Brazil: Market for Calcium Ammonium Nitrate (CAN) 2024

Market Size for Calcium Ammonium Nitrate (CAN) in Brazil

The Brazilian calcium ammonium nitrate (CAN) market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, showed a relatively flat trend pattern. Calcium ammonium nitrate (CAN) consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Calcium Ammonium Nitrate (CAN) in Brazil

In value terms, calcium ammonium nitrate (CAN) production stood at $X in 2021 estimated in export price. In general, production saw a mild shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by 18% against the previous year. Calcium ammonium nitrate (CAN) production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Calcium Ammonium Nitrate (CAN)

Exports from Brazil

In 2020, overseas shipments of calcium ammonium nitrate (CAN) decreased by -78.7% to X tons for the first time since 2012, thus ending a seven-year declining trend. Over the period under review, exports faced a dramatic slump. The smallest decline of -2.5% was in 2016. The exports peaked at X tons in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

In value terms, calcium ammonium nitrate (CAN) exports reduced rapidly to $X in 2020. In general, exports showed a sharp decline. The smallest decline of -27.1% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X tons) and Uruguay (X tons) were the main destinations of calcium ammonium nitrate (CAN) exports from Brazil.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uruguay (with a CAGR of -17.5%).

In value terms, the largest markets for calcium ammonium nitrate (CAN) exported from Brazil were Paraguay ($X) and Uruguay ($X).

Uruguay, with a CAGR of -13.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average calcium ammonium nitrate (CAN) export price amounted to $X per ton, shrinking by -13.2% against the previous year. In general, the export price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2013 an increase of 7%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2020, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2020, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Paraguay amounted to $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+5.4%).

Imports of Calcium Ammonium Nitrate (CAN)

Imports into Brazil

In 2019, approx. X tons of calcium ammonium nitrate (CAN) were imported into Brazil; almost unchanged from the previous year's figure. Overall, imports showed a dramatic decline. The smallest decline of 99.9% was in 2018. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2019, imports failed to regain momentum.

In value terms, calcium ammonium nitrate (CAN) imports amounted to $X in 2019. In general, imports recorded a dramatic contraction. The smallest decline of 99.9% was in 2018. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2019, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Russia (X tons) and Turkey (X tons) were the main suppliers of calcium ammonium nitrate (CAN) imports to Brazil, with a combined 75% share of total imports. Moreover, calcium ammonium nitrate (CAN) imports in the Netherlands exceeded the figures recorded by the second-largest supplier, Russia, fivefold.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +561.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest calcium ammonium nitrate (CAN) suppliers to Brazil were the Netherlands ($X), Russia ($X) and Turkey ($X), with a combined 75% share of total imports. Moreover, calcium ammonium nitrate (CAN) imports in the Netherlands exceeded the figures recorded by the second-largest supplier, Russia, sixfold.

In terms of the main suppliers, Turkey, with a CAGR of +490.2%, saw the highest rates of growth with regard to 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

In 2021, the average calcium ammonium nitrate (CAN) import price amounted to less than $X per ton, approximately reflecting the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price decreased by 99.9% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Turkey ($X per ton) and Germany ($X per ton), while the price for Russia ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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