Brazil: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Brazil

In 2020, the Brazilian unwrought aluminium alloys market decreased by -X% to $X, falling for the second consecutive year after three years of growth. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Unwrought aluminium alloys consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Unwrought Aluminium Alloys Production in Brazil

In value terms, unwrought aluminium alloys production reduced sharply to $X in 2020 estimated in export prices. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Unwrought Aluminium Alloys Exports

Exports from Brazil

In 2020, the amount of unwrought aluminium alloys exported from Brazil skyrocketed to X tons, picking up by X% on 2019. Over the period under review, exports, however, faced a dramatic decline. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, unwrought aluminium alloys exports rose sharply to $X in 2020. In general, exports, however, recorded a dramatic downturn. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Uruguay (X tons), Mexico (X tons) and China (X tons) were the main destinations of unwrought aluminium alloys exports from Brazil, together comprising X% of total exports. These countries were followed by Argentina, South Korea, Paraguay and Malaysia, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Paraguay (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unwrought aluminium alloys exported from Brazil were Uruguay ($X), Mexico ($X) and South Korea ($X), together accounting for X% of total exports.

Among the main countries of destination, South Korea (+X% per year) recorded the highest growth rate of 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 unwrought aluminium alloys export price stood at $X per ton in 2020, dropping by -X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2008; however, from 2009 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was South Korea ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to South Korea, while the prices for the other major destinations experienced a decline.

Unwrought Aluminium Alloys Imports

Imports into Brazil

In 2020, supplies from abroad of unwrought aluminium alloys increased by X% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at X tons in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

In value terms, unwrought aluminium alloys imports skyrocketed to $X in 2020. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

Argentina (X tons), the UK (X tons) and Saudi Arabia (X tons) were the main suppliers of unwrought aluminium alloys imports to Brazil, with a combined X% share of total imports. These countries were followed by Spain, Qatar, Australia, South Korea, Bahrain, Norway, Russia, the U.S., Malaysia and India, which together accounted for a further X 2007 to 2020, the biggest increases were in Norway (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest unwrought aluminium alloys suppliers to Brazil were Argentina ($X), the UK ($X) and Saudi Arabia ($X), together comprising X% of total imports. These countries were followed by Spain, Qatar, Australia, Bahrain, South Korea, Norway, Russia, the U.S., Malaysia and India, which together accounted for a further X (+X% per year) saw 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 2020, the average unwrought aluminium alloys import price amounted to $X per ton, shrinking by -X% against the previous year. In general, the import price showed a perceptible decline. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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