Brazil: Screwdriver Market 2024

Screwdriver Market Size in Brazil

The Brazilian screwdriver market rose rapidly to $X in 2021, picking up by 13% against the previous year. Over the period under review, consumption, however, showed a perceptible curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Screwdriver Production in Brazil

In value terms, screwdriver production totaled $X in 2021 estimated in export price. In general, production, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by 14%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Screwdriver Exports

Exports from Brazil

In 2021, the amount of screwdrivers exported from Brazil skyrocketed to X tons, picking up by 40% against the previous year. In general, exports, however, showed a pronounced decline. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, screwdriver exports surged to $X in 2021. Overall, exports, however, recorded a noticeable descent. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Paraguay (X tons) was the main destination for screwdriver exports from Brazil, with a 30% share of total exports. Moreover, screwdriver exports to Paraguay exceeded the volume sent to the second major destination, Uruguay (X tons), threefold. Bolivia (X tons) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume to Paraguay amounted to -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-10.0% per year) and Bolivia (-2.4% per year).

In value terms, Paraguay ($X) remains the key foreign market for screwdrivers exports from Brazil, comprising 33% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 9.8% share of total exports. It was followed by Argentina, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Paraguay amounted to -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-6.5% per year) and Argentina (-4.8% per year).

Export Prices by Country

In 2021, the average screwdriver export price amounted to $X per ton, flattening at the previous year. In general, the export price saw a slight reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 10% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Cuba ($X per ton), while the average price for exports to Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Screwdriver Imports

Imports into Brazil

In 2021, the amount of screwdrivers imported into Brazil soared to X tons, increasing by 25% on the year before. Over the period under review, imports, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 30% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, screwdriver imports soared to $X in 2021. In general, imports, however, saw a slight setback. The most prominent rate of growth was recorded in 2017 with an increase of 30% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of screwdriver to Brazil, with a 92% share of total imports. It was followed by Hong Kong SAR (X tons), with a 3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-4.0% per year) and Taiwan (Chinese) (-11.0% per year).

In value terms, China ($X) constituted the largest supplier of screwdrivers to Brazil, comprising 84% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 3.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-15.2% per year) and Hong Kong SAR (-0.0% per year).

Import Prices by Country

The average screwdriver import price stood at $X per ton in 2021, picking up by 3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 17%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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