Brazil: Fluoropolymers Market 2024

Fluoropolymers Market Size in Brazil

The Brazilian fluoropolymers market expanded significantly to $X in 2021, with an increase of 10% against the previous year. The market value increased at an average annual rate of +3.4% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Fluoropolymers Production in Brazil

In value terms, fluoropolymers production rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 51% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Fluoropolymers Exports

Exports from Brazil

In 2021, approx. X tons of fluoropolymers were exported from Brazil; picking up by 51% against the year before. In general, exports posted a resilient expansion. The growth pace was the most rapid in 2015 with an increase of 102% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, fluoropolymers exports skyrocketed to $X in 2021. Overall, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), the United States (X tons) and Italy (X tons) were the main destinations of fluoropolymers exports from Brazil, with a combined 91% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +349.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fluoropolymers exported from Brazil were France ($X), the United States ($X) and Argentina ($X), with a combined 89% share of total exports. South Africa, Italy and Panama lagged somewhat behind, together comprising a further 3.5%.

Among the main countries of destination, Italy, with a CAGR of +318.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fluoropolymers export price stood at $X per ton in 2021, increasing by 38% against the previous year. Over the last nine years, it increased at an average annual rate of +2.7%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Italy ($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 France (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fluoropolymers Imports

Imports into Brazil

In 2021, the amount of fluoropolymers imported into Brazil skyrocketed to X tons, with an increase of 39% against 2020. Over the period under review, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +39.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fluoropolymers imports surged to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), the United States (X tons) and China (X tons) were the main suppliers of fluoropolymers imports to Brazil, together accounting for 69% of total imports. These countries were followed by India, Italy, the Netherlands and Germany, which together accounted for a further 27%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +40.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fluoropolymers suppliers to Brazil were France ($X), the United States ($X) and China ($X), with a combined 73% share of total imports. Italy, India, the Netherlands and Germany lagged somewhat behind, together comprising a further 24%.

Among the main suppliers, India, with a CAGR of +36.2%, 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 fluoropolymers import price stood at $X per ton in 2021, increasing by 14% against the previous year. Overall, the import price, however, saw a noticeable contraction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India ($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 (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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