Brazil: Machinery For Packing Market 2024

Machinery For Packing Market Size in Brazil

The Brazilian machinery for packing market reached $X in 2022, increasing by 3.5% against the previous year. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Machinery for packing consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Machinery For Packing Production in Brazil

In value terms, machinery for packing production declined slightly to $X in 2022 estimated in export price. Overall, the total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.4% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 35%. Machinery for packing production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Machinery For Packing Exports

Exports from Brazil

In 2022, machinery for packing exports from Brazil amounted to X units, picking up by 13% against the previous year's figure. Overall, total exports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 48%. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, machinery for packing exports expanded remarkably to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Argentina (X units), Chile (X units) and the United States (X units) were the main destinations of machinery for packing exports from Brazil, together accounting for 42% of total exports. Mexico, Paraguay, Colombia, Panama, South Africa, the Dominican Republic, Ecuador, Malaysia, Peru and Angola lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +232.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for machinery for packing exported from Brazil were Argentina ($X), Chile ($X) and the United States ($X), together comprising 41% of total exports. Mexico, Colombia, Ecuador, Angola, Paraguay, the Dominican Republic, Peru, Malaysia, South Africa and Panama lagged somewhat behind, together accounting for a further 41%.

In terms of the main countries of destination, Malaysia, with a CAGR of +195.8%, 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

In 2022, the average machinery for packing export price amounted to $X per unit, reducing by -3% against the previous year. In general, the export price recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per unit), while the average price for exports to Panama ($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 Ecuador (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Machinery For Packing Imports

Imports into Brazil

In 2022, approx. X units of machinery for packing or wrapping were imported into Brazil; with an increase of 32% against the year before. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, machinery for packing imports soared to $X in 2022. In general, imports, however, showed a noticeable slump. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X units), China (X units) and Germany (X units) were the main suppliers of machinery for packing imports to Brazil, together comprising 53% of total imports. Austria, Turkey, Sweden, Spain and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +30.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest machinery for packing suppliers to Brazil were Italy ($X), Germany ($X) and Austria ($X), together comprising 50% of total imports. Spain, Sweden, China, Taiwan (Chinese) and Turkey lagged somewhat behind, together comprising a further 24%.

Turkey, with a CAGR of +28.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 machinery for packing import price amounted to $X per unit, surging by 6.4% against the previous year. Overall, the import price, however, saw a mild descent. The pace of growth was the most pronounced in 2020 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Turkey ($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) (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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