Brazil: Pump For Liquid Market 2024

Pump For Liquid Market Size in Brazil

The Brazilian pump for liquid market rose rapidly to $X in 2021, with an increase of 10% against the previous year. Overall, consumption, however, recorded a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Pump For Liquid Production in Brazil

In value terms, pump for liquid production rose to $X in 2021 estimated in export price. Over the period under review, production recorded a deep setback. Pump for liquid production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Pump For Liquid Exports

Exports from Brazil

In 2021, overseas shipments of pumps for liquids and liquid elevators were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pump for liquid exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a pronounced reduction. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X units) was the main destination for pump for liquid exports from Brazil, with a 33% share of total exports. Moreover, pump for liquid exports to Mexico exceeded the volume sent to the second major destination, the United Arab Emirates (X units), fourfold. The third position in this ranking was taken by Argentina (X units), with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume to Mexico totaled +24.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+22.9% per year) and Argentina (-9.0% per year).

In value terms, China ($X) emerged as the key foreign market for pumps for liquids and liquid elevators exports from Brazil, comprising 24% of total exports. The second position in the ranking was held by Argentina ($X), with a 10% share of total exports. It was followed by Mexico, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +52.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-7.4% per year) and Mexico (+3.9% per year).

Export Prices by Country

In 2021, the average pump for liquid export price amounted to $X per unit, waning by -10.3% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the Czech Republic ($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 China (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Pump For Liquid Imports

Imports into Brazil

In 2021, imports of pumps for liquids and liquid elevators into Brazil skyrocketed to X units, picking up by 47% against the previous year. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +117.0% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pump for liquid imports soared to $X in 2021. Overall, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), India (X units) and the United States (X units) were the main suppliers of pump for liquid imports to Brazil, with a combined 70% share of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +19.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Germany ($X) appeared to be the largest pump for liquid suppliers to Brazil, with a combined 58% share of total imports. These countries were followed by Italy, Mexico, Thailand, India, the Netherlands, South Korea, Argentina, Turkey, Spain and Taiwan (Chinese), which together accounted for a further 21%.

Turkey, with a CAGR of +9.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pump for liquid import price stood at $X per unit in 2021, leveling off at the previous year. In general, the import price, however, showed a deep downturn. The growth pace was the most rapid in 2019 an increase of 8%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform