Brazil: Data Storage Device Market 2024

Data Storage Device Market Size in Brazil

In 2022, the Brazilian data storage device market was finally on the rise to reach $X after three years of decline. Overall, consumption, however, continues to indicate a deep setback. Data storage device consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Data Storage Device Production in Brazil

In value terms, data storage device production declined modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt setback. The growth pace was the most rapid in 2014 with an increase of 16%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Data Storage Device Exports

Exports from Brazil

In 2022, data storage device exports from Brazil skyrocketed to X units, picking up by 153% on the year before. Overall, exports, however, saw a deep reduction. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, data storage device exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Singapore (X units) and China (X units) were the main destinations of data storage device exports from Brazil, together comprising 47% of total exports. Thailand, Malaysia, Vietnam, South Korea, Ireland, the Netherlands and Hong Kong SAR lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +36.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for data storage devices exports from Brazil, comprising 34% of total exports. The second position in the ranking was taken by China ($X), with an 8.3% share of total exports. It was followed by Vietnam, with a 6.9% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at -7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-11.8% per year) and Vietnam (+68.2% per year).

Export Prices by Country

The average data storage device export price stood at $X per unit in 2022, which is down by -35.6% against the previous year. Overall, the export price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2016 an increase of 64% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per unit), while the average price for exports to Thailand ($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 Vietnam (+31.4%), while the prices for the other major destinations experienced more modest paces of growth.

Data Storage Device Imports

Imports into Brazil

In 2022, supplies from abroad of data storage devices was finally on the rise to reach X units for the first time since 2012, thus ending a nine-year declining trend. In general, imports, however, saw a deep contraction. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, data storage device imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a deep reduction. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Thailand (X units) were the main suppliers of data storage device imports to Brazil, together accounting for 75% of total imports. Malaysia, the Philippines, South Korea, Mexico and the United States lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +16.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest data storage device suppliers to Brazil were China ($X), Thailand ($X) and Taiwan (Chinese) ($X), together comprising 62% of total imports.

Taiwan (Chinese), with a CAGR of +6.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average data storage device import price amounted to $X per unit, dropping by -3.7% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, data storage device import price increased by +86.8% against 2013 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 20% against the previous year. The import price peaked at $X per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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