Brazil: Moulds For Metal Market 2024

Moulds For Metal Market Size in Brazil

The Brazilian moulds for metal market dropped to $X in 2022, declining by -12.8% against the previous year. Overall, consumption, however, enjoyed a buoyant increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Moulds For Metal Production in Brazil

In value terms, moulds for metal production dropped to $X in 2022 estimated in export price. In general, production, however, saw strong growth. The growth pace was the most rapid in 2017 with an increase of 44% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Moulds For Metal Exports

Exports from Brazil

In 2022, shipments abroad of moulds for metals was finally on the rise to reach X tons after two years of decline. Overall, total exports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 55%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, moulds for metal exports rose remarkably to $X in 2022. Over the period under review, exports showed measured growth. The pace of growth appeared the most rapid in 2017 when exports increased by 108%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X tons), the United States (X tons) and Argentina (X tons) were the main destinations of moulds for metal exports from Brazil, with a combined 75% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +51.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Argentina ($X) and the United States ($X) appeared to be the largest markets for moulds for metal exported from Brazil worldwide, with a combined 82% share of total exports.

Among the main countries of destination, Mexico, with a CAGR of +30.3%, recorded the highest rates of growth with regard to 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

The average moulds for metal export price stood at $X per ton in 2022, with a decrease of -12.7% against the previous year. In general, the export price, however, showed a tangible increase. The pace of growth was the most pronounced in 2015 an increase of 75%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Moulds For Metal Imports

Imports into Brazil

In 2022, the amount of moulds for metals imported into Brazil declined notably to X tons, waning by -57.1% against the previous year's figure. In general, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 149% against the previous year. As a result, imports attained the peak of X tons, and then declined sharply in the following year.

In value terms, moulds for metal imports fell dramatically to $X in 2022. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 54% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of moulds for metal to Brazil, with a 60% share of total imports. Moreover, moulds for metal imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-7.7% per year) and Italy (-8.1% per year).

In value terms, China ($X) constituted the largest supplier of moulds for metals to Brazil, comprising 43% of total imports. The second position in the ranking was taken by South Korea ($X), with a 19% share of total imports. It was followed by Japan, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-6.4% per year) and Japan (-10.6% per year).

Import Prices by Country

The average moulds for metal import price stood at $X per ton in 2022, with an increase of 69% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform