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Brazil - Base Metal Coated Electrodes For Electric Arc-Welding - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCoated Arc-Welding Electrode Price in Brazil - 2023
Contents:
- Coated Arc-Welding Electrode Price in Brazil (FOB) - 2023
- Coated Arc-Welding Electrode Price in Brazil (CIF) - 2022
- Coated Arc-Welding Electrode Exports in Brazil
- Coated Arc-Welding Electrode Imports in Brazil
Coated Arc-Welding Electrode Price in Brazil (FOB) - 2023
In August 2023, the average coated arc-welding electrode export price amounted to $2,794 per ton, growing by 6.2% against the previous month. Over the period under review, the export price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in November 2022 an increase of 29% m-o-m. As a result, the export price attained the peak level of $3,594 per ton. From December 2022 to August 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Argentina ($6,148 per ton), while the average price for exports to Bolivia ($2,385 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.
Coated Arc-Welding Electrode Price in Brazil (CIF) - 2022
In 2022, the average coated arc-welding electrode import price amounted to $1,659 per ton, growing by 21% against the previous year. Overall, the import price, however, saw a slight descent. The most prominent rate of growth was recorded in 2018 an increase of 27%. The import price peaked at $2,236 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,669 per ton), while the price for China ($1,165 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced a decline.
Coated Arc-Welding Electrode Exports in Brazil
In 2022, after three years of growth, there was significant decline in shipments abroad of coated base metal electrodes for electric arc-welding, when their volume decreased by -17% to 5.1K tons. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, the exports reached the peak of 6.2K tons, and then dropped dramatically in the following year.
In value terms, coated arc-welding electrode exports reached $15M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.
Export of Coated Arc-Welding Electrode in Brazil (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 2.4 | 2.8 | 4.7 | 4.1 | 19.5% |
Bolivia | 0.6 | 1.7 | 4.0 | 3.9 | 86.6% |
Paraguay | 1.3 | 1.9 | 1.6 | 2.3 | 20.9% |
Argentina | 1.5 | 1.7 | 2.0 | 2.2 | 13.6% |
United Arab Emirates | 0.9 | 0.3 | 0.4 | 0.4 | -23.7% |
India | 0.5 | 0.6 | 0.4 | 0.4 | -7.2% |
Uruguay | 0.3 | 0.6 | 0.5 | 0.3 | 0.0% |
El Salvador | 0.3 | 0.1 | 0.2 | N/A | -18.4% |
Others | 1.4 | 1.1 | 1.5 | 1.8 | 8.7% |
Total | 9.1 | 10.8 | 15.3 | 15.5 | 19.4% |
Top Export Markets for Coated Arc-Welding Electrode from Brazil in 2022:
- Peru (1516.2 tons)
- Bolivia (1460.4 tons)
- Paraguay (798.1 tons)
- Argentina (534.0 tons)
- United Arab Emirates (193.4 tons)
- India (124.2 tons)
- Uruguay (90.9 tons)
- El Salvador (17.7 tons)
Coated Arc-Welding Electrode Imports in Brazil
Coated arc-welding electrode imports into Brazil rose modestly to 9K tons in 2022, picking up by 4.3% on the previous year's figure. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 64%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, coated arc-welding electrode imports skyrocketed to $15M in 2022. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 76%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Coated Arc-Welding Electrode in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.8 | 4.4 | 7.7 | 9.0 | 33.3% |
Italy | 0.4 | 0.2 | 0.7 | 1.5 | 55.4% |
Germany | 0.7 | 0.7 | 0.9 | 1.2 | 19.7% |
India | 0.3 | 0.1 | 0.2 | 0.5 | 18.6% |
Singapore | 0.4 | N/A | N/A | N/A | 0% |
Others | 1.9 | 1.3 | 2.3 | 2.7 | 12.4% |
Total | 7.5 | 6.7 | 11.8 | 14.9 | 25.7% |
Top Suppliers of Coated Arc-Welding Electrode to Brazil in 2022:
- Singapore (undefinedK tons)
- China (7.7K tons)
- Italy (0.6K tons)
- Germany (0.3K tons)
- India (0.2K tons)
This report provides an in-depth analysis of the coated arc-welding electrode market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25931510 - Base metal coated electrodes for electric arc-welding
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The price of Cored Arc-Welding Wire in Brazil, CIF, dropped by -10.1% to $2,326 per ton in June 2023 compared to the previous month.
The price of Cored Arc-Welding Wire in Brazil, CIF, dropped by -10.1% to $2,326 per ton in June 2023 compared to the previous month.