Brazil: Market for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases 2025

Market Size for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in Brazil

The Brazilian market for non-electronic instruments for measuring or checking variables of liquids or gases surged to $X in 2021, rising by 53% 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). Overall, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -3.6% against 2019 indices. Non-electronic liquid or gas measurer consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Exports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Exports from Brazil

In 2021, approx. X units of non-electronic instruments for measuring or checking variables of liquids or gases were exported from Brazil; with a decrease of -59.9% against the previous year. Over the period under review, exports, however, recorded strong growth. The growth pace was the most rapid in 2020 when exports increased by 286%. As a result, the exports reached the peak of X units, and then declined dramatically in the following year.

In value terms, non-electronic liquid or gas measurer exports surged to $X in 2021. Overall, exports, however, posted a resilient expansion. The growth pace was the most rapid in 2018 when exports increased by 102%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X units) was the main destination for non-electronic liquid or gas measurer exports from Brazil, with a 45% share of total exports. Moreover, non-electronic liquid or gas measurer exports to Argentina exceeded the volume sent to the second major destination, Chile (X units), threefold. The third position in this ranking was taken by Mexico (X units), with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina amounted to +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+4.2% per year) and Mexico (+19.5% per year).

In value terms, Argentina ($X), Chile ($X) and Colombia ($X) constituted the largest markets for non-electronic liquid or gas measurer exported from Brazil worldwide, together accounting for 83% of total exports.

In terms of the main countries of destination, Colombia, with a CAGR of +58.1%, saw the highest growth rate of 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

In 2021, the average export price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, with an increase of 266% against the previous year. In general, the export price enjoyed resilient growth. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Chile ($X per unit), while the average price for exports to Paraguay ($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 Portugal (+67.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Imports into Brazil

In 2021, the amount of non-electronic instruments for measuring or checking variables of liquids or gases imported into Brazil soared to X units, rising by 49% compared with 2020 figures. In general, total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -20.5% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 51%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, non-electronic liquid or gas measurer imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X units), China (X units) and Germany (X units) were the main suppliers of non-electronic liquid or gas measurer imports to Brazil, with a combined 70% share of total imports. Japan, Italy, Vietnam, France and Mexico lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +279.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electronic liquid or gas measurer suppliers to Brazil were the United States ($X), Germany ($X) and China ($X), with a combined 60% share of total imports. Mexico, Japan, Italy, France and Vietnam lagged somewhat behind, together comprising a further 16%.

In terms of the main suppliers, Vietnam, with a CAGR of +135.9%, saw the highest rates of growth with regard to 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

In 2021, the average import price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, waning by -1.5% against the previous year. In general, the import price continues to indicate a mild decline. The growth pace was the most rapid in 2020 when the average import price increased by 37%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Mexico ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+16.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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