Brazil: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Brazil

In 2021, the Brazilian electronic lamp machine market decreased by -4.5% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +70.2% against 2016 indices. Over the period under review, the market hit record highs at $X in 2020, and then dropped modestly in the following year.

Electronic Lamp Machine Production in Brazil

In value terms, electronic lamp machine production dropped to $X in 2021 estimated in export price. Over the period under review, the total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +52.0% against 2016 indices. The growth pace was the most rapid in 2019 with an increase of 32%. Over the period under review, production attained the maximum level at $X in 2020, and then reduced in the following year.

Electronic Lamp Machine Exports

Exports from Brazil

Electronic lamp machine exports from Brazil totaled X units in 2021, approximately equating the year before. Over the period under review, exports recorded a sharp setback. The pace of growth appeared the most rapid in 2018 with an increase of 35% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, electronic lamp machine exports declined notably to $X in 2021. Overall, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2016 with an increase of 188,541% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

From 2012 to 2021, the average annual growth rate of volume to No country was relatively modest.

In value terms, India ($X) remains the key foreign market for electronic lamp machine exports from Brazil, comprising 88% of total exports. The second position in the ranking was taken by Guyana ($X), with a 10% share of total exports. It was followed by Paraguay, with a 0.7% share.

From 2012 to 2021, the average annual growth rate of value to India amounted to -22.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guyana (-32.4% per year) and Paraguay (-48.1% per year).

Export Prices by Country

The average electronic lamp machine export price stood at $X per unit in 2021, reducing by -38.2% against the previous year. In general, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 98% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was India ($X per unit), while the average price for exports to Paraguay ($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 India (-3.1%), while the prices for the other major destinations experienced a decline.

Electronic Lamp Machine Imports

Imports into Brazil

In 2021, after two years of decline, there was significant growth in supplies from abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs, when their volume increased by 71% to X units. Over the period under review, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of 150% against the previous year. Over the period under review, imports reached the maximum at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, electronic lamp machine imports skyrocketed to $X in 2021. Overall, imports continue to indicate a resilient expansion. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Taiwan (Chinese) (X units) constituted the largest supplier of electronic lamp machine to Brazil, accounting for a 76% share of total imports. Moreover, electronic lamp machine imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, the UK (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume from Taiwan (Chinese) totaled +41.0%.

In value terms, Taiwan (Chinese) ($X), the UK ($X) and Germany ($X) appeared to be the largest electronic lamp machine suppliers to Brazil, with a combined 83% share of total imports.

Among the main suppliers, the UK, with a CAGR of +123.4%, 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

The average electronic lamp machine import price stood at $X per unit in 2021, increasing by 54% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 71%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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