Updated Feb 7, 2023 11:03

Common Pottery Market in Brazil

Market Overview
The Brazilian common pottery market reduced to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a mild shrinkage. As a result, consumption attained the peak level of $. From 2009 to , the growth of the market failed to regain momentum.

In value terms, common pottery production reduced to $ in estimated in export price. In general, production showed a slight contraction. The pace of growth appeared the most rapid in 2008 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2009 to , production growth remained at a lower figure.


Consumption
In , consumption of common pottery in Brazil contracted to tons, waning by -% on the previous year. In general, consumption continues to indicate a slight setback. Common pottery consumption peaked at tons in 2008; however, from 2009 to , consumption failed to regain momentum.

The revenue of the common pottery market in Brazil contracted to $ in , declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a slight descent. As a result, consumption reached the peak level of $. From 2009 to , the growth of the market remained at a lower figure.


Market Forecast
Depressed by shrinking demand for common pottery in Brazil, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Over the period under review, the share of imports in terms of total common pottery consumption in Brazil was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Brazil common pottery market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.


Trade Balance
Brazil remains a net importer of common pottery; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.