Report Update Nov 1, 2024

Brazil - Machines for Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends and Insights

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Brazil: Market for Machines For Balancing Mechanical Parts 2024

Market Size for Machines For Balancing Mechanical Parts in Brazil

In 2021, the Brazilian balancing mechanical parts machine market was finally on the rise to reach $X after two years of decline. Over the period under review, the total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Machines For Balancing Mechanical Parts

Exports from Brazil

In 2021, shipments abroad of machines for balancing mechanical parts was finally on the rise to reach X units after two years of decline. Overall, exports continue to indicate a measured increase. The pace of growth appeared the most rapid in 2014 when exports increased by 507%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, balancing mechanical parts machine exports surged to $X in 2021. In general, exports enjoyed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), the United States (X units) and Chile (X units) were the main destinations of balancing mechanical parts machine exports from Brazil, together accounting for 85% of total exports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +139.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for machines for balancing mechanical parts exports from Brazil, comprising 63% of total exports. The second position in the ranking was taken by Germany ($X), with a 6.4% share of total exports. It was followed by Chile, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +16.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+353.0% per year) and Chile (+1.3% per year).

Export Prices by Country

In 2021, the average balancing mechanical parts machine export price amounted to $X per unit, increasing by 29% against the previous year. In general, the export price recorded measured growth. The pace of growth was the most pronounced in 2015 an increase of 289% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines For Balancing Mechanical Parts

Imports into Brazil

In 2021, after two years of decline, there was significant growth in overseas purchases of machines for balancing mechanical parts, when their volume increased by 97% to X units. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 101%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, balancing mechanical parts machine imports surged to $X in 2021. Over the period under review, imports, however, saw a mild reduction. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main balancing mechanical parts machine supplier to Brazil, accounting for a 93% share of total imports. Moreover, balancing mechanical parts machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +10.1%.

In value terms, the largest balancing mechanical parts machine suppliers to Brazil were China ($X) and Italy ($X).

In terms of the main suppliers, China, with a CAGR of +3.7%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the average balancing mechanical parts machine import price amounted to $X per unit, declining by -22.3% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 an increase of 11% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-5.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for balancing mechanical parts in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, together comprising 44% of global consumption. India, Japan, Russia, Thailand, Indonesia, Turkey, Mexico, Poland, Saudi Arabia and Italy lagged somewhat behind, together comprising a further 33%.

What are the largest producers of machines for balancing mechanical parts in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 40% of global production. These countries were followed by Italy, Germany, Japan, Russia, Thailand, Indonesia, Mexico, Turkey, Saudi Arabia and Democratic Republic of the Congo, which together accounted for a further 48%.

What are the leading suppliers of machines for balancing mechanical parts to Brazil?

In value terms, Italy, China and Germany constituted the largest balancing mechanical parts machine suppliers to Brazil, with a combined 73% share of total imports. These countries were followed by Turkey and Thailand, which together accounted for a further 4.7%.

What are the leading importers of machines for balancing mechanical parts from Brazil?

In value terms, Mexico, Norway and Portugal appeared to be the largest markets for balancing mechanical parts machine exported from Brazil worldwide, together accounting for 70% of total exports.

What is the average export price for machines for balancing mechanical parts in Brazil?

The average balancing mechanical parts machine export price stood at $2,774 per unit in 2021, rising by 9.5% against the previous year.

What is the average import price for machines for balancing mechanical parts in Brazil?

The average balancing mechanical parts machine import price stood at $4,496 per unit in 2021, shrinking by -29.5% against the previous year.

This report provides an in-depth analysis of the market for balancing mechanical parts machine in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28993970 - Machines for balancing mechanical parts

Country coverage:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023