Brazil: Colloidal Precious Metals Market 2024

Colloidal Precious Metals Market Size in Brazil

The Brazilian colloidal precious metals market rose sharply to $X in 2022, picking up by X% against the previous year. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the near future.

Colloidal Precious Metals Production in Brazil

In value terms, colloidal precious metals production expanded to $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 with an increase of X%. Colloidal precious metals production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Colloidal Precious Metals Exports

Exports from Brazil

In 2022, the amount of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) exported from Brazil dropped modestly to X tons, declining by X% on 2021. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, colloidal precious metals exports dropped dramatically to $X in 2022. Over the period under review, exports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for colloidal precious metals exports from Brazil, with a X% share of total exports. Moreover, colloidal precious metals exports to Germany exceeded the volume sent to the second major destination, South Korea (X tons), sixfold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and China (X% per year).

In value terms, Germany ($X) remains the key foreign market for colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and China (X% per year).

Export Prices by Country

The average colloidal precious metals export price stood at $X per kg in 2022, waning by X% against the previous year. In general, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. The export price peaked at $X per kg in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per kg), while the average price for exports to Peru ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Colloidal Precious Metals Imports

Imports into Brazil

In 2022, supplies from abroad of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, colloidal precious metals imports soared to $X in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) was the main supplier of colloidal precious metals to Brazil, accounting for a X% share of total imports. It was followed by Argentina (X tons), with a X% share of total imports. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) to Brazil, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Argentina (X% per year).

Import Prices by Country

The average colloidal precious metals import price stood at $X per kg in 2022, dropping by X% against the previous year. Overall, the import price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per kg in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per kg), while the price for the United States ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :