Brazil: Market for Machines For Balancing Mechanical Parts 2025

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

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