Brazil: Market for Machines For The Manufacture Of Flat Panel Displays 2022

Market Size for Machines For The Manufacture Of Flat Panel Displays in Brazil

For the fifth consecutive year, the Brazilian panel display manufacturing machine market recorded decline in sales value, which decreased by -62.6% to $X in 2021. Over the period under review, consumption faced a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Machines For The Manufacture Of Flat Panel Displays

Exports from Brazil

In 2021, overseas shipments of machines for the manufacture of flat panel displays increased by 100% to X units, rising for the second year in a row after six years of decline. Overall, exports, however, recorded a pronounced contraction. The growth pace was the most rapid in 2013 with an increase of 129% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, panel display manufacturing machine exports surged to $X in 2021. In general, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 61,600%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Ecuador (X units) and China (X units) were the main destinations of panel display manufacturing machine exports from Brazil.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ecuador (with a CAGR of +4.3%).

In value terms, China ($X) emerged as the key foreign market for panel display manufacturing machine exports from Brazil, comprising 99% of total exports. The second position in the ranking was held by Ecuador ($X), with a 1.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

In 2021, the average panel display manufacturing machine export price amounted to $X per unit, remaining stable against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 an increase of 78% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Ecuador totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.6%).

Imports of Machines For The Manufacture Of Flat Panel Displays

Imports into Brazil

In 2021, purchases abroad of machines for the manufacture of flat panel displays decreased by -48.6% to X units, falling for the fifth year in a row after three years of growth. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 201%. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, panel display manufacturing machine imports reduced rapidly to $X in 2021. In general, imports showed a deep reduction. The pace of growth was the most pronounced in 2015 when imports increased by 73%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest panel display manufacturing machine supplier to Brazil, accounting for a 64% share of total imports. Moreover, panel display manufacturing machine imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), threefold. The third position in this ranking was taken by South Korea (X units), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (0.0% per year) and South Korea (-24.6% per year).

In value terms, South Korea ($X) constituted the largest supplier of panel display manufacturing machine to Brazil, comprising 80% of total imports. The second position in the ranking was held by the United States ($X), with a 19% share of total imports. It was followed by Malaysia, with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from South Korea amounted to -11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (0.0% per year) and Malaysia (0.0% per year).

Import Prices by Country

The average panel display manufacturing machine import price stood at $X per unit in 2021, stabilizing at the previous year. In general, the import price saw a pronounced decrease. The pace of growth appeared the most rapid in 2020 when the average import price increased by 90% 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 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+18.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :