Brazil: Dicalcium Phosphate Market 2024

Dicalcium Phosphate Market Size in Brazil

In 2021, the Brazilian dicalcium phosphate market increased by 47% to $X, rising for the second consecutive year after three years of decline. Overall, consumption posted a remarkable increase. Dicalcium phosphate consumption peaked in 2021 and is expected to retain growth in years to come.

Dicalcium Phosphate Exports

Exports from Brazil

In 2021, shipments abroad of calcium hydrogenorthophosphate (dicalcium phosphate) increased by 2.5% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +63.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 59% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, dicalcium phosphate exports skyrocketed to $X in 2021. In general, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +99.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Paraguay (X tons) was the main destination for dicalcium phosphate exports from Brazil, with a 72% share of total exports. Moreover, dicalcium phosphate exports to Paraguay exceeded the volume sent to the second major destination, Bolivia (X tons), fivefold. The third position in this ranking was held by Uruguay (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Paraguay totaled +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+10.3% per year) and Uruguay (-13.5% per year).

In value terms, Paraguay ($X) remains the key foreign market for calcium hydrogenorthophosphate (dicalcium phosphate) exports from Brazil, comprising 74% of total exports. The second position in the ranking was taken by Bolivia ($X), with a 16% share of total exports. It was followed by Uruguay, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Paraguay totaled +17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+10.1% per year) and Uruguay (-14.4% per year).

Export Prices by Country

The average dicalcium phosphate export price stood at $X per ton in 2021, rising by 40% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Paraguay ($X per ton) and Bolivia ($X per ton), while the average price for exports to Argentina ($X per ton) and Uruguay ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (-0.2%), while the prices for the other major destinations experienced a decline.

Dicalcium Phosphate Imports

Imports into Brazil

In 2021, overseas purchases of calcium hydrogenorthophosphate (dicalcium phosphate) increased by 25% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 when imports increased by 65% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, dicalcium phosphate imports skyrocketed to $X in 2021. In general, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Morocco (X tons), Peru (X tons) and Tunisia (X tons) were the main suppliers of dicalcium phosphate imports to Brazil, together accounting for 82% of total imports. Spain, China, Turkey and the United States lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +444.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dicalcium phosphate suppliers to Brazil were Morocco ($X), Peru ($X) and Tunisia ($X), with a combined 81% share of total imports. Spain, China, Turkey and the United States lagged somewhat behind, together comprising a further 16%.

Among the main suppliers, Turkey, with a CAGR of +534.6%, 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 dicalcium phosphate import price stood at $X per ton in 2021, jumping by 32% against the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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