Brazil: Air Conditioning Machine Market 2024

Air Conditioning Machine Market Size in Brazil

In 2022, the Brazilian air conditioning machine market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, recorded a perceptible setback. Air conditioning machine consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Air Conditioning Machine Exports

Exports from Brazil

In 2022, shipments abroad of non-window or wall air conditioning machines increased by 18% to X units, rising for the second year in a row after three years of decline. In general, exports, however, showed a abrupt curtailment. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, air conditioning machine exports rose remarkably to $X in 2022. Over the period under review, exports, however, faced a deep setback. The most prominent rate of growth was recorded in 2017 when exports increased by 42% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X units), Argentina (X units) and Chile (X units) were the main destinations of air conditioning machine exports from Brazil, together accounting for 46% of total exports. Ecuador, Mexico, the United States, Colombia and Peru lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +36.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for air conditioning machine exported from Brazil were the United States ($X), Chile ($X) and Argentina ($X), together comprising 50% of total exports. Paraguay, Mexico, Ecuador, Colombia and Peru lagged somewhat behind, together accounting for a further 34%.

In terms of the main countries of destination, Ecuador, with a CAGR of +9.7%, saw 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

In 2022, the average air conditioning machine export price amounted to $X per unit, declining by -9.2% against the previous year. Overall, the export price saw a noticeable slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 23% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Paraguay ($X per unit) 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 (+3.8%), while the prices for the other major destinations experienced a decline.

Air Conditioning Machine Imports

Imports into Brazil

In 2022, after two years of decline, there was significant growth in supplies from abroad of non-window or wall air conditioning machines, when their volume increased by 60% to X units. Over the period under review, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 70%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, air conditioning machine imports skyrocketed to $X in 2022. In general, imports, however, showed a pronounced contraction. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest air conditioning machine supplier to Brazil, accounting for a 64% share of total imports. Moreover, air conditioning machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. The third position in this ranking was held by Slovakia (X units), with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+13.4% per year) and Slovakia (+26.3% per year).

In value terms, China ($X) constituted the largest supplier of non-window or wall air conditioning machines to Brazil, comprising 36% of total imports. The second position in the ranking was held by the United States ($X), with an 18% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.0% per year) and Germany (+16.1% per year).

Import Prices by Country

The average air conditioning machine import price stood at $X per unit in 2022, picking up by 19% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 84% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform