Brazil: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Brazil

The Brazilian positive displacement pump market surged to $X in 2021, jumping by 45% 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). Over the period under review, consumption continues to indicate a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Positive Displacement Pump Exports

Exports from Brazil

In 2021, approx. X units of positive displacement pumps and hand pumps were exported from Brazil; dropping by -3% against 2020 figures. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 139% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, positive displacement pump exports expanded notably to $X in 2021. In general, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +48.3% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 122%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X units), Paraguay (X units) and Bolivia (X units) were the main destinations of positive displacement pump exports from Brazil, together accounting for 60% of total exports. These countries were followed by Honduras, Portugal, Chile, Guatemala, Peru, Switzerland, Uruguay, the United States, Germany and the United Arab Emirates, which together accounted for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +113.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Paraguay ($X) and Chile ($X) appeared to be the largest markets for positive displacement pump exported from Brazil worldwide, with a combined 60% share of total exports. Bolivia, Peru, the United States, Portugal, Switzerland, Guatemala, Honduras, Uruguay, Germany and the United Arab Emirates lagged somewhat behind, together comprising a further 23%.

Switzerland, with a CAGR of +125.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average positive displacement pump export price stood at $X per unit in 2021, growing by 11% against the previous year. Overall, the export price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 66%. 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 country of destination: the country with the highest price was Chile ($X per unit), while the average price for exports to the United Arab Emirates ($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 Uruguay (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Positive Displacement Pump Imports

Imports into Brazil

In 2021, positive displacement pump imports into Brazil soared to X units, rising by 59% against the year before. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, positive displacement pump imports skyrocketed to $X in 2021. Overall, imports recorded a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of 35% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

India (X units), China (X units) and Germany (X units) were the main suppliers of positive displacement pump imports to Brazil, with a combined 68% share of total imports. These countries were followed by the United States, the Netherlands, Italy, Mexico, Turkey and Austria, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +98.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of positive displacement pumps and hand pumps to Brazil, comprising 43% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 17% share of total imports. It was followed by the United States, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+5.4% per year) and the United States (+3.8% per year).

Import Prices by Country

In 2021, the average positive displacement pump import price amounted to $X per unit, with a decrease of -23.8% against the previous year. In general, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2013 when the average import price increased by 26%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (-12.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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