Brazil: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2025

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Brazil

The Brazilian non-electronic hydro- and hygrometers market skyrocketed to $X in 2021, picking up by 31% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern 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 Non-Electronic Hydro-, Hygro-, Psychrometers

Exports from Brazil

In 2021, shipments abroad of non-electronic hydro-, hygro-, psychrometers was finally on the rise to reach X units after two years of decline. Overall, exports, however, continue to indicate a slight shrinkage. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, non-electronic hydro- and hygrometers exports soared to $X in 2021. Over the period under review, exports, however, showed a mild downturn. The most prominent rate of growth was recorded in 2018 with an increase of 91% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Argentina (X units) was the main destination for non-electronic hydro- and hygrometers exports from Brazil, with a 58% share of total exports. Moreover, non-electronic hydro- and hygrometers exports to Argentina exceeded the volume sent to the second major destination, the United States (X units), eightfold. The third position in this ranking was taken by Italy (X units), with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume to Argentina amounted to +11.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+4.9% per year) and Italy (-22.5% per year).

In value terms, the largest markets for non-electronic hydro- and hygrometers exported from Brazil were the United States ($X), Argentina ($X) and Italy ($X), together accounting for 59% of total exports. These countries were followed by Chile, Paraguay, Peru, Colombia, Angola, Mexico and Bolivia, which together accounted for a further 18%.

In terms of the main countries of destination, Paraguay, with a CAGR of +14.1%, 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 non-electronic hydro- and hygrometers export price stood at $X per unit in 2021, reducing by -35.1% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 72% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Argentina ($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 Mexico (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports into Brazil

In 2021, the amount of non-electronic hydro-, hygro-, psychrometers imported into Brazil surged to X units, increasing by 52% compared with the year before. Overall, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-electronic hydro- and hygrometers imports skyrocketed to $X in 2021. In general, imports showed a modest increase. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest non-electronic hydro- and hygrometers supplier to Brazil, accounting for a 81% share of total imports. Moreover, non-electronic hydro- and hygrometers imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Hong Kong SAR (X units) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.2% per year) and Hong Kong SAR (-1.9% per year).

In value terms, China ($X), the United States ($X) and Germany ($X) were the largest non-electronic hydro- and hygrometers suppliers to Brazil, together comprising 59% of total imports.

China, with a CAGR of +12.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electronic hydro- and hygrometers import price stood at $X per unit in 2021, waning by -15.2% against the previous year. Overall, the import price showed a abrupt decrease. The growth pace was the most rapid in 2016 an increase of 8.9%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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