at +33.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+0.2% per year) and Mexico (+106.5% per year).

Export Prices by Country

In 2022, the average injection-moulding machine export price amounted to $X per unit, with a decrease of -19% against the previous year. Over the period under review, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of 42% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Angola ($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 Mexico (+53.0%), while the prices for the other major destinations experienced more modest paces of growth.

Injection-Moulding Machine Imports

Imports into Brazil

In 2022, imports of injection-moulding machines for working rubber or plastics into Brazil dropped to X units, stabilizing at the previous year's figure. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 43%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, injection-moulding machine imports reduced dramatically to $X in 2022. In general, imports saw a deep slump. The growth pace was the most rapid in 2017 with an increase of 70% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest injection-moulding machine supplier to Brazil, with a 90% share of total imports. Moreover, injection-moulding machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-23.6% per year) and Taiwan (Chinese) (-26.1% per year).

In value terms, China ($X) constituted the largest supplier of injection-moulding machines for working rubber or plastics to Brazil, comprising 73% of total imports. The second position in the ranking was held by Germany ($X), with an 8.9% share of total imports. It was followed by Taiwan (Chinese), with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.2% per year) and Taiwan (Chinese) (-6.1% per year).

Import Prices by Country

In 2022, the average injection-moulding machine import price amounted to $X per unit, which is down by -20.9% against the previous year. Overall, the import price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of 49% against the previous year. The import price peaked at $X per unit in 2021, and then contracted markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+36.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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