Brazil: Extruded Rod Market 2022

Extruded Rod Market Size in Brazil

In 2021, the Brazilian extruded rod market was finally on the rise to reach $X for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, consumption, however, saw a abrupt descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Extruded Rod Production in Brazil

In value terms, extruded rod production rose to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep reduction. Extruded rod production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Extruded Rod Exports

Exports from Brazil

In 2021, overseas shipments of extruded rods and profile shapes of cellular vulcanised rubber were finally on the rise to reach X tons after three years of decline. In general, exports, however, faced a deep reduction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, extruded rod exports surged to $X in 2021. Overall, exports, however, saw a deep downturn. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tons) was the main destination for extruded rod exports from Brazil, with a X% share of total exports. Moreover, extruded rod exports to Argentina exceeded the volume sent to the second major destination, Paraguay (X tons), threefold. Chile (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Argentina amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+X% per year) and Chile (-X% per year).

In value terms, Argentina ($X) remains the key foreign market for extruded rod exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Paraguay ($X), with a X% share of total exports. It was followed by Bolivia, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Argentina stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+X% per year) and Bolivia (-X% per year).

Export Prices by Country

In 2021, the average extruded rod export price amounted to $X per ton, growing by X% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, extruded rod export price increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Extruded Rod Imports

Imports into Brazil

In 2021, overseas purchases of extruded rods and profile shapes of cellular vulcanised rubber decreased by -X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports, however, saw a notable expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, extruded rod imports fell to $X in 2021. In general, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), China (X tons) and Thailand (X tons) were the main suppliers of extruded rod imports to Brazil, together accounting for X% of total imports.

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

In value terms, the United States ($X), Thailand ($X) and China ($X) appeared to be the largest extruded rod suppliers to Brazil, together accounting for X% of total imports.

In terms of the main suppliers, Thailand, with a CAGR of +X%, 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

The average extruded rod import price stood at $X per ton in 2021, rising by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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