Brazil: Wood Tool Market 2025

Wood Tool Market Size in Brazil

The Brazilian wood tool market expanded significantly to $X in 2021, picking up by 5.5% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Wood Tool Production in Brazil

In value terms, wood tool production stood at $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 33%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Wood Tool Exports

Exports from Brazil

After two years of decline, overseas shipments of tools of wood increased by 13% to X tons in 2021. The total export volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by 22% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, wood tool exports soared to $X in 2021. Overall, exports, however, showed a slight slump. The growth pace was the most rapid in 2014 with an increase of 28%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Mexico (X tons) was the main destination for wood tool exports from Brazil, accounting for a 25% share of total exports. Moreover, wood tool exports to Mexico exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mexico totaled +12.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+14.4% per year) and the United States (-9.1% per year).

In value terms, the largest markets for wood tool exported from Brazil were Mexico ($X), the United States ($X) and the Netherlands ($X), together comprising 50% of total exports. Germany, Belgium, Italy, the UK, Canada, Israel, Morocco and France lagged somewhat behind, together comprising a further 42%.

Morocco, with a CAGR of +20.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wood tool export price stood at $X per ton in 2021, growing by 2.2% against the previous year. Overall, the export price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2014 an increase of 5% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Morocco ($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 Morocco (+1.5%), while the prices for the other major destinations experienced a decline.

Wood Tool Imports

Imports into Brazil

In 2021, overseas purchases of tools of wood increased by 104% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, faced a abrupt shrinkage. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, wood tool imports skyrocketed to $X in 2021. Overall, imports, however, showed a noticeable descent. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Bolivia (X tons), China (X tons) and Paraguay (X tons) were the main suppliers of wood tool imports to Brazil, with a combined 100% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bolivia (with a CAGR of 0.0%), while imports for the other leaders experienced a decline.

In value terms, Bolivia ($X), China ($X) and Paraguay ($X) constituted the largest wood tool suppliers to Brazil, together comprising 95% of total imports.

Bolivia, with a CAGR of 0.0%, 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 2021, the average wood tool import price amounted to $X per ton, jumping by 25% against the previous year. In general, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 an increase of 28% against the previous year. The import price peaked in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+16.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :