Brazil: Other Chemical Products Market 2024

Other Chemical Products Market Size in Brazil

The Brazilian other chemical products market totaled less than $X in 2022, approximately reflecting the previous year. Overall, consumption continues to indicate a abrupt shrinkage. Other chemical products consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Other Chemical Products Production in Brazil

In value terms, other chemical products production amounted to less than $X in 2022 estimated in export price. In general, production showed a slight downturn. The pace of growth was the most pronounced in 2015 when the production volume increased by 11%. Other chemical products production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Other Chemical Products Exports

Exports from Brazil

Other chemical products exports from Brazil surged to X tons in 2016, with an increase of 16% compared with 2015. The total export volume increased at an average annual rate of +1.3% from 2012 to 2016; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The exports peaked at X tons in 2014; however, from 2015 to 2016, the exports remained at a lower figure.

In value terms, other chemical products exports expanded rapidly to $X in 2016. Over the period under review, exports, however, recorded a perceptible contraction. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2016, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tons) was the main destination for other chemical products exports from Brazil, with a 36% share of total exports. Moreover, other chemical products exports to Argentina exceeded the volume sent to the second major destination, Uruguay (X tons), twofold. The third position in this ranking was held by Mexico (X tons), with a 13% share.

From 2012 to 2016, the average annual rate of growth in terms of volume to Argentina amounted to -5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+46.5% per year) and Mexico (+9.0% per year).

In value terms, Argentina ($X), Colombia ($X) and Uruguay ($X) were the largest markets for other chemical products exported from Brazil worldwide, with a combined 55% share of total exports.

Uruguay, with a CAGR of +30.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average other chemical products export price stood at $X per ton in 2016, reducing by -4.1% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 1.3% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2016, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+31.4%), while the prices for the other major destinations experienced mixed trend patterns.

Other Chemical Products Imports

Imports into Brazil

In 2016, purchases abroad of other chemical products increased by 4.3% to X tons for the first time since 2013, thus ending a two-year declining trend. Overall, imports, however, showed a slight decrease. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2016, imports remained at a lower figure.

In value terms, other chemical products imports shrank to $X in 2016. Over the period under review, imports, however, continue to indicate a perceptible decline. The growth pace was the most rapid in 2014 with an increase of 0.7% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2016, imports remained at a lower figure.

Imports by Country

The United States (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of other chemical products imports to Brazil, with a combined 62% share of total imports. Spain, China, France, Argentina, Mexico, the Netherlands, Chile, Japan and the UK lagged somewhat behind, together comprising a further 28%.

From 2012 to 2016, the biggest increases were recorded for Spain (with a CAGR of +35.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest other chemical products suppliers to Brazil were the United States ($X), Germany ($X) and Italy ($X), together accounting for 60% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +7.6%, 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

In 2016, the average other chemical products import price amounted to $X per ton, waning by -7.3% against the previous year. Over the period under review, the import price recorded a pronounced decline. The growth pace was the most rapid in 2014 when the average import price increased by 10% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2016, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Germany (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :