Brazil: Seeder And Planter Market 2024

Seeder And Planter Market Size in Brazil

The Brazilian seeder and planter market amounted to $X in 2021, stabilizing at the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Seeder and planter consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Seeder And Planter Production in Brazil

In value terms, seeder and planter production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by 26%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Seeder And Planter Exports

Exports from Brazil

In 2016, shipments abroad of seeders, planters, transplanters decreased by -30.9% to X units, falling for the second consecutive year after three years of growth. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 28%. The exports peaked at X units in 2014; however, from 2015 to 2016, the exports failed to regain momentum.

In value terms, seeder and planter exports shrank notably to $X in 2016. Over the period under review, exports recorded a dramatic decline. The pace of growth was the most pronounced in 2013 with an increase of 23%. The exports peaked at $X in 2014; however, from 2015 to 2016, the exports failed to regain momentum.

Exports by Country

Paraguay (X units) was the main destination for seeder and planter exports from Brazil, accounting for a 40% share of total exports. Moreover, seeder and planter exports to Paraguay exceeded the volume sent to the second major destination, Bolivia (X units), fourfold. South Africa (X units) ranked third in terms of total exports with a 7.4% share.

From 2012 to 2016, the average annual growth rate of volume to Paraguay totaled -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-13.9% per year) and South Africa (-24.3% per year).

In value terms, Paraguay ($X) remains the key foreign market for seeders, planters, transplanters exports from Brazil, comprising 37% of total exports. The second position in the ranking was held by South Africa ($X), with an 8.7% share of total exports. It was followed by Bolivia, with an 8.2% share.

From 2012 to 2016, the average annual rate of growth in terms of value to Paraguay totaled -10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-25.1% per year) and Bolivia (-24.4% per year).

Export Prices by Country

The average seeder and planter export price stood at $X per unit in 2016, waning by -14.8% against the previous year. In general, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2014 when the average export price decreased by -2.8%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2016, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2016, amid the top suppliers, the country with the highest price was Ghana ($X per unit), while the average price for exports to Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-1.1%), while the prices for the other major destinations experienced a decline.

Seeder And Planter Imports

Imports into Brazil

In 2016, approx. X units of seeders, planters, transplanters were imported into Brazil; dropping by -39.9% compared with 2015. Overall, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 12%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2016, imports failed to regain momentum.

In value terms, seeder and planter imports fell markedly to $X in 2016. In general, imports saw a sharp decline. The smallest decline of -4.6% was in 2015. Imports peaked at $X in 2012; however, from 2013 to 2016, imports failed to regain momentum.

Imports by Country

Argentina (X units), Italy (X units) and the United States (X units) were the main suppliers of seeder and planter imports to Brazil, with a combined 77% share of total imports.

From 2012 to 2016, the biggest increases were recorded for Italy (with a CAGR of +39.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest seeder and planter suppliers to Brazil were the United States ($X), Italy ($X) and the Netherlands ($X), together accounting for 75% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +49.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average seeder and planter import price stood at $X per unit in 2016, jumping by 40% against the previous year. Over the period under review, the import price enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 an increase of 56%. The import price peaked in 2016 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the Netherlands (+56.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :