Brazil: Complex Fluorine Salts Market 2024

Complex Fluorine Salts Market Size in Brazil

In 2021, the Brazilian complex fluorine salts market increased by 3% to $X, rising for the fourth consecutive year after two years of decline. Overall, consumption, however, recorded a pronounced decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Complex Fluorine Salts Production in Brazil

In value terms, complex fluorine salts production fell dramatically to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 63%. Over the period under review, production attained the peak level at $X in 2020, and then reduced rapidly in the following year.

Complex Fluorine Salts Exports

Exports from Brazil

In 2021, shipments abroad of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts was finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 460%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, complex fluorine salts exports soared to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 138%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Denmark (X tons), South Africa (X tons) and Mexico (X tons) were the main destinations of complex fluorine salts exports from Brazil, with a combined 68% share of total exports. These countries were followed by India, Colombia, Russia, Argentina, China and the United States, which together accounted for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +163.2%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the key foreign market for fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts exports from Brazil, comprising 32% of total exports. The second position in the ranking was held by Colombia ($X), with a 15% share of total exports. It was followed by Denmark, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico totaled +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+12.0% per year) and Denmark (+115.9% per year).

Export Prices by Country

The average complex fluorine salts export price stood at $X per ton in 2021, picking up by 10% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 42% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to China ($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 the Netherlands (+73.1%), while the prices for the other major destinations experienced more modest paces of growth.

Complex Fluorine Salts Imports

Imports into Brazil

In 2021, purchases abroad of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts increased by 10% to X tons, rising for the third consecutive year after two years of decline. In general, imports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2016 when imports increased by 33% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, complex fluorine salts imports amounted to $X in 2021. Over the period under review, imports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of 35% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Mexico (X tons), China (X tons) and Italy (X tons) were the main suppliers of complex fluorine salts imports to Brazil, together accounting for 78% of total imports. These countries were followed by Australia, Canada, Norway, Denmark and Argentina, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +63.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Mexico ($X) and Italy ($X) constituted the largest complex fluorine salts suppliers to Brazil, together comprising 92% of total imports. These countries were followed by Australia, Canada, Denmark, Norway and Argentina, which together accounted for a further 3.2%.

Among the main suppliers, Australia, with a CAGR of +22.5%, 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 complex fluorine salts import price stood at $X per ton in 2021, growing by 3.2% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 44%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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