Brazil: Thermoforming Machine Market 2025

Thermoforming Machine Market Size in Brazil

In 2021, the Brazilian thermoforming machine market increased by 85% to $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Thermoforming Machine Production in Brazil

In value terms, thermoforming machine production rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by 42%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Thermoforming Machine Exports

Exports from Brazil

In 2021, after two years of decline, there was significant growth in overseas shipments of thermoforming machines for working rubber or plastics, when their volume increased by 124% to X units. In general, exports showed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, thermoforming machine exports skyrocketed to $X in 2021. Overall, exports, however, saw a deep reduction. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X units), Italy (X units) and Paraguay (X units) were the main destinations of thermoforming machine exports from Brazil, with a combined 31% share of total exports. These countries were followed by China, Peru, Australia, Chile, the United States, Colombia, Taiwan (Chinese), Russia, Bolivia and Spain, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +142.5%), while the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Mexico ($X) and Paraguay ($X) appeared to be the largest markets for thermoforming machine exported from Brazil worldwide, together accounting for 30% of total exports. Italy, China, Australia, the United States, Chile, Colombia, Taiwan (Chinese), Bolivia, Russia and Spain lagged somewhat behind, together accounting for a further 34%.

Among the main countries of destination, China, with a CAGR of +105.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average thermoforming machine export price stood at $X per unit in 2021, falling by -19.4% against the previous year. Overall, the export price saw a precipitous setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 41% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to Colombia ($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 Italy (-5.2%), while the prices for the other major destinations experienced a decline.

Thermoforming Machine Imports

Imports into Brazil

Thermoforming machine imports into Brazil declined significantly to X units in 2021, shrinking by -34% on the previous year's figure. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 295%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, thermoforming machine imports amounted to $X in 2021. In general, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 248%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Hong Kong SAR (X units) and Germany (X units) were the main suppliers of thermoforming machine imports to Brazil, together accounting for 94% of total imports.

From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +76.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of thermoforming machines for working rubber or plastics to Brazil, comprising 29% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by Hong Kong SAR, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-14.9% per year) and Hong Kong SAR (+113.5% per year).

Import Prices by Country

In 2021, the average thermoforming machine import price amounted to $X per unit, rising by 73% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2013 an increase of 373% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

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 the United States ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+46.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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