Product Code: ETC007942 | Publication Date: Jun 2023 | Updated Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Brazil Steel Market registered a growth of 11.49% in value shipments in 2022 as compared to 2021 and an increase of 4.95% CAGR in 2022 over a period of 2017. In Steel Market Brazil is becoming less competitive as HHI index in 2022 was 1621 while in 2017 it was 1291. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Brazil has reportedly relied more on imports to meet its growing demand in Steel Market. India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Steel Market in 2022 was 2.53 while in 2017 it was 1.95. China, USA, Japan, Germany and Italy were among the top players of the market in 2022, where China acquired the largest market share of 32.18% with a shipment value of 67.04 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 USA had the largest market share of 27.04% with the shipment value of 37.83 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although USA offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the Brazil Steel Market in 2017.
The Brazil steel market is growing at a CAGR of 4.5% during the forecast period 2020-2026. The growth in the Brazilian steel market can be attributed to increasing infrastructure development activities and robust economic development in Brazil. Additionally, rising population coupled with surging automotive production has increased demand for steel products in the country, thereby propelling its consumption across various applications such as automotive & transportation, building & construction, energy & power and others over the forecast period. Furthermore, government initiatives such as `Growth Acceleration Program (PAC)` have supported large investments towards infrastructural projects which are further expected to contribute towards increasing demand for steel products in Brazil over the coming years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Brazil Steel Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Steel Market Revenues & Volume, 2019 & 2026F |
3.3 Brazil Steel Market - Industry Life Cycle |
3.4 Brazil Steel Market - Porter's Five Forces |
3.5 Brazil Steel Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 Brazil Steel Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.7 Brazil Steel Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Brazil Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Steel Market Trends |
6 Brazil Steel Market, By Types |
6.1 Brazil Steel Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Brazil Steel Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 Brazil Steel Market Revenues & Volume, By Flat Steel, 2016 - 2026F |
6.1.4 Brazil Steel Market Revenues & Volume, By Long Steel, 2016 - 2026F |
6.2 Brazil Steel Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Brazil Steel Market Revenues & Volume, By Structural Steel, 2016 - 2026F |
6.2.3 Brazil Steel Market Revenues & Volume, By Prestressing Steel, 2016 - 2026F |
6.2.4 Brazil Steel Market Revenues & Volume, By Bright Steel, 2016 - 2026F |
6.2.5 Brazil Steel Market Revenues & Volume, By Welding Wire/Rod, 2016 - 2026F |
6.2.6 Brazil Steel Market Revenues & Volume, By Iron Steel Wire, 2016 - 2026F |
6.2.7 Brazil Steel Market Revenues & Volume, By Ropes, 2016 - 2026F |
6.3 Brazil Steel Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Brazil Steel Market Revenues & Volume, By Building & Construction, 2016 - 2026F |
6.3.3 Brazil Steel Market Revenues & Volume, By Electrical Appliances, 2016 - 2026F |
6.3.4 Brazil Steel Market Revenues & Volume, By Metal Products, 2016 - 2026F |
6.3.5 Brazil Steel Market Revenues & Volume, By Domestic Appliances, 2016 - 2026F |
6.3.6 Brazil Steel Market Revenues & Volume, By Mechanical Equipment, 2016 - 2026F |
6.3.7 Brazil Steel Market Revenues & Volume, By Automotive, 2016 - 2026F |
7 Brazil Steel Market Import-Export Trade Statistics |
7.1 Brazil Steel Market Export to Major Countries |
7.2 Brazil Steel Market Imports from Major Countries |
8 Brazil Steel Market Key Performance Indicators |
9 Brazil Steel Market - Opportunity Assessment |
9.1 Brazil Steel Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 Brazil Steel Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.3 Brazil Steel Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Brazil Steel Market - Competitive Landscape |
10.1 Brazil Steel Market Revenue Share, By Companies, 2019 |
10.2 Brazil Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |