Brazil: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Brazil

The Brazilian non-numerically controlled drilling machine market surged to $X in 2021, with an increase of 46% 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, consumption, however, recorded a noticeable shrinkage. Non-numerically controlled drilling machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports from Brazil

In 2021, shipments abroad of non-numerically controlled drilling machines for working metal was finally on the rise to reach X tons after two years of decline. In general, exports, however, continue to indicate a abrupt shrinkage. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, non-numerically controlled drilling machine exports soared to $X in 2021. Overall, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 222%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Peru (X tons) was the main destination for non-numerically controlled drilling machine exports from Brazil, accounting for a 88% share of total exports. Moreover, non-numerically controlled drilling machine exports to Peru exceeded the volume sent to the second major destination, Paraguay (X kg), more than tenfold. The third position in this ranking was taken by Argentina (X kg), with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume to Peru stood at +119.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-17.0% per year) and Argentina (-18.8% per year).

In value terms, Peru ($X) emerged as the key foreign market for non-numerically controlled drilling machines for working metal exports from Brazil, comprising 73% of total exports. The second position in the ranking was held by Cabo Verde ($X), with a 4.3% share of total exports. It was followed by Argentina, with a 4.3% share.

From 2012 to 2021, the average annual growth rate of value to Peru totaled +100.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (-26.9% per year) and Argentina (-17.3% per year).

Export Prices by Country

In 2021, the average non-numerically controlled drilling machine export price amounted to $X per ton, declining by -35.9% against the previous year. Overall, the export price saw a slight curtailment. The growth pace was the most rapid in 2020 an increase of 84%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Cabo Verde ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde (+203.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports into Brazil

In 2021, the amount of non-numerically controlled drilling machines for working metal imported into Brazil surged to X tons, with an increase of 39% on the previous year's figure. In general, imports, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 52%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, non-numerically controlled drilling machine imports surged to $X in 2021. Over the period under review, imports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 89%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main non-numerically controlled drilling machine supplier to Brazil, with a 94% share of total imports. Moreover, non-numerically controlled drilling machine imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -3.0%.

In value terms, China ($X) constituted the largest supplier of non-numerically controlled drilling machines for working metal to Brazil, comprising 83% of total imports. The second position in the ranking was taken by South Korea ($X), with a 12% share of total imports.

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

Import Prices by Country

In 2021, the average non-numerically controlled drilling machine import price amounted to $X per ton, picking up by 10% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 70%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.7%).

Source: IndexBox Platform

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