Brazil: Outboard Boat Motors Market 2024

Outboard Boat Motors Market Size in Brazil

The Brazilian outboard boat motors market was estimated at $X in 2022, approximately reflecting the previous year. In general, consumption, however, recorded a mild contraction. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Outboard Boat Motors Production in Brazil

In value terms, outboard boat motors production declined slightly to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Outboard Boat Motors Exports

Exports from Brazil

In 2022, approx. X units of outboard motors for marine propulsion were exported from Brazil; which is down by X% against the previous year. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, outboard boat motors exports reduced markedly to $X in 2022. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X units), Greece (X units) and Guyana (X units) were the main destinations of outboard boat motors exports from Brazil, with a combined X% share of total exports.

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

In value terms, Paraguay ($X), Guyana ($X) and Greece ($X) appeared to be the largest markets for outboard boat motors exported from Brazil worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Greece, with a CAGR of X%, 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 outboard boat motors export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Guyana ($X per unit), while the average price for exports to Greece ($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 Greece (X%), while the prices for the other major destinations experienced more modest paces of growth.

Outboard Boat Motors Imports

Imports into Brazil

For the third year in a row, Brazil recorded growth in purchases abroad of outboard motors for marine propulsion, which increased by X% to X units in 2022. Over the period under review, imports showed a modest expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, outboard boat motors imports surged to $X in 2022. In general, imports, however, continue to indicate a slight setback. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Japan (X units), China (X units) and the United States (X units) were the main suppliers of outboard boat motors imports to Brazil, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest outboard boat motors suppliers to Brazil were Japan ($X), the United States ($X) and China ($X), with a combined X% share of total imports.

Among the main suppliers, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average outboard boat motors import price stood at $X per unit in 2022, increasing by X% against the previous year. In general, the import price, however, recorded a pronounced setback. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($X per unit), while the price for China ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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