Bolivia: Lead Market 2024

Lead Market Size in Bolivia

The Bolivian lead market was finally on the rise to reach $X in 2022, after three years of decline. The market value increased at an average annual rate of +3.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Lead Production in Bolivia

In value terms, lead production declined to $X in 2022 estimated in export price. Overall, production recorded a buoyant increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 134% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Lead Exports

Exports from Bolivia

In 2022, exports of lead from Bolivia contracted significantly to X tons, waning by -63.5% against the year before. Over the period under review, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 350%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, lead exports shrank rapidly to $X in 2022. In general, exports, however, saw a noticeable expansion. The pace of growth appeared the most rapid in 2016 with an increase of 423% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for lead exports from Bolivia, accounting for a 91% share of total exports. Moreover, lead exports to Brazil exceeded the volume sent to the second major destination, Argentina (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Brazil totaled +32.3%.

In value terms, Brazil ($X) remains the key foreign market for lead exports from Bolivia, comprising 91% of total exports. The second position in the ranking was held by Argentina ($X), with a 9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Brazil totaled +24.0%.

Export Prices by Country

In 2022, the average lead export price amounted to $X per ton, falling by -2.6% against the previous year. Over the period under review, the export price saw a mild decrease. The growth pace was the most rapid in 2017 an increase of 19% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Brazil totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Lead Imports

Imports into Bolivia

In 2022, purchases abroad of lead increased by 36% to X kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2014 when imports increased by 180%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, lead imports fell to $X in 2022. Overall, imports, however, saw a sharp shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 232% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X kg) constituted the largest supplier of lead to Bolivia, accounting for a 40% share of total imports. Moreover, lead imports from Germany exceeded the figures recorded by the second-largest supplier, Russia (X kg), threefold. The third position in this ranking was taken by the UK (X kg), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled -44.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-58.1% per year) and the UK (-62.5% per year).

In value terms, Germany ($X) constituted the largest supplier of lead to Bolivia, comprising 36% of total imports. The second position in the ranking was held by Peru ($X), with a 14% share of total imports. It was followed by the UK, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled -57.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-67.0% per year) and the UK (-65.5% per year).

Import Prices by Country

In 2022, the average lead import price amounted to $X per ton, shrinking by -31.6% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 26% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Peru ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform