Brazil: Prefabricated Buildings Market 2024

Prefabricated Buildings Market Size in Brazil

In 2022, the Brazilian prefabricated buildings market increased by 1.2% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption showed a prominent increase. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Prefabricated Buildings Production in Brazil

In value terms, prefabricated buildings production rose modestly to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2016 with an increase of 6.5% against the previous year. Prefabricated buildings production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Prefabricated Buildings Exports

Exports from Brazil

Prefabricated buildings exports from Brazil fell markedly to X units in 2022, which is down by -16.4% compared with 2021. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 167%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, prefabricated buildings exports rose markedly to $X in 2022. Over the period under review, exports faced a significant contraction. The pace of growth was the most pronounced in 2014 when exports increased by 241% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Uruguay (X units) was the main destination for prefabricated buildings exports from Brazil, accounting for a 30% share of total exports. Moreover, prefabricated buildings exports to Uruguay exceeded the volume sent to the second major destination, Colombia (X units), threefold. The third position in this ranking was taken by Germany (X units), with a 9.4% share.

From 2012 to 2022, the average annual growth rate of volume to Uruguay totaled +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+82.5% per year) and Germany (+114.0% per year).

In value terms, Uruguay ($X) remains the key foreign market for prefabricated buildings exports from Brazil, comprising 25% of total exports. The second position in the ranking was held by Germany ($X), with a 10% share of total exports. It was followed by Honduras, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value to Uruguay amounted to +6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+118.3% per year) and Honduras (-4.8% per year).

Export Prices by Country

In 2022, the average prefabricated buildings export price amounted to $X per unit, rising by 26% against the previous year. Overall, the export price, however, faced a deep slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 28% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Nigeria ($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 Paraguay (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Prefabricated Buildings Imports

Imports into Brazil

Prefabricated buildings imports into Brazil surged to X units in 2022, picking up by 122% against the year before. Over the period under review, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 256%. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, prefabricated buildings imports surged to $X in 2022. In general, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2019 with an increase of 197%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Finland (X units) constituted the largest supplier of prefabricated buildings to Brazil, with a 49% share of total imports. Moreover, prefabricated buildings imports from Finland exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Venezuela (X units) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume from Finland amounted to +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-30.0% per year) and Venezuela (+79.5% per year).

In value terms, Finland ($X) constituted the largest supplier of prefabricated buildings to Brazil, comprising 42% of total imports. The second position in the ranking was held by the United States ($X), with a 9.9% share of total imports. It was followed by Italy, with a 9.3% share.

From 2012 to 2022, the average annual growth rate of value from Finland stood at +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-13.9% per year) and Italy (-13.2% per year).

Import Prices by Country

In 2022, the average prefabricated buildings import price amounted to $X per unit, with a decrease of -18.4% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2019 when the average import price increased by 89%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained 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 ($X per unit), while the price for Venezuela ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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