Brazil: Market for Iron Or Steel Solid Fuel Domestic Appliances 2025

Market Size for Iron Or Steel Solid Fuel Domestic Appliances in Brazil

The Brazilian metal solid fuel appliances market shrank to $X in 2022, falling by -1.5% 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 enjoyed a strong expansion. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Exports of Iron Or Steel Solid Fuel Domestic Appliances

Exports from Brazil

In 2022, overseas shipments of iron or steel solid fuel domestic appliances were finally on the rise to reach X units after two years of decline. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 646% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, metal solid fuel appliances exports soared to $X in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by 141%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Uruguay (X units) was the main destination for metal solid fuel appliances exports from Brazil, with a 74% share of total exports. Moreover, metal solid fuel appliances exports to Uruguay exceeded the volume sent to the second major destination, Paraguay (X units), eightfold. The third position in this ranking was taken by the United States (X units), with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay amounted to +25.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-10.1% per year) and the United States (+73.0% per year).

In value terms, Uruguay ($X) remains the key foreign market for iron or steel solid fuel domestic appliances exports from Brazil, comprising 60% of total exports. The second position in the ranking was held by the United States ($X), with a 25% share of total exports. It was followed by Paraguay, with a 1.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uruguay totaled +51.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+92.4% per year) and Paraguay (-5.3% per year).

Export Prices by Country

The average metal solid fuel appliances export price stood at $X per unit in 2022, reducing by -4.1% against the previous year. Overall, the export price, however, posted a significant increase. The most prominent rate of growth was recorded in 2014 an increase of 129%. The export price peaked at $X per unit in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Paraguay ($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 Uruguay (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Solid Fuel Domestic Appliances

Imports into Brazil

In 2022, imports of iron or steel solid fuel domestic appliances into Brazil surged to X units, with an increase of 65% on 2021. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 190% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, metal solid fuel appliances imports fell modestly to $X in 2022. Over the period under review, imports posted a measured expansion. The pace of growth appeared the most rapid in 2013 with an increase of 274% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Hong Kong SAR (X units) constituted the largest metal solid fuel appliances supplier to Brazil, accounting for a 48% share of total imports. Moreover, metal solid fuel appliances imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by Portugal (X units), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hong Kong SAR was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.1% per year) and Portugal (+55.4% per year).

In value terms, China ($X), Portugal ($X) and Italy ($X) constituted the largest metal solid fuel appliances suppliers to Brazil, together accounting for 67% of total imports.

In terms of the main suppliers, Portugal, with a CAGR of +53.7%, saw the highest rates of growth with regard to 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 solid fuel appliances import price stood at $X per unit in 2022, shrinking by -40.5% against the previous year. Overall, the import price showed a deep reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 142%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat 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 Italy ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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