Brazil: Plaster Article Market 2024

Plaster Article Market Size in Brazil

In 2021, the Brazilian plaster article market decreased by -6.8% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption recorded a pronounced shrinkage. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Plaster Article Production in Brazil

In value terms, plaster article production declined modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 8.8%. Over the period under review, production hit record highs at $X in 2020, and then shrank slightly in the following year.

Plaster Article Exports

Exports from Brazil

In 2021, plaster article exports from Brazil soared to X tons, jumping by 107% on the previous year's figure. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 193% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, plaster article exports soared to $X in 2021. In general, exports continue to indicate a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Argentina (X tons), Paraguay (X tons) and Ecuador (X tons) were the main destinations of plaster article exports from Brazil, with a combined 91% share of total exports.

From 2012 to 2021, the biggest increases were in Argentina (with a CAGR of +301.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plaster article exported from Brazil were Argentina ($X), Paraguay ($X) and Ecuador ($X), with a combined 81% share of total exports.

Argentina, with a CAGR of +268.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plaster article export price stood at $X per ton in 2021, declining by -24.1% against the previous year. Overall, the export price saw a deep slump. The pace of growth was the most pronounced in 2013 when the average export price increased by 23% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Uruguay ($X per ton), while the average price for exports to Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+25.8%), while the prices for the other major destinations experienced a decline.

Plaster Article Imports

Imports into Brazil

In 2021, the amount of articles of plaster or of compositions based on plaster imported into Brazil shrank significantly to X tons, which is down by -20.4% on 2020 figures. In general, imports showed a significant decline. The most prominent rate of growth was recorded in 2013 with an increase of 53%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, plaster article imports expanded notably to $X in 2021. Over the period under review, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2013 with an increase of 47% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of plaster article to Brazil, accounting for a 62% share of total imports. Moreover, plaster article imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+26.8% per year) and Germany (-16.4% per year).

In value terms, China ($X) constituted the largest supplier of plaster article to Brazil, comprising 55% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports. It was followed by Hong Kong SAR, with a 9.8% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-16.5% per year) and Hong Kong SAR (+37.0% per year).

Import Prices by Country

The average plaster article import price stood at $X per ton in 2021, picking up by 36% against the previous year. Overall, the import price posted a buoyant increase. The growth pace was the most rapid in 2018 when the average import price increased by 44% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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