Brazil: Metal Skid Chain Market 2024

Metal Skid Chain Market Size in Brazil

After five years of decline, the Brazilian metal skid chain market increased by 4.7% to $X in 2021. In general, consumption, however, saw a abrupt downturn. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Metal Skid Chain Production in Brazil

In value terms, metal skid chain production contracted modestly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep setback. The growth pace was the most rapid in 2013 when the production volume increased by 6.1% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Metal Skid Chain Exports

Exports from Brazil

In 2021, the amount of iron or steel skid chain exported from Brazil fell significantly to X tons, with a decrease of -62.3% compared with 2020. Over the period under review, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of 752% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal skid chain exports shrank dramatically to $X in 2021. In general, exports showed a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 201% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Argentina (X tons) was the main destination for metal skid chain exports from Brazil, with a 75% share of total exports. Moreover, metal skid chain exports to Argentina exceeded the volume sent to the second major destination, Costa Rica (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Argentina amounted to -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+1.7% per year) and Venezuela (-6.4% per year).

In value terms, Argentina ($X) emerged as the key foreign market for iron or steel skid chain exports from Brazil, comprising 63% of total exports. The second position in the ranking was taken by Costa Rica ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Argentina amounted to -7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+0.7% per year) and Venezuela (-6.0% per year).

Export Prices by Country

The average metal skid chain export price stood at $X per ton in 2021, picking up by 4.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 57% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Equatorial Guinea (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Skid Chain Imports

Imports into Brazil

In 2021, approx. X tons of iron or steel skid chain were imported into Brazil; growing by 40% against 2020 figures. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2014 when imports increased by 183%. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, metal skid chain imports soared to $X in 2021. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 173%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X tons), Austria (X tons) and the Czech Republic (X tons) were the main suppliers of metal skid chain imports to Brazil, together comprising 98% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +372.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and the Czech Republic ($X) constituted the largest metal skid chain suppliers to Brazil, with a combined 98% share of total imports.

Among the main suppliers, the Czech Republic, with a CAGR of +354.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal skid chain import price stood at $X per ton in 2021, increasing by 6.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 10%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and China ($X per ton), while the price for the Czech Republic ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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