Brazil: Optical Radiation Instruments Market 2025

Optical Radiation Instruments Market Size in Brazil

The Brazilian optical radiation instruments market fell modestly to $X in 2022, with a decrease of -1.7% 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, however, continues to indicate a relatively flat trend pattern. Optical radiation instruments consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Optical Radiation Instruments Exports

Exports from Brazil

In 2022, exports of instruments using optical radiations from Brazil surged to X units, increasing by 31% compared with 2021 figures. In general, exports continue to indicate prominent growth. The growth pace was the most rapid in 2015 with an increase of 199% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, optical radiation instruments exports stood at $X in 2022. Over the period under review, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2015 with an increase of 259% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X units), Mexico (X units) and Argentina (X units) were the main destinations of optical radiation instruments exports from Brazil, together accounting for 61% of total exports. Uruguay, Colombia, the Dominican Republic, Bolivia and Italy lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Dominican Republic (with a CAGR of +224.9%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for instruments using optical radiations exports from Brazil, comprising 32% of total exports. The second position in the ranking was held by Mexico ($X), with a 12% share of total exports. It was followed by Colombia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+116.3% per year) and Colombia (+28.5% per year).

Export Prices by Country

The average optical radiation instruments export price stood at $X per unit in 2022, dropping by -20.9% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 63% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Uruguay ($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 Italy (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Radiation Instruments Imports

Imports into Brazil

In 2022, purchases abroad of instruments using optical radiations increased by 6.6% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 62% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, optical radiation instruments imports reduced slightly to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 60%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), the United States (X units) and Japan (X units) were the main suppliers of optical radiation instruments imports to Brazil, with a combined 65% share of total imports. Singapore, Germany, South Korea, the Czech Republic, Italy, Switzerland and Taiwan (Chinese) lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +45.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of instruments using optical radiations to Brazil, comprising 38% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by Singapore, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.5% per year) and Singapore (+13.5% per year).

Import Prices by Country

The average optical radiation instruments import price stood at $X per unit in 2022, waning by -8.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 11%. The import price peaked at $X per unit in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: 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 Taiwan (Chinese) (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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