Brazil - Household Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHousehold Hand Tools Price in Brazil - 2023
Contents:
- Household Hand Tools Price in Brazil (CIF) - 2023
- Household Hand Tools Price in Brazil (FOB) - 2023
- Household Hand Tools Imports in Brazil
- Household Hand Tools Exports in Brazil
Household Hand Tools Price in Brazil (CIF) - 2023
The average household hand tools import price stood at $2,651 per ton in July 2023, with an increase of 3.2% against the previous month. In general, the import price, however, saw a slight descent. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 15% m-o-m. The import price peaked at $3,595 per ton in October 2022; however, from November 2022 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was China ($2,608 per ton), while the price for Hong Kong SAR stood at $2,307 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-0.5%).
Household Hand Tools Price in Brazil (FOB) - 2023
In July 2023, the average household hand tools export price amounted to $23,435 per ton, with an increase of 13% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 23% month-to-month. Over the period under review, the average export prices reached the peak figure at $25,504 per ton in January 2023; however, from February 2023 to July 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In July 2023, the highest price was recorded for prices to Peru ($27,866 per ton) and Paraguay ($26,287 per ton), while the average price for exports to Uruguay ($19,661 per ton) and the United States ($20,027 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Household Hand Tools Imports in Brazil
After three years of growth, overseas purchases of household hand tools decreased by -5.6% to 4.2K tons in 2022. The total import volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of 4.4K tons, and then reduced in the following year.
In value terms, household hand tools imports contracted to $15M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +38.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62%. As a result, imports attained the peak of $18M, and then dropped in the following year.
Import of Household Hand Tools in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 10.2 | 10.3 | 16.4 | 14.0 | 11.1% |
Hong Kong SAR | 0.3 | 0.2 | 0.7 | 0.6 | 26.0% |
Others | 0.5 | 0.6 | 0.7 | 0.5 | 0.0% |
Total | 11.0 | 11.0 | 17.8 | 15.2 | 11.4% |
Top Suppliers of Household Hand Tools to Brazil in 2022:
- China (3.9K tons)
- Hong Kong SAR (0.2K tons)
Household Hand Tools Exports in Brazil
In 2022, overseas shipments of household hand tools decreased by -8.1% to 115 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded strong growth. The growth pace was the most rapid in 2021 when exports increased by 72% against the previous year. As a result, the exports reached the peak of 125 tons, and then reduced in the following year.
In value terms, household hand tools exports reached $2.4M in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 69% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Household Hand Tools in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 70.8 | 165 | 349 | 533 | 96.0% |
Bolivia | 198 | 135 | 279 | 235 | 5.9% |
Paraguay | 192 | 168 | 185 | 209 | 2.9% |
Ecuador | 99.2 | 128 | 188 | 157 | 16.5% |
Argentina | 39.0 | 63.9 | 111 | 143 | 54.2% |
Peru | 79.6 | 83.7 | 110 | 130 | 17.8% |
Mexico | 80.0 | 82.6 | 126 | 126 | 16.3% |
Germany | 42.2 | 4.1 | 24.2 | 116 | 40.1% |
Uruguay | 83.6 | 70.1 | 131 | 107 | 8.6% |
United Arab Emirates | 90.4 | 20.9 | 59.6 | 71.2 | -7.6% |
Colombia | 42.2 | 57.3 | 72.9 | 66.4 | 16.3% |
Russia | 44.0 | 38.7 | 55.4 | 54.2 | 7.2% |
Australia | 11.1 | 16.1 | 17.1 | 27.9 | 36.0% |
Others | 258 | 323 | 576 | 449 | 20.3% |
Total | 1,330 | 1,356 | 2,285 | 2,424 | 22.2% |
Top Export Markets for Household Hand Tools from Brazil in 2022:
- United States (27.0 tons)
- Argentina (10.0 tons)
- Bolivia (9.7 tons)
- Paraguay (9.5 tons)
- Ecuador (7.5 tons)
- Germany (5.2 tons)
- Mexico (5.1 tons)
- Uruguay (5.0 tons)
- Peru (4.9 tons)
- United Arab Emirates (4.1 tons)
- Australia (3.1 tons)
- Colombia (3.1 tons)
- Russia (2.3 tons)
This report provides an in-depth analysis of the household hand tools 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 25733065 - Household hand tools
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
-
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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During the review period, Blow Lamp imports peaked in January 2024, reaching a value of $111K.
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