Brazil: Market for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) 2024

Market Size for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) in Brazil

In 2022, the Brazilian market for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) increased by X% to $X, rising for the sixth consecutive year after two years of decline. Overall, consumption enjoyed strong growth. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in the near future.

Production of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) in Brazil

In value terms, LCD or LED indicator panel production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD)

Exports from Brazil

In 2022, shipments abroad of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, LCD or LED indicator panel exports surged to $X in 2022. In general, exports, however, showed a perceptible decrease. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Chile (X units), Australia (X units) and Mexico (X units) were the main destinations of LCD or LED indicator panel exports from Brazil, with a combined X% share of total exports. Jordan, the United States, Colombia and Portugal lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Jordan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for LCD or LED indicator panel exported from Brazil were Chile ($X), the United States ($X) and Mexico ($X), with a combined X% share of total exports. Colombia, Australia, Portugal and Jordan lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Jordan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2019 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Jordan ($X per unit) was amongst the lowest.

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

Imports of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD)

Imports into Brazil

For the fourth consecutive year, Brazil recorded growth in supplies from abroad of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD), which increased by X% to X units in 2022. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, LCD or LED indicator panel imports surged to $X in 2022. In general, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest LCD or LED indicator panel supplier to Brazil, with a X% share of total imports. Moreover, LCD or LED indicator panel imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), sixfold. Hong Kong SAR (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Hong Kong SAR (X% per year).

In value terms, China ($X) constituted the largest supplier of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) to Brazil, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average import price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, saw a abrupt decrease. The growth pace was the most rapid in 2018 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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