Brazil: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2024

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in Brazil

The Brazilian market for machine-tools for working stone, ceramics, and concrete totaled $X in 2022, growing by 10% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in Brazil

In value terms, machine tools for working stone production stood at $X in 2022 estimated in export price. In general, production posted a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 190% against the previous year. Machine tools for working stone production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports from Brazil

In 2022, overseas shipments of machine-tools for working stone, ceramics, and concrete increased by 9.3% to X units, rising for the second consecutive year after two years of decline. In general, exports enjoyed a buoyant increase. The growth pace was the most rapid in 2015 with an increase of 91% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, machine tools for working stone exports surged to $X in 2022. Overall, exports saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X units) was the main destination for machine tools for working stone exports from Brazil, with a 30% share of total exports. Moreover, machine tools for working stone exports to the United States exceeded the volume sent to the second major destination, Colombia (X units), twofold. The third position in this ranking was taken by Peru (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +50.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+38.6% per year) and Peru (+17.0% per year).

In value terms, the United States ($X) remains the key foreign market for machine-tools for working stone, ceramics, and concrete exports from Brazil, comprising 42% of total exports. The second position in the ranking was held by Paraguay ($X), with a 10% share of total exports. It was followed by Peru, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +57.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+14.2% per year) and Peru (+8.3% per year).

Export Prices by Country

The average export price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2022, with an increase of 16% against the previous year. Over the period under review, the export price, however, saw a pronounced slump. The pace of growth appeared the most rapid in 2016 an increase of 45% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood 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 India ($X per unit), while the average price for exports to Colombia ($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 India (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports into Brazil

In 2022, the amount of machine-tools for working stone, ceramics, and concrete imported into Brazil dropped to X units, leveling off at the previous year's figure. In general, imports, however, enjoyed mild growth. The growth pace was the most rapid in 2021 when imports increased by 165%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, machine tools for working stone imports expanded rapidly to $X in 2022. Over the period under review, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest machine tools for working stone supplier to Brazil, with a 80% share of total imports. Moreover, machine tools for working stone imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), eightfold. Germany (X units) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-15.4% per year) and Germany (+12.4% per year).

In value terms, the largest machine tools for working stone suppliers to Brazil were China ($X), France ($X) and Italy ($X), together accounting for 78% of total imports.

In terms of the main suppliers, China, with a CAGR of +13.9%, recorded 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

In 2022, the average import price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, increasing by 15% against the previous year. In general, the import price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2019 an increase of 40%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices failed to regain momentum.

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 France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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