Brazil: Refined Lead Market 2024

Refined Lead Market Size in Brazil

In 2022, the Brazilian refined lead market decreased by -5.8% to $X for the first time since 2015, thus ending a six-year rising trend. The market value increased at an average annual rate of +5.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2021, and then fell in the following year.

Refined Lead Production in Brazil

In value terms, refined lead production expanded to $X in 2022 estimated in export price. Over the period under review, production showed buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of 51% against the previous year. Refined lead production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Refined Lead Exports

Exports from Brazil

In 2022, approx. X tons of refined lead (unwrought) were exported from Brazil; rising by 114% against the year before. Overall, exports saw resilient growth. The pace of growth was the most pronounced in 2015 with an increase of 2,793% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, refined lead exports soared to $X in 2022. Over the period under review, exports showed a strong expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 4,556% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for refined lead exports from Brazil, with a 77% share of total exports. Moreover, refined lead exports to the United States exceeded the volume sent to the second major destination, Singapore (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +14.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+11.7% per year) and Chile (+58.0% per year).

In value terms, the United States ($X) remains the key foreign market for refined lead (unwrought) exports from Brazil, comprising 76% of total exports. The second position in the ranking was held by Singapore ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +13.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+9.2% per year) and Chile (+66.6% per year).

Export Prices by Country

The average refined lead export price stood at $X per ton in 2022, surging by 12% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 61% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+5.5%), while the prices for the other major destinations experienced a decline.

Refined Lead Imports

Imports into Brazil

In 2022, approx. X tons of refined lead (unwrought) were imported into Brazil; waning by -22.8% on 2021 figures. In general, imports saw a mild contraction. The growth pace was the most rapid in 2021 when imports increased by 68%. As a result, imports reached the peak of X tons, and then plummeted in the following year.

In value terms, refined lead imports contracted significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 96%. As a result, imports attained the peak of $X, and then contracted remarkably in the following year.

Imports by Country

In 2022, Mexico (X tons) constituted the largest refined lead supplier to Brazil, accounting for a 43% share of total imports. Moreover, refined lead imports from Mexico exceeded the figures recorded by the second-largest supplier, Ecuador (X tons), threefold. The third position in this ranking was taken by Israel (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Mexico totaled -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+16.7% per year) and Israel (+32.2% per year).

In value terms, Mexico ($X) constituted the largest supplier of refined lead (unwrought) to Brazil, comprising 43% of total imports. The second position in the ranking was taken by Ecuador ($X), with a 14% share of total imports. It was followed by Israel, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico stood at -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+18.9% per year) and Israel (+34.2% per year).

Import Prices by Country

In 2022, the average refined lead import price amounted to $X per ton, growing by 5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2017 an increase of 24%. The import price peaked at $X per ton in 2018; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($X per ton) and Israel ($X per ton), while the price for Kazakhstan ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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