Brazil: Steatite Market 2021

Steatite Market Size in Brazil

The Brazilian steatite market skyrocketed to $X in 2019, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted resilient growth. The growth pace was the most rapid in 2018 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level in 2019 and is expected to retain growth in the immediate term.

Steatite Exports

Exports from Brazil

In 2019, the amount of steatites exported from Brazil declined to X tons, waning by -X% against the year before. Overall, total exports indicated modest growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

In value terms, steatite exports contracted to $X in 2019. Over the period under review, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

Argentina (X tons), Italy (X tons) and Colombia (X tons) were the main destinations of steatite exports from Brazil, together comprising X% of total exports. Chile, Paraguay, Peru and Uruguay lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Peru (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X) remains the key foreign market for steatite exports from Brazil, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Argentina totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Colombia (+X% per year).

Export Prices by Country

In 2019, the average steatite export price amounted to $X per ton, declining by -X% against the previous year. In general, export price indicated a notable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, steatite export price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Chile ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Peru, while the prices for the other major destinations experienced more modest paces of growth.

Steatite Imports

Imports into Brazil

In 2019, overseas purchases of steatites increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in years to come.

In value terms, steatite imports fell remarkably to $X in 2019. Over the period under review, imports showed prominent growth. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. Imports peaked at $X in 2018, and then fell dramatically in the following year.

Imports by Country

The U.S. (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of steatite imports to Brazil, together accounting for X% of total imports. These countries were followed by Austria and China, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest steatite suppliers to Brazil were the U.S. ($X), the Netherlands ($X) and France ($X), together accounting for X% of total imports. Austria and China lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average steatite import price amounted to $X per ton, waning by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per ton. From 2014 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Austria ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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