Brazil: Bentonite Market 2021

Bentonite Market Size in Brazil

For the fifth year in a row, the Brazilian bentonite market recorded decline in sales value, which decreased by -X% to $X in 2019. In general, consumption recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.

Bentonite Production in Brazil

In value terms, bentonite production reached $X in 2019 estimated in export prices. Overall, production, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2011; however, from 2012 to 2019, production failed to regain the momentum.

Bentonite Exports

Exports from Brazil

In 2019, the amount of bentonite exported from Brazil shrank to X tons, which is down by -X% compared with 2018 figures. Over the period under review, total exports indicated a slight increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2015 indices. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tons in 2012; however, from 2013 to 2019, exports remained at a lower figure.

In value terms, bentonite exports totaled $X in 2019. Overall, exports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2015; however, from 2016 to 2019, exports remained at a lower figure.

Exports by Country

South Africa (X tons) was the main destination for bentonite exports from Brazil, with a X% share of total exports. Moreover, bentonite exports to South Africa exceeded the volume sent to the second major destination, Kenya (X tons), threefold. The third position in this ranking was occupied by Ecuador (X tons), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to South Africa totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+X% per year) and Ecuador (-X% per year).

In value terms, South Africa ($X) remains the key foreign market for bentonite exports from Brazil, comprising X% of total exports. The second position in the ranking was occupied by Kenya ($X), with a X% share of total exports. It was followed by Ecuador, with a X% share.

From 2007 to 2019, the average annual growth rate of value to South Africa totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+X% per year) and Ecuador (-X% per year).

Export Prices by Country

The average bentonite export price stood at $X per ton in 2019, picking up by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Mexico ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Peru, while the prices for the other major destinations experienced more modest paces of growth.

Bentonite Imports

Imports into Brazil

Bentonite imports into Brazil shrank to X tons in 2019, dropping by -X% on the year before. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tons in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, bentonite imports dropped slightly to $X in 2019. In general, total imports indicated a modest increase from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Argentina (X tons) constituted the largest supplier of bentonite to Brazil, accounting for a X% share of total imports. Moreover, bentonite imports from Argentina exceeded the figures recorded by the second-largest supplier, the U.S. (X tons), twofold. The third position in this ranking was occupied by Uruguay (X tons), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Argentina amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Uruguay (+X% per year).

In value terms, Argentina ($X), the U.S. ($X) and Poland ($X) were the largest bentonite suppliers to Brazil, together accounting for X% of total imports.

Among the main suppliers, Poland (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bentonite import price stood at $X per ton in 2019, with an increase of X% against the previous year. Overall, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform