Brazil: Asbestos Market 2022

Asbestos Market Size in Brazil

The Brazilian asbestos market contracted notably to $X in 2020, waning by -X% against the previous year. Overall, consumption recorded a dramatic decrease. The pace of growth was the most pronounced in 2019 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Asbestos Production in Brazil

In value terms, asbestos production skyrocketed to $X in 2020 estimated in export prices. Overall, production, however, saw a abrupt decrease. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Asbestos Exports

Exports from Brazil

In 2020, approx. X tons of asbestos were exported from Brazil; increasing by X% against the previous year's figure. Over the period under review, exports, however, recorded a abrupt shrinkage. Over the period under review, exports reached the peak figure at X tons in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

In value terms, asbestos exports soared to $X in 2020. In general, exports, however, recorded a abrupt curtailment. Exports peaked at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for asbestos exports from Brazil, accounting for a X% share of total exports. Moreover, asbestos exports to India exceeded the volume sent to the second major destination, Sri Lanka (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to India stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+X% per year) and Bangladesh (+X% per year).

In value terms, India ($X) remains the key foreign market for asbestos exports from Brazil, comprising X% of total exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to India amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+X% per year) and Bangladesh (+X% per year).

Export Prices by Country

In 2020, the average asbestos export price amounted to $X per ton, which is down by -X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major overseas markets. In 2020, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India, while the prices for the other major destinations experienced a decline.

Asbestos Imports

Imports into Brazil

For the third consecutive year, Brazil recorded decline in supplies from abroad of asbestos, which decreased by -X% to X tons in 2020. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tons in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, asbestos imports reduced to $X in 2020. Overall, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Russia (X tons) was the main asbestos supplier to Brazil, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Russia stood at -X%.

In value terms, Russia ($X) constituted the largest supplier of asbestos to Brazil.

From 2007 to 2020, the average annual growth rate of value from Russia totaled -X%.

Import Prices by Country

In 2020, the average asbestos import price amounted to $X per ton, remaining constant against the previous year. In general, the import price recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2007 to 2020, the rate of growth in terms of prices for Russia amounted to +X% per year.

Source: IndexBox Platform

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