Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Brazil - 2024
Contents:
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Brazil (CIF) - 2024
- Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Brazil (FOB) - 2024
- Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Brazil
- Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Brazil
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Brazil (CIF) - 2024
In February 2024, the average import price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $57.1 per unit, with an increase of 29% against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +3.6%. The pace of growth appeared the most rapid in March 2023 an increase of 35% m-o-m. The import price peaked at $61.0 per unit in April 2023; however, from May 2023 to February 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was the United States ($474 per unit), while the price for Japan ($28.6 per unit) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the United States (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Brazil (FOB) - 2024
In February 2024, the average export price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $51.7 per unit, increasing by 11% against the previous month. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 62% month-to-month. Over the period under review, the average export prices attained the maximum at $60.8 per unit in September 2023; however, from October 2023 to February 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Bolivia ($81.5 per unit), while the average price for exports to Germany ($15.6 per unit) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Brazil
Imports of refrigerating or freezing equipment; parts thereof, other than furniture into Brazil dropped dramatically to 1.3M units in 2022, falling by -28.8% against the year before. Over the period under review, imports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 1.5%. Over the period under review, imports of hit record highs at 2.6M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture fell dramatically to $56M in 2022. Overall, imports continue to indicate a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 8.3% against the previous year. Over the period under review, imports of hit record highs at $112M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.5 | 50.1 | 55.1 | 34.9 | -14.3% |
| United States | 9.5 | 4.5 | 3.7 | 4.0 | -25.0% |
| Portugal | 3.9 | 4.4 | 5.4 | 3.7 | -1.7% |
| Italy | 6.3 | 1.7 | 3.4 | 2.4 | -27.5% |
| Mexico | 6.6 | 1.8 | 1.2 | 1.9 | -34.0% |
| Austria | 1.7 | 1.2 | 1.5 | 0.9 | -19.1% |
| Argentina | 7.3 | 0.2 | 0.1 | 0.1 | -76.1% |
| Others | 20.8 | 9.9 | 9.5 | 8.3 | -26.4% |
| Total | 112 | 73.8 | 79.9 | 56.2 | -20.5% |
Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to Brazil in 2022:
- China (919.2K units)
- Portugal (154.4K units)
- Italy (71.6K units)
- Austria (29.2K units)
- United States (27.1K units)
- Mexico (25.7K units)
- Argentina (0.7K units)
Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Brazil
In 2022, the amount of refrigerating or freezing equipment; parts thereof, other than furniture exported from Brazil reduced to 629K units, declining by -8.9% against the previous year's figure. Overall, exports recorded a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 69% against the previous year. Over the period under review, the exports of attained the maximum at 691K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture stood at $29M in 2022. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 69%. The exports peaked at $35M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 7.1 | 5.1 | 8.6 | 11.1 | 16.1% |
| Chile | 2.5 | 1.9 | 3.0 | 3.4 | 10.8% |
| Colombia | 1.7 | 1.0 | 1.9 | 1.9 | 3.8% |
| Uruguay | 0.8 | 1.1 | 2.5 | 1.5 | 23.3% |
| Mexico | 0.5 | 1.6 | 4.1 | 1.5 | 44.2% |
| Paraguay | 3.5 | 1.4 | 1.8 | 1.4 | -26.3% |
| Bolivia | 0.3 | 0.2 | 0.5 | 1.3 | 63.0% |
| Peru | 1.1 | 1.1 | 1.6 | 1.3 | 5.7% |
| Ecuador | 0.5 | 1.1 | 1.1 | 1.2 | 33.9% |
| Denmark | 0.4 | 0.4 | 0.6 | 0.3 | -9.1% |
| United States | 13.5 | 0.3 | 0.4 | 0.3 | -71.9% |
| Others | 2.6 | 1.5 | 2.0 | 3.2 | 7.2% |
| Total | 34.6 | 16.6 | 28.2 | 28.5 | -6.3% |
Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from Brazil in 2022:
- Argentina (304.0K units)
- Chile (77.3K units)
- Colombia (54.5K units)
- Mexico (30.1K units)
- Uruguay (27.6K units)
- Paraguay (25.7K units)
- Bolivia (19.6K units)
- Ecuador (17.8K units)
- Peru (17.7K units)
- Denmark (6.4K units)
- United States (4.1K units)
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