Brazil: Vacuum Pump Market 2024

Vacuum Pump Market Size in Brazil

The Brazilian vacuum pump market fell slightly to $X in 2022, remaining constant against the previous year. Overall, consumption recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 5.8%. Vacuum pump consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Vacuum Pump Production in Brazil

In value terms, vacuum pump production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 3.9%. Vacuum pump production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Vacuum Pump Exports

Exports from Brazil

In 2022, shipments abroad of vacuum pumps increased by 18% to X units, rising for the fifth year in a row after three years of decline. Overall, total exports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +115.3% against 2017 indices. The pace of growth appeared the most rapid in 2014 with an increase of 66% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, vacuum pump exports dropped to $X in 2022. In general, exports, however, continue to indicate a slight setback. The most prominent rate of growth was recorded in 2018 with an increase of 43% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X units), China (X units) and the United States (X units) were the main destinations of vacuum pump exports from Brazil, with a combined 56% share of total exports. Paraguay, Colombia, Ecuador, Germany, Peru, Mexico, Chile, Uruguay and Bolivia lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of +30.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for vacuum pumps exports from Brazil, comprising 43% of total exports. The second position in the ranking was taken by Germany ($X), with a 10% share of total exports. It was followed by China, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-5.2% per year) and China (+6.7% per year).

Export Prices by Country

The average vacuum pump export price stood at $X per unit in 2022, waning by -24.5% against the previous year. In general, the export price saw a perceptible curtailment. The pace of growth was the most pronounced in 2017 an increase of 76%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 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 the United States ($X per unit), while the average price for exports to Paraguay ($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 Mexico (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Vacuum Pump Imports

Imports into Brazil

In 2022, imports of vacuum pumps into Brazil expanded modestly to X units, surging by 4.8% against the previous year. In general, imports showed a resilient increase. The growth pace was the most rapid in 2018 when imports increased by 81% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, vacuum pump imports surged to $X in 2022. Overall, imports showed a noticeable expansion. The pace of growth was the most pronounced in 2021 with an increase of 51%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest vacuum pump supplier to Brazil, accounting for a 74% share of total imports. Moreover, vacuum pump imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold. The third position in this ranking was taken by Italy (X units), with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.5% per year) and Italy (+29.3% per year).

In value terms, China ($X), Italy ($X) and Germany ($X) constituted the largest vacuum pump suppliers to Brazil, together accounting for 62% of total imports. Mexico and India lagged somewhat behind, together comprising a further 3.5%.

Among the main suppliers, Mexico, with a CAGR of +39.9%, saw the highest growth rate of 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 vacuum pump import price stood at $X per unit in 2022, jumping by 23% against the previous year. Over the period under review, the import price, however, showed a deep setback. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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