Brazil: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in Brazil

After two years of decline, the Brazilian metal sawing machine market increased by 38% to $X in 2021. In general, consumption, however, recorded a deep slump. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Metal Sawing Machine Exports

Exports from Brazil

Metal sawing machine exports from Brazil shrank significantly to X units in 2021, dropping by -40.3% against the previous year's figure. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 91% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, metal sawing machine exports fell notably to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 99% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Paraguay (X units) was the main destination for metal sawing machine exports from Brazil, with a 52% share of total exports. Moreover, metal sawing machine exports to Paraguay exceeded the volume sent to the second major destination, Bolivia (X units), threefold. The third position in this ranking was held by the United States (X units), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Paraguay was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+13.8% per year) and the United States (+17.4% per year).

In value terms, Mexico ($X) emerged as the key foreign market for sawing or cutting-off machines for working metal exports from Brazil, comprising 39% of total exports. The second position in the ranking was taken by the United States ($X), with a 12% share of total exports. It was followed by Paraguay, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Mexico totaled +68.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+16.0% per year) and Paraguay (-2.4% per year).

Export Prices by Country

The average metal sawing machine export price stood at $X per unit in 2021, rising by 33% against the previous year. Overall, the export price continues to indicate strong growth. The growth pace was the most rapid in 2015 when the average export price increased by 71% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Mexico ($X per unit), while the average price for exports to Uruguay ($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 Mexico (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Sawing Machine Imports

Imports into Brazil

In 2021, overseas purchases of sawing or cutting-off machines for working metal were finally on the rise to reach X units after three years of decline. Over the period under review, imports, however, showed a pronounced decline. The pace of growth appeared the most rapid in 2013 with an increase of 48% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, metal sawing machine imports soared to $X in 2021. Overall, imports, however, showed a abrupt slump. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest metal sawing machine supplier to Brazil, accounting for a 52% share of total imports. Moreover, metal sawing machine imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), twofold. India (X units) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-12.2% per year) and India (+55.2% per year).

In value terms, China ($X), Taiwan (Chinese) ($X) and Italy ($X) appeared to be the largest metal sawing machine suppliers to Brazil, together comprising 82% of total imports. India, South Korea, Germany, Turkey, the United States, France and Japan lagged somewhat behind, together accounting for a further 16%.

In terms of the main suppliers, India, with a CAGR of +47.6%, 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

In 2021, the average metal sawing machine import price amounted to $X per unit, declining by -3.6% against the previous year. In general, the import price saw a perceptible descent. The pace of growth appeared the most rapid in 2019 an increase of 32%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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