Brazil: Market for Iron Or Steel Towers And Lattice Masts 2025

Market Size for Iron Or Steel Towers And Lattice Masts in Brazil

After three years of growth, the Brazilian iron or steel towers market decreased by -1.6% to $X in 2021. Overall, consumption recorded a relatively flat trend pattern. Iron or steel towers consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Iron Or Steel Towers And Lattice Masts in Brazil

In value terms, iron or steel towers production contracted to $X in 2021 estimated in export price. In general, production showed a slight descent. The pace of growth was the most pronounced in 2019 with an increase of 27% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Iron Or Steel Towers And Lattice Masts

Exports from Brazil

In 2021, approx. X tons of iron or steel towers and lattice masts were exported from Brazil; falling by -81.1% on 2020 figures. Over the period under review, exports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 352% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, iron or steel towers exports declined sharply to $X in 2021. Overall, exports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2019 with an increase of 244%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Bolivia (X tons), Angola (X tons) and Uruguay (X tons) were the main destinations of iron or steel towers exports from Brazil, together comprising 68% of total exports. These countries were followed by Costa Rica, Paraguay and the United States, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Costa Rica (with a CAGR of +125.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X), Costa Rica ($X) and Uruguay ($X) were the largest markets for iron or steel towers exported from Brazil worldwide, together accounting for 71% of total exports.

In terms of the main countries of destination, Costa Rica, with a CAGR of +135.4%, 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

The average iron or steel towers export price stood at $X per ton in 2021, jumping by 55% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, iron or steel towers export price increased by +104.1% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while the average price for exports to the United States ($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 Uruguay (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Towers And Lattice Masts

Imports into Brazil

Iron or steel towers imports into Brazil surged to X tons in 2021, rising by 1,225% compared with the year before. Overall, imports, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 7,279% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, iron or steel towers imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2018 with an increase of 6,247% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Argentina (X tons) constituted the largest iron or steel towers supplier to Brazil, with a 85% share of total imports. Moreover, iron or steel towers imports from Argentina exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Argentina totaled +188.5%.

In value terms, Argentina ($X) constituted the largest supplier of iron or steel towers and lattice masts to Brazil, comprising 82% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Argentina totaled +153.4%.

Import Prices by Country

The average iron or steel towers import price stood at $X per ton in 2021, declining by -56.7% against the previous year. Overall, the import price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2016 an increase of 152%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Argentina amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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