Brazil: Market for Tableware And Kitchenware Of Wood 2024

Market Size for Tableware And Kitchenware Of Wood in Brazil

After two years of growth, the Brazilian wood kitchenware and tableware market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Tableware And Kitchenware Of Wood in Brazil

In value terms, wood kitchenware and tableware production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Tableware And Kitchenware Of Wood

Exports from Brazil

In 2022, overseas shipments of tableware and kitchenware of wood increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports showed strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, wood kitchenware and tableware exports soared to $X in 2022. Over the period under review, exports enjoyed strong growth. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X tons) was the main destination for wood kitchenware and tableware exports from Brazil, accounting for a X% share of total exports. Moreover, wood kitchenware and tableware exports to the United States exceeded the volume sent to the second major destination, South Korea (X tons), fivefold. Mexico (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Mexico (X% per year).

In value terms, the United States ($X) remains the key foreign market for tableware and kitchenware of wood exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with an X% share of total exports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Argentina (X% per year).

Export Prices by Country

The average wood kitchenware and tableware export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tableware And Kitchenware Of Wood

Imports into Brazil

In 2022, approx. X tons of tableware and kitchenware of wood were imported into Brazil; dropping by X% compared with the previous year. Overall, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then dropped markedly in the following year.

In value terms, wood kitchenware and tableware imports reduced rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then declined markedly in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of wood kitchenware and tableware to Brazil, with a X% share of total imports. It was followed by Hong Kong SAR (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%.

In value terms, China ($X) constituted the largest supplier of tableware and kitchenware of wood to Brazil, comprising X% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

The average wood kitchenware and tableware import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood kitchenware and tableware import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Hong Kong SAR stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform

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