According to data released by the Secretariat of Foreign Trade (Secex) of the Brazilian Ministry of Economy, in the first 11 months of 2021, the bilateral trade volume between China and Brésil exceeded 125.099 billion US dollars, and China is Brazil's largest trading partner.
Among them, Brazil's exports to China were US$82.236 billion, imports were US$42.862 billion, and the trade surplus was US$39.373 billion. During the same period, Brazil's total foreign trade surplus was about 57 billion US dollars, nearly 70% of which came from trade with China. Brazil mainly exports iron ore, soybeans and oil to China, and the export value of these three products accounts for about 81% of Brazil's total exports to China.
It can be seen from the data that the trade status between China and Brazil is unshakable, and Dongqi Grue, as a Chinese crane supplier, is also actively participating in the trade between China and Brazil. In the past 2021, Dongqi Crane and its Brazilian partners have reached a total of 10 various crane projects. In order to further open up the Brazilian crane market, in addition to continuing to provide Brazil with high-quality crane products and services, it is also necessary to have a clear understanding of the category and structure of the Brazilian crane market. This article will deduce the possible performance of the Brazilian crane market in 2022 from the import and export scale of overhead cranes
Before we start discussing the aerial crane market in Brazil, we have a few small questions that need to be answered first. Let’s take a look
Source de données: https://www.indexbox.io/store/brazil-overhead-travelling-cranes-on-fixed-support-market-analysis-forecast-size-trends-and-insights/
In 2020, the Brazilian Overhead Crane Market grew X% to X USD, increasing for the third consecutive year after five years of decline. During the period under review, total consumption increased slightly from 2007 to 2020: its value has grown at an average annual rate of +X% over the past 13 years. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. According to 2020 data, consumption increased by +X% compared to the 2017 index. The most rapid growth was in 2011, when the market cap increased by X% over the previous year. During the period under review, the market peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain momentum.
By value, the production of overhead cranes soared to X dollars in 2020, estimated at export prices. During the period under review, production continued to show modest growth. The growth rate was most pronounced in 2011, when production increased by X% year-on-year. During the period under review, production hit an all-time high of $X in 2012; however, from 2013 to 2020, production failed to regain momentum.
In 2020, Brazil's fixed-support overhead crane exports dropped significantly to X units, down -X% from the previous year. During the period under review, exports contracted sharply. The fastest growth rate in 2019, with a year-on-year increase of X%. During the period under review, exports peaked at X units in 2015; however, from 2016 to 2020, exports were slightly lower. Overhead crane exports plummeted to $X in 2020 by value. Overall, exports continued to decline sharply. The most significant growth rate occurred in 2019, when exports increased by X% year-on-year. During the period under review, exports peaked at $X in 2009; however, from 2010 to 2020, exports were slightly lower.
Le États-Unis (X units) is the main destination for Brazilian bridge crane exports, accounting for X% of total exports. In addition, exports of overhead cranes to the United States are three times that to Argentina (X units), the second largest destination. Cuba (X units) ranks third in total exports with a share of X%. From 2007 to 2020, the average annual growth rate of exports to the United States reached +X%. Exports to other major destinations recorded the following average annual export growth rates: Argentina (+X% per annum) and Cuba (-X% per annum).
In value terms, Argentina ($X) emerged as the leading foreign market for Brazilian overhead crane exports, accounting for X% of total exports. In second place is Uruguay ($X) with X% of total exports. It is followed by Paraguay with an X% share. From 2007 to 2020, the value to Argentina has grown at an average annual rate of +X%. Exports to other major destinations recorded the following average annual export growth rates: Uruguay (+X% per annum) and Paraguay (+X% per annum).
In 2020, after two years of decline, overseas purchases of fixed-support overhead cranes increased significantly, with the number increasing by X% to X units. Overall, imports showed moderate growth. During the period under review, imports reached an all-time high of X units in 2009; however, from 2010 to 2020, imports have remained low.
Overhead crane imports surged to $X in 2020 by value. Overall, imports fell sharply. The most significant growth rate occurred in 2011, with an X% year-on-year increase. Imports peaked at $X in 2012; however, from 2013 to 2020, import volumes have remained low.
In 2020, Portugal (X units) was the largest supplier of overhead cranes in Brazil, accounting for X% of total imports. In addition, bridge cranes imported from Portugal were more than ten times higher than the number recorded by the second largest supplier, Hungary (X units). Third in the ranking is Germany (X units) with an X% share. From 2007 to 2020, the average annual growth rate of sales in Portugal reached +X%. The average annual growth rates of imports in the remaining supplier countries are as follows: Hungary (X% per annum) and Germany (-X% per annum).
Portugal (USD X) is Brazil's largest supplier of overhead cranes by value, accounting for X% of total imports. In second place is Hungary ($X) with X% of total imports. It is followed by Germany with an X% share. From 2007 to 2020, Portugal has experienced an average annual value growth of +X%. The average annual growth rates of imports in the remaining supplier countries are as follows: Hungary (X% per annum) and Germany (-X% per annum).
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